Category Archives: Software

This category contains all Posts from Portford’s Third Party Software Vendors.

DocuNECT Lifecycle Applications – Automating Document Data Extraction and Verification

DocuNECT manages the complete lifecycle of a document from capture through to retention and easily integrates with third-party document management systems. The lifecycle can be mapped to capture the documents, extract/review data from documents, present issues in a workflow and then release to your document management system.

This model can be applied to many different business scenarios, such as loan verification, accounts payable, human resource on-boarding and many more.

Templates and Enhanced Business Rules
  • Use business rules to classify documents into different categories, such invoice vendors or loan document types
  • Define document type specific business rules to automatically extract index values, or redact Personally Identifiable Information (PII)
  • Assign contextual rules. For example, if you receive an invoice from a vendor that is significantly greater than the historical average then flag it for review by an operator
Document Classification and Indexing Verification
  • Web-based review module to review automatic classification
  • Re-organize pages and documents within the module
  • Web-based indexing/verification visually indicates where business rules fell below the defined confidence threshold and requires review
Machine-Learning
  • Calculates business rule effectiveness by analyzing user intervention
  • Analyzes user intervention to recommend adjustments to business rules
  • Use document type history to adjust business rules
Process Management
  • Use business rules to review or approve data elements extracted from documents
  • Utilize user or role based work queues
  • Dashboard for monitoring progress
See a DocuNECT Lifecycle Application in Action

The following video shows an example of an Accounts Payable lifecycle application.

Support Extended for ApplicationXtender v7.0 Service Pack 1

OpenText is extending support of ApplicationXtender version 7 (SP1) to October 1, 2018 so that you have more time to evaluate the latest version of AX. For those that moved to version 8.0, please note that the end of support date is October 31, 2018.

We believe with this extra time you can review the first full release of ApplicationXtender under the OpenText branding -v16.3. It has a variety of new features: Web based scanning for zero install environments (browser client users), a new faster thumbnail preview, integrated text search and a new OCR engine that decreases processing time when compared to the performance of AX7.0. In fact, AX16.3 halves processing time for small documents and decreasing the time by 20% for files greater than 400 pages.

If you want more information about AX upgrades, please contact our support group.

ApplicationXtender v16.3 Generally Available December 15th 2017

We’re excited to announce ApplicationXtender 16.3 will be generally available on December 15th 2017.

First, let’s address the obvious question…Why did the version jump from 8.1 to 16.3??? Well, the answer is actually pretty simple. The current release for ALL OpenText products is release 16. ApplicationXtender has completely shifted all of its processes, technologies and management over to align with OpenText’s internal product and marketing.

OpenText is investing heavily in ApplicationXtender, and all of the products from the ECD acquisition. ApplicationXtender’s multi-year road map and strategy is exciting and fully endorsed by OpenText’s leadership.

The goal of this release is ease of use and a view towards an information management platform rather than just a bucket for content.

Web Access Features

This release is focused on ensuring that ApplicationXtender is a modern multi-platform experience. Web access is now the first choice of customers and AX 16.3 has expanded the features that are browser first.

applicationxtender16

Full feature, responsive mobile experience that includes:

  • Ability to “Pan” the image within the viewer
  • Multi-touch support so that users can take advantage of not only tablets but touchscreen monitors.
  • Navigate page by flicker, zoom in/out by pinch with two fingers, switch viewer to full-screen mode, hide/show application list and thumbnails, draw/move/delete annotations, pan page images.

In addition to the new touch and mobile-focused features there are also some basic upgrades that are part of this release:

    • Higher quality thumbnail rendering
    • Ability to save layout of pages as new version (when rotating/adjusting pages)
    • Hot-keys to move to next/previous document or next/previous page
    • Ad-hoc text searches:
      • From the result set, users can select multiple items and search within them
      • From the document view, users can perform a search of all pages within the document

As many of ApplicationXtender customers have made strategic decisions to reduce their IT footprint due to the evolving cloud technologies and a greater alignment of information management with business users. With that in mind, ApplicationXtender is now even easier to maintain:

    • Eased system management including:
      • Storage management- logical way to choose the location of actual files
      • Support for member pagination in admin group setting
    • Support for Single Sign-On for Active Directory users
    • Greater focus on information security
      • Support TLS 1.2 (AX-6236, WX-9625)
      • Expanded AES encryption includes Encrypt256 by default but with additional options

People love ApplicationXtender because it aligns with their work processes rather in a simple, flexible way. So, with a focus on practical usability, the following features have been added.

  • Contextual Landing Pages
    • Initial Login Landing page is different for each user, administrative users see global elements whereas users see specific elements to their security
        • Recently viewed documents
        • Documents currently checked out
    • Application Landing Page is focused on getting people back to where they left off
          • Application Name and Description
          • New documents for application
          • Saved searches

      applicationxtender16

Further on the point of practical usability, the scanning tools have been expanded to add robust web-based scanning

  • Single and batch document scanning directly into ApplicationXtender without add-ons
  • Moved scanning, printing and export to back-end tasks so as not to interrupt actual work
  • Scanning interface has out-of-the-box connector for the Captiva Cloud Capture Toolkit

    applicationxtender16

OpenText Liquid Office Webinar

This article provides a link to the OpenText Liquid Office webinar held on 12/05/2017.

Agenda

This webinar contains the latest information about the DocuNECT v5 product suite and has the following agenda:

  1. Liquid Office Overview
  2. Automating Electronic Forms
  3. Demonstration

 

Recorded Webinar

Kofax Capture 11.0.0 Released

For details regarding the new features which can be found in the Kofax Capture 11.0.0 (11.0, initial release) product release documentation. In additional to resolved known issues, the following enhancements have been made:

New Features

  • Administrative and Login Audits
  • Separate Database for User Tracking Information
  • Batch Class Versioing
  • Security Enhancements
  • Improved Usability

Kofax: Dramatically Reduce the Time and Complexity of Onboarding New Customers

Onboarding is perhaps the most critical process in the client lifecycle, as it sets the stage for the rest of your relationship with your customer—and can even determine whether a relationship begins at all.

Today’s customers increasingly compare your onboarding experience with those of popular online retail and entertainment platforms. And when you consider that since 2010, smartphone usage has surged by almost 400% and tablet usage has risen 1700%, it is not surprising that your customers expect to connect with you anytime, anywhere, and through a multitude of channels and devices.

Kofax Onboarding Agility™ makes becoming your customer easier. As a framework, it provides a model for on=boarding customers using the many facilities of the powerful TotalAgility platform. The framework provides a unique combination of mobile access, omnichannel document capture/extraction, workflow automation and optimization, integration capabilities and analytics—across all channels and throughout the entire onboarding process. Employ automation that empowers users with self-service capabilities, thereby freeing knowledge workers to focus on more essential tasks and enhancing customer engagement and satisfaction.

Kofax Tech Refresh Webinar

This article provides a link to the Kofax Tech Refresh webinar held on 09/20/2017.

Agenda

This webinar contains the latest information about the Kofax product suite and has the following agenda:

  1. Kofax Capture – Tech Refresh
  2. Kofax KTM – Tech Refresh
  3. Introducing Kapow

Recorded Webinar

ApplicationXtender Tech Refresh Webinar

This article provides a link to the ApplicationXtender Tech Refresh webinar held on 08/16/2017.

Agenda

This webinar contains the latest information about the ApplicationXtender product suite and has the following agenda:

  1. Overview of AX v8.1 SP1.
  2. Automate Business Process with Workflow.
  3. Extend the Capabilities of AX with DocuNECT.

Recorded Webinar

Thoma Bravo to Acquire Lexmark’s Enterprise Software Business

San Francisco, CA – May 3, 2017 – Thoma Bravo, a leading private equity firm, today announced it has entered into a definitive agreement with Lexmark International Inc., a global imaging leader, to acquire Lexmark’s Enterprise Software business, which is made up of three primary businesses: Kofax, ReadSoft and Perceptive Software. The closing of the transaction is subject to usual and customary closing conditions and regulatory approvals, and is expected to occur in the third quarter of 2017. Apex Technology Co Ltd, PAG Asia Capital and Legend Capital Management Co, LTD, who acquired Lexmark in November of 2016, support the sale of the Enterprise Software business.

Upon closing of the transaction, the Perceptive Software business, including Perceptive Intelligent Capture, Acuo VNA, PACSGEAR and Enterprise Medical Image Viewing will be sold to Hyland Software, Inc., an existing Thoma Bravo portfolio company and leading provider of enterprise content management software led by President and CEO Bill Priemer. The Kofax and ReadSoft businesses will create a single, newly independent Thoma Bravo portfolio company under the Kofax brand, and will be led by Reynolds C. Bish, current president of Lexmark Enterprise Software.

“We’re incredibly excited to be acquiring the Lexmark Enterprise Software business as it contains some of the most advanced digital transformation technologies in the industry. The Perceptive Software business is highly complementary to Hyland, providing innovative technologies and vertical expertise,” said Seth Boro, a managing partner at Thoma Bravo. “We’re equally thrilled to partner with Reynolds and his management team under the Kofax brand as a new Thoma Bravo portfolio company. Their vision to digitally transform and simplify initial customer interactions with businesses, or what they term the “First Mile”, represents an exciting opportunity across all industries.”

“We have long admired the people and technology of Perceptive Software and are thrilled to welcome them into the Hyland family,” said Priemer. “The combination of our content services portfolios will provide tremendous benefit to our current and future customers and partners.”

“Thoma Bravo has an incredible track record of success building and growing software companies,” said Bish. “Their unparalleled industry expertise and operational excellence make them the ideal partner for this new venture.”

Lazard is serving as financial advisor, and Dechert LLP is serving as legal counsel to Lexmark International. Credit Suisse and Goldman, Sachs & Co. are serving as financial advisors, and Kirkland & Ellis LLP is serving as legal counsel to Thoma Bravo and Hyland. Financing for the transaction is being provided by Credit Suisse, Goldman, Sachs & Co. and UBS Investment Bank.

About Thoma Bravo

Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than $17 billion in capital commitments, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as Blue Coat Systems, Deltek, Digital Insight, Global Healthcare Exchange, Hyland Software, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems and TravelClick. The firm has offices in San Francisco and Chicago. For more information, visit www.thomabravo.com.

About Hyland

Hyland is a leading provider of software solutions for managing content, processes and cases for organizations across the globe. For over 25 years, Hyland has enabled more than 15,500 organizations to digitalize their workplaces and fundamentally transform their operations. Named one of Fortune’s Best Companies to Work For® since 2014, Hyland is widely known as both a great company to work for and a great company to do business with. For more information, please visit Hyland.com.

About Lexmark International, Inc.

Lexmark creates innovative imaging solutions and technologies that help customers worldwide print, secure and manage information with ease, efficiency and unmatched value. Open the possibilities at www.Lexmark.com.