SoftCo combines SoftCo Cloud with ABBYY FlexiCapture Data Capture to Enable Providers to Extend their Services

Dublin, Ireland and Theale, UK (28 June 2012) – SoftCo, a global developer of business process automation (BPA) and document management solutions, and ABBYY UK Ltd. today announced that Softco will offer enterprise data capture and cloud-based document management specifically for Business Process Outsourcers (BPOs).  The offering will combine SoftCo Cloud, which is based on SoftCo R8 technology, with ABBYY FlexiCapture, an intelligent data capture solution from ABBYY®, a leading provider of document recognition, data capture, and linguistic technologies and services. This combination of technologies will enable BPOs to expand their solution offerings and to provide enterprise grade data capture and document management to their customers via the Cloud.

“We are seeing BPOs coming under increasing pressure to generate new revenue streams and retain existing customers,” says Ted Laverty, Marketing Director, SoftCo. “For many, the provision of new solutions that deliver significant value to customers is vital for maintaining their bottom line. The combination of solutions from ABBYY and SoftCo provides a strong vehicle for BPOs to achieve this, providing them with their own white label enterprise grade document management platform in the Cloud.”

ABBYY FlexiCapture serves as a document classification and data extraction front-end that pulls key information from almost any type of business document, including invoices, purchase orders, forms and applications, and feeds the data onto SoftCo Cloud. SoftCo Cloud for BPOs provides service providers with a white-label document management solution via the Cloud that is already used by over 900 enterprise customers globally for both simple and complex business process challenges. SoftCo Cloud for BPOs is not only designed to meet the most stringent regulatory and compliance standards, but is supported by SoftCo’s 24/7 business support team.

“We are pleased to support SoftCo in their efforts to bring greater value to BPOs and help them extend their services offerings,” states Ed MacArthur, Head of Sales, ABBYY UK Ltd.  “ABBYY FlexiCapture is a perfect fit for BPOs due to its unrivalled document classification technologies and powerful scalability that enable service providers to offer powerful end-to-end business solutions that increase their clients’ efficiency and improve their bottom lines.”

Please go to www.softco.com/bpo or www.abbyyeu.com/softco-bpo for more information