Kofax Information Capture Technology Key in Securing Deal With the Largest Retailer in Europe

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Kofax, the worlds largest information capture vendor, today announced that its parent company, DICOM Group plc (DICOM Group), has signed a three-year technology agreement with The Carrefour Group, the largest retailer in Europe and the second largest in the world, to provide Kofaxs information capture technology to help process tens of millions of invoices that the company receives each year from its suppliers. As part of the agreement, DICOM has begun implementing Kofax Ascent for Invoices, an accounts payable (AP) solution, across Carrefour locations in more than 20 countries on three continents (Europe, Asia, and South America).

The first successful Carrefour deployment of Ascent for Invoices, a joint installation completed in tandem with DICOM partner ARCO Information NV/SA, has been completed in Belgium. The Ascent for Invoices system will help process millions of invoices each year from the thousands of suppliers from which Carrefour purchases its products. Invoice data captured by Ascent for Invoices will be loaded into a Carrefour proprietary invoice-matching system and migrated to a PeopleSoft ERP (enterprise resource planning) system. In a few geographies where scanning must be performed at remote offices, DICOM will implement the Ascent Capture Internet Server (ACIS) to capture and transport documents and data from Carrefours remote offices directly into a central Ascent system.

The sheer scope of this deal represents a landmark achievement for both DICOM and Kofax and illustrates a true multi-national, enterprise-scale implementation of our technology. Carrefours decision to partner with us showcases our unmatched worldwide capabilities in the information capture market and is a great testament to the strength of our invoice capture technology in complex, high-volume environments, said Rick Murphy, president and CEO at Kofax. Ascents remote capture capabilities are a competitive differentiator and enable us to address Carrefours specific requirements for a capture solution that enables its remote offices to achieve time or cost efficiencies. Through Ascent, we can offer Carrefour a fully scalable invoice-processing solution that meets the dynamic capture needs of its retail locations around the world.

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