Scan & Capture

Editor’s Note: As 2015 draws to a close, it is the time of year when we revisit some of our best articles from the past year. Over the next week, the Payables Place team will wrap up its eight-part series on the “Best of 2015.” Today’s article details Ardent’s thoughts on the importance of Lexmark purchasing Kofax, which ran [...]

Over the past few years, Lexmark (NYSE: LXK), the longstanding manufacturer of laser printers and print supplies, has made an aggressive push into software and services. On Tuesday, March 24, it continued this push with the announcement of its plans to buy Kofax (NASDAQ: KFX) for $11 per share or approximately $1 billion, net of cash at closing. The price [...]

Earlier this week, Lexmark (NYSE: LXK) announced that it had commenced a cash tender offer for all of the outstanding shares of  ReadSoft (NASDAQ OMX: RSOF-B), a Sweden-based provider of AP automation and document management solutions. ReadSoft was founded in 1991 and has approximately 625 employees. The company is headquartered in Helsingborg, Sweden. The offer [...]

Even with eInvoicing solutions becoming more commonplace within the enterprise today, there is still a significant amount of paper and PDF invoices being submitted by suppliers. In fact, the average company still receives the majority of its invoices manually (i.e., paper, PDF, fax). These invoice formats require manual data entry and are generally inefficient from [...]

A few weeks ago, Kofax announced the availability of TotalAgility 7.0, which is a unified platform for the development and deployment of smart process applications. Kofax has spent the last few years developing and acquiring (over $100 million in acquisitions) the necessary capabilities in order to bring TotalAgility to market. TotalAgility functionality is broadly focused [...]

Today’s article will focus on a specific solution provider – Iron Mountain. Iron Mountain (NYSE:IRM) is a storage and information management solution and service provider. The company has approximately 60 years of expertise and boasts some 150,000 customers in over 30 countries, making them one of larger and more established companies to have entered the [...]

Based on research from Ardent’s latest report – ePayables 2013: AP’s New Dawn The primary role of these solutions/services is to take paper-based documents and transform the data that lies within them into a usable electronic format which can then be processed in a more automated and efficient manner. The three solutions mentioned below are [...]

Iron Mountain is a company that many of our readers may already be familiar with. For the most part, the company is best known as a document management and storage provider. While this is still true, over the last few years Iron Mountain has evolved into a broader information management provider. Within one of its [...]

Quick Note: Those who are interested in participating in our annual ePayables study click here to learn more) Continuing with the Tradeshift event in New York last week, let me start Part 2 of this series (Part 1 can be found here) by first discussing CloudScan, a service that Tradeshift created roughly one year ago. [...]

Concentra is a health care company that provides occupational medicine, urgent care, physical therapy, and wellness services to workers and the general public from 308 medical centers in 40 states. In addition to these medical center locations, Concentra serves employers by providing a broad range of health advisory services and operating 258 on-site medical facilities. [...]