Category Archives: News

Kofax to Acquire Nuance Document Imaging Solutions

Acquisition Secures Innovative Technologies to Enhance its Intelligent Automation Platform

Kofax today announced it entered into a definitive agreement to acquire Nuance Document Imaging (NDI), a division of Nuance Communications, Inc. (NASDAQ: NUAN).

NDI provides software to help organizations optimize their information-based capture and print processes from being labor intensive, error prone and costly, into becoming highly efficient, automated and secure. The company’s products assist organizations in complying with information security policies and regulations, reducing risk and ensuring employees have complete control over documents and information. Nuance’s cross-platform compatibility provides seamless deployment across multi-function printers (MFPs), printers, desktops and mobile devices. Nuance solutions deliver a consistent, familiar and intuitive user-experience for more efficient and natural interactions with technologies used to create, capture, print and process documents.

“Through the acquisition of Nuance’s document imaging division, Kofax will drive customer value by adding key technologies, including cloud compatibility, scan-to-archive, scan-to-workflow, print management and document security, to our end-to-end Intelligent Automation platform,” said Reynolds C. Bish, Chief Executive Officer of Kofax. “In addition we will now be able to combine the best capture and print management capabilities available in the market into one product portfolio.”

NDI is the recognized leader in worldwide device and print management. More than 6 million knowledge workers use NDI’s Capture and Workflow solutions. The company has more than 100,000 active deployments of its Print Management solutions. Through today’s acquisition, Kofax becomes the global leader in Capture and Print Management.

“Nuance’s comprehensive solutions allow organizations to streamline and eliminate gaps across the full spectrum of workflows spanning the lifecycle of documents from origin to archiving,” said Al Monserrat, EVP & General Manager, Imaging Division at Nuance Communications. “With Kofax, our customers will benefit from the complementary and expanded capabilities of Kofax’s Intelligent Automation platform with solutions that cater to their unique needs.”

The transaction is expected to close by the end of Q1, 2019.

 

DocuWare Announces Leadership Transition

Leadership Change Takes Place at the Helm as DocuWare Continues its Successful Trajectory

DocuWare announced today that, effective January 1, 2019, company presidents Jürgen Biffar and Thomas Schneck will transition their leadership positions to Dr. Michael Berger, currently the company’s Chief Technology Officer, and Max Ertl, currently the company’s Chief Revenue Officer.

“Today’s announcements are about ensuring the company continues its long-term growth,” stated Jürgen Biffar, Founder and President. “This new structure will enable DocuWare to benefit from the extraordinary opportunities ahead. There is tremendous innovation and creativity at DocuWare and I have total confidence in Michael and Max to harness that energy to execute the company’s growth plan,” he added.

Founded in Germering, Germany in 1988, both presidents have steered DocuWare towards its current success over the past 30 years. Jürgen Biffar, President is based in Germany and oversees finance, product and marketing, while Thomas Schneck, President is based in the U.S. and is responsible for sales. Their dedication to the customers and enthusiasm for the technology have driven an ambitious product roadmap and growth plan.

The next phase of DocuWare’s growth will be led by newly appointed co-presidents, Dr. Michael Berger and Max Ertl.

“As with any successful company, change and transition is necessary. Therefore, it is with pride and gratitude that we hand over the responsibility to Michael & Max”, stated Thomas Schneck, President. “Both have played critical roles in the development and success of DocuWare and we believe there is no one more qualified to lead the company,” he concluded.

Dr. Michael Berger holds a Ph.D. in computer science, specializing in distributed and intelligent systems. After serving in senior positions within Siemens AG, the 48-year-old joined DocuWare in 2008. As Vice President Research & Development, Berger placed the development process on a modern foundation, driving innovations such as DocuWare Cloud and Intelligent Indexing. In May 2013, he took on the added responsibility of the company’s worldwide Technology Department, which encompassed Product, Research & Development, QA and IT Operations. He was promoted to Chief Technology Officer at the beginning of 2016. Dr. Michael Berger will assume global responsibility of products, services and finance.

Max Ertl joined DocuWare in 2001.  He had previously held leading positions at Siemens AG in the areas of strategic planning, marketing and international software sales and at Nemetschek, a construction software specialist. When he first joined DocuWare, Ertl was responsible for marketing. In 2006, he took over German-language sales regions and in 2008 assumed responsibility for the subsidiaries in France, Spain, the UK and the EMEA regions.

Following his promotion to Chief Revenue Officer in January 2018, Ertl continued to demonstrate unique leadership qualities bringing his Regional Sales Director team to new heights and expanding the network of authorized DocuWare partners. The 54-year-old played a decisive role in the company’s ability to increase its worldwide revenue from € 6.3 million in 2001 to approximately € 44 million in 2017. Max Ertl will assume global responsibility for sales and marketing.

In a statement released to staff across DocuWare’s global office locations yesterday, Biffar and Schneck thanked their staff of 300 for their work and dedication and emphasized that the entire DocuWare community, from employees to partners to customers, are the true reasons behind DocuWare’s long-term sustainability. Their achievements in business growth enabled strategic re-investment into product and technology developments that have enabled DocuWare to become a known and trusted brand in the content services space.

Max Ertl and Michael Berger will assume the roles of co-presidents on Jan 1, 2019. Mr. Biffar and Mr. Schneck will relinquish all day-to-day management responsibilities at this time and remain as strategic advisors to the company’s leadership team.

 

Konica Minolta Expands Enterprise Content Management Portfolio with Acquisition of VeBridge Holdings, Inc.

VeBridge Adds a Wealth of ECM Tools and Knowledge that Simplify Document Management Processes

 Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced the acquisition of VeBridge Holdings, Inc., a Lexington, Kentucky-based document management business that specializes in enterprise content management (ECM), business process automation and outsourcing, and document conversion services. 

VeBridge, founded in 1998, has a lengthy history of turning business challenges into profitable competitive advantages for their customers by converting paper to digital information that enables automating manual processes while providing secure yet easy access to information.  By helping companies take the first step in converting paper documents, and managing their content with ECM and business process management (BPM) products including  OnBase® by Hyland Software, the company provides a wide array of information and content management options for its customers. 

“What sets us apart is the ability to build workable bridges between people, process and technology in the manufacturing, healthcare, education and insurance spaces,” said Paul Engel, CEO and founder of VeBridge. “Understanding how to best meet our customers’ business needs, a process we refer to as relentless discovery, is the very foundation for the work we perform that ultimately benefits the end-users of our products and services.”

Through its ECM Business Development initiative, Konica Minolta is continually identifying companies with complementary services to support its national expansion of the ECM practice.  “With its geographic location and solid relationships in key industries, we knew that VeBridge would be a good addition to our practice,” says Les Walker, vice president, ECM Business Development. “We look forward to future opportunities for other compatible businesses to join our practice and support our focus on content management, conversion services and SharePoint consulting.”
                                                                           
Kevin Kern, senior vice president, Business Intelligence Services and Product Planning noted, “The acquisition of VeBridge further complements the portfolio of ECM, business process automation, document management solutions and document conversion services we currently offer to our customers.” Kern added, “We’re excited to make this addition, which expands our geographic coverage in the Midwest, and further demonstrates our commitment to meeting the current and future needs of businesses nationwide in solving their content and document management challenges.”  

 

Esker Achieves Record Sales Growth, Enhances Customer Experience Through Partnerships and Solutions Improvements

Their most successful quarter in their history

Esker, Inc., a worldwide leader in document process automation solutions and pioneer in cloud computing, recently announced that the company once again experienced its most successful quarter in company history. Fueled by an increased demand for AI-driven solutions and the company’s commitment to delivering comprehensive, industry-leading solutions, the first quarter of 2018 marked Esker’s 40th consecutive quarter of positive growth, with the second quarter continuing that trend.

 “This year has been productive and profitable for Esker, thus far. We continue to experience dynamic, double-digit growth quarter over quarter and year over year,” said Steve Smith, U.S. chief operations officer at Esker. “Moving forward, this gives us the resources to pursue a strategy that combines organic growth and acquisitions.”

In light of this growth, Lyon, France-based Esker was recently awarded the Futur40 award by Forbes France for recognition as one of the fastest growing small and medium-sized enterprises in France.

2018 highlights

During the first half of 2018, Esker gained several notable clients across a variety of industries. These customers experienced significant results following the implementation of Esker’s documents processing automation solutions:

  • Heineken Spain increased its order processing speed fivefold
  • Delicato Vineyards achieved a 60-percent increase in order processing speed
  • Trek Bicycles reduced past-due percentage by four percent, as well as Days Sales Outstanding (DSO)
  • Pelican Products automated its accounts payable invoicing and order management processes, reducing its order entry time by 80 percent

New customer contracts have been a huge driver of success in the first half of 2018, with the cumulative value of new contracts up 54 percent year over year. In addition, Esker’s continued focus on enhancing the customer experience has led to many existing customers expanding their contracts and implementing additional solutions throughout the year.

“Our growth throughout 2018 can be largely attributed to increased interest in cloud-based automation solutions. Revenues from these solutions increased by 21 percent over the quarter, representing 87 percent of the Esker’s business,” Smith said. “We’re continuing to see demand among businesses for AI-driven automation solutions that further their digital transformation goals.”

Esker also experienced growth in the form of partnerships. Since the start of the year, Esker has partnered with several leaders in the industry, including:

  • Viveris, a French-based systems integrator, allowing for faster implementation while maintaining high standards of customer service.
  • Optima EMC, a global implementation organization, providing a more holistic set of offerings that complement the evolving nature of digital transformation.
  • Genpact, a global professional services firm that delivers digital transformation for its clients.
  • Rimilia, a developer of automated intelligent financial solutions, providing Esker’s customers and prospects with market-leading cash application automation.

Through pursuing these partnerships, Esker has consistently maintained its dedication to exceptional customer service and experience.

Solution advancements

Esker showcased advancements in its artificial intelligence and machine-learning capabilities at this year’s Esker Americas User Conference (EAUC) in April. Esker’s customers and employees came together in Madison, Wisconsin, to learn more about Esker’s full suite of solutions and evolving capabilities.

Since the conference, Esker has expanded the functionality of its Esker Anywhere™ mobile application to support order management. The new features allow mobile users to easily place orders in a variety of forms and gives sales representatives greater visibility into the order process with a mobile dashboard as well as seamless integration with Esker’s AI-driven document process automation solutions. Additional improvements to the sales order process include integrating the Oracle E-Business Suite Enterprise Resource Planning (ERP) solution, streamlining Electronic Data Interchange (EDI)-based document processing and automating orders referencing quotes.

Esker also received ISO 27001:2013 certification for its Information Security Management System (ISMS) this year. ISO 27001 provides an international standard for evaluating the implementation, management and maintenance of information security within a company. This certification demonstrates that Esker has implemented information security in all areas of the organization.

Esker anticipates continued growth in the second half of 2018 as a result of these solution improvements and strategic partnerships.

 

DocuWare Continues Leadership in Cloud Growth

Increased Cloud Revenues Reflect the Growing Number of Businesses Migrating to the Cloud

DocuWare, a provider of cloud solutions for document management and workflow automation, demonstrates its continued leadership in mid-market cloud solutions, with cloud revenues up 112% in the first half of 2018. This bodes well for the company, and its growing partner channel, as industry predictions show that 78% of small to medium-sized businesses will move to some form of cloud computing in the next two years.

Over the past two years the company has seen accelerated success with its cloud-first strategy. With its reliability and security, as well as time and money-saving features, the cloud is the most effective productivity platform for employees. DocuWare’s expansive growth is evidence of how more organizations are looking to leverage these benefits to their advantage.

“There is no doubt that the release of DocuWare version 7 and the launch of our cloud-only DocuWare Kinetic Solutions, are critical components to our cloud growth this year,” says Jürgen Biffar, DocuWare founder and co-president. “With two brand-new cloud solutions targeted at finance and HR teams, we’re helping organizations shift manual processes to digital ones, with minimal downtime during the transition and high long-term value for every DocuWare user,” Biffar adds.
The company’s overall revenues increased 15% in 1H 2018, adjusted for foreign currency effects while EBIDTA was up 16%. “DocuWare’s profitability has allowed us to invest in the technology and resources to meet the growing demand for cloud-delivered solutions. We look forward to providing even more digital workflow automation solutions that positively impact the processes at the heart of our customers’ businesses,” concludes Biffar.

 

DocuSign signs definitive agreement to acquire SpringCM

Transaction accelerates DocuSign’s System of Agreement vision

As part of its vision to modernize companies’ Systems of Agreement (SofA), DocuSign Inc. (Nasdaq:DOCU) today announced that it has signed a definitive agreement to acquire SpringCM, a leading cloud-based document generation and contract lifecycle management software company based in Chicago.

With the addition of SpringCM’s capabilities in document generation, redlining, advanced document management, and end-to-end agreement workflow, the deal further accelerates DocuSign’s broadening of its solution beyond e-signature to the rest of the agreement process—from preparing to signing, acting-on, and managing agreements.

“DocuSign pioneered the e-signature category, and has built a strong SaaS business around that capability. We’ve also started to offer solutions that connect and automate the entire agreement lifecycle,” said Dan Springer, CEO of DocuSign. “We’ve done this with SpringCM as a partner across hundreds of joint commercial and enterprise customers. And we have many more DocuSign customers asking us to provide these capabilities natively as part of our platform. That’s why we believe today’s announcement makes such great business sense.”

“SpringCM shares DocuSign’s passion for transforming and automating the foundation of doing business—the agreement process,” said Dan Dal Degan, CEO of SpringCM. “That’s what we’ve been focused on since inception, and it’s why we power the contract lifecycle management processes for more than 600 of the world’s leading companies—including ADP, Aetna, Facebook, Hilton, Lenovo, Spotify, and the U.S. Department of Agriculture. By joining forces with the market leader, we can continue to simplify and accelerate the process of doing business, and drive innovation both before and after agreements have been DocuSigned.”

Under the terms of the agreement, DocuSign will acquire SpringCM for approximately $220 million in cash. Subject to customary closing conditions, including U.S. regulatory approval, the acquisition is expected to close in the third quarter of DocuSign’s fiscal year.

 

Nintex Acquires Process Management Leader Promapp

This acquisition adds new Nintex Platform visual collaboration and process management capabilities to help organizations better automate, orchestrate and optimize all business processes

Nintex is pleased to announce it has acquired Promappa business process management software company which provides partners and customers new tools to better optimize business processes through a market leading visual process mapping solution. Promapp will help Nintex customers more effectively automate, orchestrate and optimize business processes across any organization from the back to the front-office, easily connecting people and integrating with the world’s leading business ecosystems and apps.

Promapp has become a leading business process management software company by helping more than 500 public and private sector organizations worldwide successfully map and manage their processes realizing process improvements through intuitive, powerful tools used by teams every day. Promapp’s cloud-based software makes it easy to create, navigate, share, and change business processes, continuously improving areas like risk management, quality assurance and business continuity.

“Our acquisition of Promapp creates tremendous opportunities for companies to visually map and better manage every business process,” says Nintex CEO Eric Johnson.” By bringing together the power of the Nintex Platform with Promapp, our customers and partners can easily design, deploy and manage their business processes and address process automation scenarios that have been difficult or expensive to solve.”

Headquartered in Auckland, New Zealand, Promapp was founded in 2002 by Ivan Seselj and is co-owned by Richard Holmes. Both Seselj and Holmes are process experts from global consulting firms. Businesses and government agencies leverage Promapp to empower teams to own their processes and to drive accountability for continuous process improvement. The technology’s simple navigation, dashboard, and process ownership features make it easy to use, with one-click process editing features requiring no training to get started.

Promapp Founder Ivan Seseljadds, “The Promapp team is excited to join Nintex as our process excellence culture and passion for customer success are perfectly aligned. We see great synergies with our solutions and an opportunity to help our mutual customers achieve continuous process improvements.” 

Promapp supports the development of smarter ways to work, while encouraging sharing of information by operational teams rather than limiting it to process analysts and technical specialists. The company, like Nintex, is fast-growing, profitable and an innovator in its field.

“I have long believed that business processes, like applications, need to be valued as a portfolio of assets. That means they need to be properly documented, designed and modified using lifecycle management techniques,” says 451 Research Principal Analyst Carl Lehmann. “The capabilities enabled by Promapp combined with workflow automation technology like that from Nintex should enable modern enterprises to do just that.”

Aragon Research VP and Fellow Jim Sinurand Aragon CEO Jim Lundy add, “It’s exciting to see two Aragon hot vendors, Nintex and Promapp, merge together to help organizations across the globe improve how they automate and manage business processes – capabilities necessary to becoming a fully digital business and maintaining competitive advantage.”

Nintex plans to maintain Promapp’s offices in Auckland, Austin, San Francisco and Sydney and will relocate the Promapp teams in Melbourne and London to Nintex’s offices in those cities. The company plans to integrate the technologies quickly and will accelerate enhancements of the Promapp solution to benefit the company’s rapidly growing customer base, which includes well-known brands such as Coca Cola, Johnson & Johnson, McDonald’s and Toyota.

Rising Star at KYOCERA Document Solutions Tapped as New President & CEO of the Americas

Citing record of ground-breaking innovation, current President Ikeda calls Oscar Sanchez “the right choice for the future.”

KYOCERA Document Solutions America, Inc. today announced that effective September 1, 2018, Oscar Sanchez will become its President & Chief Executive Officer. Mr. Sanchez will be transitioning from his current position as Executive Vice President of KYOCERA Document Solutions Europe. Current KYOCERA Document Solutions America President Yukio Ikeda will remain in the U.S., continuing in an executive role.

“Under Mr. Ikeda’s leadership, the Americas continued to experience strong growth,” said Norihiko Ina, President of KYOCERA Document Solutions Corporation. “As markets evolve, as our business grows in new ways, we must add new strengths. Mr. Sanchez offers a unique skill set within our company.”

Oscar Sanchez earned an International MBA in Marketing at the Instituto de Empresa during which he spent the final semester studying at the UCLA Anderson School of Management. He started at Kyocera in 1996 and by 2002 had risen to General Manager of KYOCERA Document Solutions Spain, delivering the highest revenue in the company’s history and increasing profits over 1,000%. Mr. Sanchez then took on the additional responsibilities for Business Development throughout Europe, eventually relocating to the Netherlands to head both the Corporate Sales Division and Marketing Division as Executive Vice President of KYOCERA Document Solutions Europe.

In Spain and throughout Europe, Mr. Sanchez is known to challenge the status quo, to continuously search for opportunities to innovate, and to deliver exceptional results in major strategic initiatives. “Oscar is a dynamic individual,” said Mr. Ikeda. “I look forward to working with him to build on the success we’ve had in the Americas.”

In the last 2½ years, Mr. Ikeda presided over major advancements, most notably the acquisition of DataBank IMX, North America’s leading end-to-end business process solutions provider. Ikeda invested heavily in support of the company’s independent dealer partners, rolling out the industry’s most advanced dealer portal, and dramatically increasing dealer adoption of KYOCERA Fleet Services, the company’s remote monitoring service. Usage in the U.S. has outpaced the rest of the world by a wide margin.

Mr. Sanchez understands that the road ahead is not fully paved. The Americas represent a number of rapidly expanding and rapidly changing markets, including the U.S., the world’s biggest market. Success in the years ahead will only result from further accelerating the pace of innovation.

“At each stage of my career, I’ve embraced the next challenge,” said Sanchez. “The Americas are our company’s biggest market, and therefore both our biggest challenge and biggest opportunity. The expectation is to do great things. That’s exactly what I plan to do.”

 

KYOCERA CONTINUES GROWTH IN DATA MANAGEMENT WITH ACQUISITION OF SOFTWARE PROVIDER ALOS

KYOCERA expanding their service offering with the acquisition of  a proven specialist in data management.

KYOCERA Document Solutions Europe has continued to build on their progress in the document management industry and is expanding their service offering with the acquisition of the German based company Alos GmbH – a proven specialist in data management.

KYOCERA has completed the purchase of Alos Solution, one of the leading system providers of capture and Enterprise Content Management solutions(ECM) in German-speaking countries. Alos possess over 100 employees based in Germany and Switzerland, providing solutions to several thousand customers across the globe.

Alos has more than 60 years of experience working with clients such as Kraft, BP, AT&T and Unilever. By capitalising on Alos’ key strengths of providing intelligent data acquisition solutions through automated workflows with legally compliant archiving processes, KYOCERA hopes to gain synergies from the investment alongside broader customer access.

The company will continue on an independent basis with a three-year integration process planned, reporting directly to KYOCERA Document Solutions Deutschland. The acquisition is yet the latest step in KYOCERA’s development in the realm of total document management, a key growth area for the company.

Takuya Marubayashi, President of KYOCERA Document Solutions Europe said, “As a company we are focused on driving forward the advancement of document solutions to meet our customers modern business needs, both physical and digital, to ensure safe, effective and high quality management of processes. Alos will form part of our approach in providing tailor-made, cost-effective solutions that will complement our range of quality products and services.”

“We are convinced that the merger will benefit our customers, partners and employees,” added Alos’ GmbH Vice President, Friedhelm Schnittker. “The comprehensive KYOCERA product range, paired with Alos’ scanning solutions, offers great potential. We look forward to working together to seize this opportunity for the benefit of all stakeholders.”

Alos perfectly completes the KYOCERA portfolio by strengthening areas such as data acquisition, Enterprise Content Management and Business Process Management by providing highly available and secure document output. The move helps KYOCERA to position itself as a complete solution provider and will elevate the organisation’s success in the market in recent years in an increasingly digital world.

 

Konica Minolta Expands Technology Ecosystem With FORZA ERP Consulting

MWA Acquisition Strategically Expands ERP Consulting Services

Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) continues to accelerate its business transformation with the acquisition of MWA Intelligence, Inc. (MWA) a leading provider in the Enterprise Resource Planning (ERP) space.  Based in Scottsdale, Arizona, MWA has over 20 years of experience in the office equipment industry and has pioneered the first ERP platform specifically designed to support the Imaging Channel. 

The FORZA ERP solution, built on SAP Business One (SAP B1), is a single integrated system that provides clear visibility and control over critical business operations encompassing Accounting and Finance, Sales and Customer Management, Inventory and Distribution, Purchasing and Operations, Service and Mobility and Reporting and Administration. The MWA team of professionals will join All Covered, the IT Services division of Konica Minolta.

“Part of our growth strategy is enabling our vision for the Workplace of the Future™ in the Imaging Channel,” said Rick Taylor, President and CEO of Konica Minolta. “The future is already here and our customers will consume products and services based on demand generation versus owned assets.  This new consumption model will require the flexibility of an ERP, such as FORZA, that can adapt with the changing market demands,” Taylor continued, “The acquisition of MWA is key for delivering Konica Minolta’s corporate ambition to provide ALL dealers in the Imaging Channel a true ERP platform to facilitate the future of work, regardless of the product lines they support. This acquisition will help accelerate the pace of change in the market.”  

MWA, an accredited SAP Business One Gold Partner, Reseller and Development organization, was awarded the SAP Innovation Partner of the Year Award.  The unique capabilities acquired will integrate with All Covered’s Business Consulting Services Practice to deliver unparalleled end-to-end project scoping, implementation and delivery.  

“Konica Minolta’s strategic vision and insight into the changing business demands to support the Workplace of the Future is paramount to success in the Imaging Channel.  The acquisition of MWA speaks volumes to Konica Minolta’s leadership position and desire to ready the Imaging Channel for the Internet of Things,” noted Luis Murguia, SVP, Global Customer and Partner Operations, SAP Business One and SAP Business ByDesign.  “We now have two distinguished brands, SAP and Konica Minolta, leading the Imaging Channel ERP change management required for continued innovation and customer satisfaction.”

Mike Stramaglio, President and CEO of MWA, said, “The team here at MWA is thrilled to be joining All Covered, Konica Minolta’s IT services division. The blending of IT expertise, SAP integration services and ERP knowledge from the two organizations will allow us to accelerate product development and customer deployment. The added resources and investment will enable the execution of our promise to deliver the ERP platform to the Imaging Channel that sets the new standard of excellence.”

With the acquisition of MWA, Konica Minolta expands its partnership with SAP to become an SAP Business One Original Equipment Manufacturer (OEM) and Master Value Added Reseller (MVAR).  SAP Business One is the most widely used ERP in the world with over 60,000 customers running their business on the platform.  SAP B1 integrates with hosted and cloud based enterprise software offerings such as Concur for expense management, Ariba for procurement management and Success Factors for human resource management. The latest version of SAP B1 runs the HANA in-memory database platform delivering real time access to speed data analysis and decision making capabilities for business.