ECM Software offers collaboration and e-mail archiving.
Press Release Summary:
OnBase v5.0 Enterprise Content Management Software provides collaborative workspaces that employees can create to collectively work on documents. Collaborative interactions can be stored as part of audit trail of decision making to support compliance strategies. Working in conjunction with Microsoft® Exchange Journaling functionality, email archive captures and stores inbound and outbound emails and complements OnBase's existing records management capabilities.
Original Press Release:
Hyland Software Releases OnBase 5.0, Offers Preview to European Audience
Hyland Continues to Round Out Flagship Enterprise Content Management Suite With Collaboration and E-Mail Archiving Modules
CLEVELAND, Dec. 19 /-- Hyland Software, Inc., today announced the public release of OnBase 5.0(R), the latest version of the company's flagship Enterprise Content Management (ECM) software suite. OnBase 5.0 features new collaboration and e-mail archiving functionality, significant enhancements to its core electronic document management capabilities, as well as new vertical applications specifically tailored for healthcare providers and financial services institutions.
"OnBase 5.0 represents our ongoing commitment to build a complete -- and completely integrated -- suite of ECM applications," said A.J. Hyland, president and chief executive officer of Hyland Software. "The new modules and enhancements to our core capabilities are designed to address priority issues facing businesses and government agencies today, including giving knowledge workers practical, easy-to-use tools to control costs and sustain regulatory compliance without undermining their ability to create ongoing value for their customers and constituents."
Last month, Hyland Chief Technology Officer Miguel Zubizarreta offered a sneak preview of OnBase 5.0 to an audience of 60 OnBase European User Group members, comprised of OnBase customers and partners across Europe, at The Carlton Tower Hotel in London, England.
"Honda Finance Europe is reassured by the fact that, as the business climate changes on a seemingly daily basis, OnBase is adapting to these changes in a timely fashion," said Michael Brown, business analyst at Honda Finance Europe, a Hyland customer. "Meetings such as these confirm that Honda Finance Europe has purchased an enterprise document management solution that is continually evolving to meet business needs in an innovative and creative manner."
Hyland currently has more than 150 customers and 20 partners in European countries, such as the United Kingdom, Norway, Denmark, Germany, Italy, Sweden, France, Spain, Belgium, Finland and Ireland.
Collaboration and E-Mail Archiving Enhance Productivity, Add Muscle to Governance, Risk and Compliance Framework
OnBase 5.0 now provides collaborative workspaces that employees can create to collectively work on documents, including handling exceptions issues in a given workflow process. These collaborative interactions can be stored as part of an audit trail of decision making to support compliance strategies.
The addition of the OnBase E-mail Archive, which works in conjunction with Microsoft(R) Exchange Journaling functionality to capture and store all inbound and outbound e-mails, complements OnBase's existing records management capabilities and bolsters the ability of organizations to use OnBase as a framework for Governance, Risk and Compliance initiatives.
An Integrated Approach to ECM
"Business demands undoubtedly require a range of formerly separate content management capabilities, but the whole must be more than the sum of its parts," said AMR Research Director Jim Murphy in the July 2005 AMR Research report, The New Enterprise Content Management Imperative: Advancing Your Top Six Business Initiatives. "Companies need a unified way to create and maintain a single, reliable source of the truth for information, no matter what the destination, format, or delivery mechanism."
"Many competing ECM platforms largely consist of acquired and loosely coupled point solutions," said Zubizarreta. "In contrast, OnBase is a true suite of applications, combining document imaging, electronic document management, COLD/ERM, workflow, records management -- and now collaboration and e-mail archiving -- in a single application."
"This level of integration lowers total cost of ownership through rapid deployment and end-user adoption, reduced IT administrative overhead and minimal professional services as users adapt OnBase to meet changing business needs."
More than 5,300 organizations around the world use OnBase on a daily basis to create efficiencies and derive greater value from document-centric transaction processes, such as accounts payable, claims processing, mortgage lending, patient records management, permit processing, treasury management and Sarbanes-Oxley compliance.
About Hyland Software, Inc.
Hyland Software, Inc., established in 1991, is a leading provider of rapidly deployable enterprise content management software. Hyland develops OnBase, enterprise-class software that combines integrated document management, business process management and records management in a single application. OnBase allows organizations to manage digital content, including scanned paper documents, faxes, print streams, application files, electronic forms, web content, multi-media files and emails. OnBase is used by businesses and government agencies to reduce the time and cost of performing important business functions and address the need for regulatory compliance through the management, control and sharing of digital content with employees, business partners, customers and other constituencies. For more information about OnBase 5.0 and its 80+ modules, please visit www.onbase.com or contact an Authorized OnBase Solution Providers.
CONTACT: Alven Weil of Hyland Software, Inc., +1-440-788-5887, or alven.weil@onbase.com, or Bob Pitman of Hyland Software, Inc., UK, +44 (0) 118 902 6595, or bob.pitman@onbase.com
