E-invoicing
Kofax to provide distributed invoice capture solution for Middle Eastern airline Wednesday 17 February 2010 | 10:35 AM CET

US provider of document-driven business process automation services Kofax has teamed up with an international airline based in the Middle East to provide the latter with a distributed invoice capture solution. The contract is worth an estimated USD 200,000.

Under the terms of the deal, the airline will use Kofax software to capture, classify and extract data from approximately 2 million paper and electronic invoices it receives annually at more than 55 global locations. The resulting data will then be sent to its central invoice processing centre for validation before being exported into a Microsoft SharePoint-based repository and workflow for further processing and payment.

As a result, the airline will be able to process invoices more efficiently, reducing paper and labour intensive costs and eliminating physical document transport expenses.

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