Top Image Systems Ltd. Wins $855,000 Digital Mailroom (DMR) Project for Automated Document Processing & Workflow at Public Administration in Singapore
Top Image Systems, Ltd
2 Habarzel Street
Tel Aviv, 69710
Press release date: July 10, 2012
Tel Aviv / Cologne - Top Image Systems, Ltd. (NASDAQ: TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, announced today that the Company won an $855,000 project to deploy eFLOW® Digital Mailroom (DMR) at a public administration in Singapore. The solution will optimize and accelerate processing of all incoming documentation - free text and forms, paper and digital, estimated to reach a volume of tens of millions of documents annually.
The government agency, which serves and manages documentation for the entire population of Singapore, selected Top Image Systems for the project because the Company is familiar with the administration's business processes and understands their needs, as well as because of eFLOW's proven capability to manage unstructured documents. The project involves complex indexing and comprehension of unstructured documents written by people with different levels of command of the English language and from every walk of life.
The Digital Mailroom solution with its automated workflow will significantly improve the quality and speed with which the agency processes, audits and archives the 2-4 million forms and 8-16 million semi-structured and unstructured documents it receives each year, including letters, bills, statements of account, identity cards, etc. The Digital Mailroom system will fully automate indexing and improve workflow item creation, reducing manual work and improving classification to achieve document recognition rates of 90% for forms and 30% for semi-structured documents. The system is expected to go live in the first half of 2013.
"Top Image Systems is proud to have been chosen to continue its productive work for this governmental agency in Singapore," comments Alex Toh, VP TIS Asia-Pacific. "Both the agency itself and the IT consulting firm with whom they work have extremely high standards. We are pleased that this implementation offers a public demonstration of the technological and business value and high quality and performance of the eFLOW platform. We know that public institutions as well as private enterprises from all across Asia-Pacific look to Singapore to set the bar on the application of technological innovation; therefore we expect this project in Singapore to be the first of many similar projects across the region."
About Top Image Systems
Top Image Systems(TM) (TIS(TM)) 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. Visit the company's website at http://www.TopImageSystems.com for more information.