EL PASO, Texas, NORCROSS, Ga. and NEW YORK, Sept. 27, 2012 (GLOBE NEWSWIRE) -- DATAMARK, Inc., TransCentra and Top Image Systems, Ltd. (Nasdaq:TISA) today announced a strategic partnership agreement to offer eFLOW®, a high performance end-to-end Enterprise Content Management (ECM) solution, to DATAMARK customers.
eFLOW, an award-winning ECM solution, helps companies bridge the paper-to-electronic gap by capturing, classifying and validating business-critical data from multiple incoming document formats. The platform, which is available now to DATAMARK customers, can be configured for digital mailroom, purchase-to-payment, sales and purchase orders, and forms classification, leveraging eFLOW's modular architecture. TransCentra, a certified Top Image Systems (TIS) value-added reseller in the United States, is providing implementation, advisory and technical support to DATAMARK's customers as part of the agreement.
"We tested many Enterprise Content Management solutions and determined that the eFLOW platform and solution suite provide the best results in terms of efficiency, accuracy, quality and value," said Max Aguilar, director of Technology and Software Development for DATAMARK. "We are pleased to enter this strategic partnership with the team at TransCentra, who will provide product support, as we implement the eFLOW solution in a variety of our clients' business processes."
"Companies today can easily become overwhelmed by the inefficiencies of a traditional, paper-based business workflow, especially at the large-enterprise, Fortune 500 level," said Lynn Boggs, CEO, TransCentra. "eFLOW enables those companies to target their most urgent document and data-capture problems then expand the solution through the enterprise by adding new eFLOW modules. Our support teams are poised to help DATAMARK customers realize these process improvements."
"We are excited about ramping up our eFLOW and mobile capture sales activity in the US," said Omri Gelb, EVP and GM for TIS North America. "We are proud that eFLOW has been selected by DATAMARK and implemented by TransCentra as their preferred end-to-end ECM solution. By combining TIS products with our partners' excellent services, together we bring an unmatched offering to the market and expect to announce new projects before the end of 2012. We are confident that the DATAMARK customer base will realize substantial value by adopting eFLOW to improve business process efficiency and reduce operational costs."
About DATAMARK:
DATAMARK, Inc. is a leading provider of digital mailroom management, data entry, document processing and business process re-engineering solutions for Fortune 500 companies, government agencies and other large organizations. Founded in 1989, our company is the strategic business process outsourcing partner for Top 10 companies across several industry sectors, including insurance, banking and financial services, healthcare, and transportation and logistics. With onshore, nearshore and offshore centers, DATAMARK delivers process optimization, technology and Enterprise Content Management solutions to help organizations achieve efficiency and profitability in all back-office business functions.
For more information, visit www.datamark.net.
About TransCentra:
Norcross, Ga.-based TransCentra is America's largest outsourced remittance processor, one of the largest outsourced billers and a top provider of imaging and payment processing platforms and software. An industry leader in innovative multichannel billing and payment solutions, TransCentra is trusted by many of the largest and most recognized names in both the consumer and business-to-business markets across a variety of industries, including financial services, insurance, healthcare, utilities and telecommunications. For more information, visit www.transcentra.com or call 1-866-747-2877.
About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for managing and validating content entering organizations from various sources. Whether originating from mobile, electronic, paper or other sources, TIS solutions deliver content across enterprise applications. TIS' eFLOW Platform is a common platform for the company's solutions which is marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners.
For more information, visit www.topimagesystems.com.
The Top Image Systems logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4212
Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.