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Top Image Systems and K2 Announce Strategic Partnership to Form Advanced Capture & BPM Offering

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Top Image Systems, Ltd
2 Habarzel Street
Tel Aviv, 69710
Israel



Press release date: June 2, 2014

K2 Logo2Tel Aviv/ New York, N.Y. , Bellevue, WA – Top Image Systems, Ltd. (NASDAQ:TISA), the world's most advanced capture and mobile imaging platform (MIP) provider and K2, a leader in business process application software, today announced a strategic partnership.

With ten new clients already using the solution powered by K2, this partnership has become very valuable to both companies.  The TIS smart process application built on K2 harnesses vast amounts of data entering mailrooms and other traditionally human and document-centric departments and transforms them into powerhouses that rapidly enable mission-critical business decisions.

"K2 is pleased to see enterprise class solutions combining leaders in capture and workflow/forms platforms,” said Dave Marcus, SVP, Alliances & Partners.  "These applications provide organizations the ability to manage end-to-end processes across systems and applications efficiently and effectively."

K2 offers a complete software platform for creating forms, automating enterprise business processes, building SharePoint workflows and integrating Microsoft-based business solutions into SAP and other line-of-business systems.  Combined with TIS' powerful eFLOW5 platform, joint customers are able to automatically process millions of documents per year with virtually no human intervention.  The solutions deliver information to the right people at the right time, with everything needed to make smart decisions.

"’Intelligent Capture meets BPM’ is one of the biggest trends in our industry. We are thrilled to have integrated K2 technology into eFLOW5 to deliver automated Digital Mailroom solutions for organizations across the globe," said Michael Schrader, Top Image Systems COO.  "After seeing success with our joint solutions in Asia-Pacific and EMEA, we are looking forward to expanding that success to North America."

The K2 and TIS technical teams have worked closely together to help integrate K2 technologies into the eFLOW5 platform.  TIS recently showcased its smart process applications, such as Accounts Payable and Digital Mailroom automation solutions, along with its mobile imaging applications, to over 450 K2 customers, partners and industry experts at the K2 User Conference.  The strategic plans now involve further co-marketing in North America and worldwide.

About K2

K2 software allows people to build and run business process applications, including forms, workflow, data and reports. Across enterprises and within departments, K2 customers are rapidly transforming their companies with applications that allocate work to the right people, with all the information they need to make great decisions.

With K2's visual tools, creating, launching and using the first K2 application is a snap. Reusable components ensure the next application delivers faster than the one before, and when the business needs change, it's easy to update your K2 apps to fit. More than a million users in 80-plus countries.


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