Asia Pacific Based Leading Check Outsourcing Service Bureau SelectsTIS' eFLOW for Check Processing
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Top Image Systems, Ltd
2 Habarzel Street
Tel Aviv, 69710
Press release date: August 24, 2010
Tel Aviv, Israel - Top Image Systems, Ltd. (NASDAQ: TISA; TASE: TISA), the leading ECM (Enterprise Content Management) innovator of intelligent document recognition, announced today that a leading check outsourcing service bureau in Asia Pacific has selected TIS' eFLOW version 4.5 for check processing. The company is an established clearing and payment solutions and services provider for the banking and finance industry.
The company utilizes TIS' eFLOW Unified Content Platform(TM) version 4.5 to automate the data extraction of Legal Amount Read (LAR) and Courtesy Amount Read (CAR) amounts, and deposit account number for its outward check clearing services, given to its bank customers. eFLOW is also used for additional value added services of inward check processing, such as technical verifications of CAR and LAR and potential fraudulent alterations through file matching.
TIS' eFLOW enables the check outsourcing service bureau to fully leverage its workflow. The use of eFLOW results in more efficient and cost effective processes, reduced labor costs, and improved customer service levels.
"We are glad to have this leading check outsourcing service bureau choose the latest version of our eFLOW platform," said Alex Toh, Director Manager, TIS Asia Pacific Pte. "This win further establishes our leadership in the banking market and once more validates eFLOW's technological superiority."
About Top Image Systems
Top Image Systems 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 the content to applications that drive the organization. TIS' eFLOW Unified Content Platform is a common platform for the company's solutions. TIS markets its platform in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers as well as strategic partners. Visit the company's website www.TopImageSystems.com for more information.
Director of Corporate Marketing and Investor Relations
+972 3 767 9115