Captiva (NASDAQ:CPTV)
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From May 2019 to May 2024
Captiva Software Corporation (NASDAQ:CPTV), a leading
provider of input management solutions, today announced that Cendris,
a leading international business process outsourcer (BPO), has
expanded its use of Captiva's solutions in order to increase
efficiency and gain competitive advantage. Cendris' German subsidiary
has selected to implement InputAccel(R) and FormWare(R), Captiva's
award-winning document capture and forms processing software, to
replace its previous system to scan, index and capture information
from more than 200 million documents annually for its customers.
"Cendris's German subsidiary needed input management solutions
flexible enough to meet the constantly changing requirements of its
expanding customer base," said Daniel Vaniche, Captiva's Vice
President of Field Sales and Operations in Europe, Middle East and
Africa (EMEA). "In addition to the positive feedback it received from
its International offices utilizing our solutions, Cendris Germany
conducted a detailed evaluation and selection process. It chose
InputAccel and FormWare over other solutions on the market due to the
solutions' flexibility, scalability and open platforms."
"An important factor behind our selection was the solutions'
abilities to perform both centralized and decentralized capture,"
added Ingmar Bergman, Managing Director of Cendris Deutschland GmbH.
"As we support connections to all of our customers' applications, a
key competitive advantage for us is our ability to offer additional
decentralized scanning services to some of our larger, geographically
dispersed customers."
InputAccel transforms mission-critical data from paper and faxes
into business-ready digital content. FormWare manages
business-critical information from forms, documents and electronic
data streams into enterprise systems. By delivering accurate, timely
and usable data, InputAccel and FormWare offer users reduced
operational costs, improved information quality and accelerated
business processes.
About Cendris
Based in the Netherlands, Cendris is a business process
outsourcing partner specializing in document capture, processing and
delivery for companies throughout Europe. Its customers include large
financial service providers, telecom companies and major commercial
and industrial enterprises. Cendris has offices throughout the Benelux
countries, the United Kingdom, Germany and Central Europe, and employs
more than 4,000 people. As a subsidiary of the TNT Group, Cendris
draws on more than 20 years of experience to offer the highest
standard of quality and innovation for its customers. For more
information, visit www.cendris.com.
About Captiva
Captiva Software Corporation (NASDAQ: CPTV) is a leading provider
of input management software solutions. Since 1989, the company's
award-winning products have been used to manage business critical
information from paper, faxed and scanned forms and documents,
Internet forms and XML data streams into the enterprise in a more
accurate, timely and cost-effective manner. These products automate
the processing of billions of forms and documents annually, converting
their contents into information that is usable in database, document,
content and other information management systems. Captiva's technology
serves thousands of users in insurance, financial services,
government, business process outsourcing, manufacturing and other
markets. For more information, visit www.captivasoftware.com.
InputAccel and FormWare are registered trademarks of Captiva
Software Corporation. All other trademarks or registered trademarks
are the property of their respective owners.
This press release may contain forward-looking statements that
involve risks and uncertainties, as well as assumptions that, if they
prove incorrect, could cause our results to differ materially from
those expressed or implied by such forward-looking statements. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including, among
other things, any projections of the benefits of new products or
market trends, any projections of earnings or revenues (including
where the underlying contract has already been signed), or other
financial items; any statements of the plans, strategies, and
objectives of management for future operations; any statements
concerning proposed or new products, services or developments; any
statements regarding future economic conditions or performance; and
statements of belief and any statement of assumptions underlying any
of the foregoing. The risks, uncertainties and assumptions referred to
above include, among other things, performance of contracts by
customers and partners; employee management issues; the timely
development, production and acceptance of the Company's products and
services and their feature sets; the challenge of managing asset
levels, including inventory; the flow of products into third-party
distribution channels; and the difficulty of keeping expense growth at
modest levels while increasing revenues. These and other risks and
factors that could cause our results to differ from those expressed or
implied by such forward-looking statements are described in Captiva
Software Corporation's most recent annual report on Form 10-K and
quarterly reports on Form 10-Q, as well as other subsequent filings
with the Securities and Exchange Commission. We assume no obligation
and do not intend to update these forward-looking statements.