Kofax Share Discussion Threads

[bluebelle] 02/2/2012 16:03

Yes, I agree. I could never work out why this was so heavily oversold - since I bought there's been a steady stream of positive newsflow and the fundamentals look sound. Still on a very low PEG also.

[cockneyrebel] 02/2/2012 15:52

Some large trades moving this today Bluebelle - chart looking lovely :-)

CR

[bluebelle] 24/1/2012 09:12

Kofax (LSE:KFX)
Intraday Stock Chart
Today : Tuesday 24 January 2012
Kofax plc (LSE: KFX), a leading provider of capture enabled business process management (BPM) solutions, today announced that Spectrum Health, a leading not-for-profit healthcare provider system based in Grand Rapids, Michigan, has selected Kofax for its enterprise capture solution. The value of the contract to Kofax exceeds $300,000.

Spectrum Health provides healthcare services through a system of nine hospitals, two physician groups and a member health plan. It will be implementing Kofax Capture, Kofax Transformation Modules and Kofax Monitor to automate the processing of over 600,000 medical claims, human resources forms and accounts payable related documents annually. The combined solution will capture and process documents as diverse as more than 200 human resources department types and patient medical charts of up to 2,000 pages each. The documents will be routed to the customer's Hyland OnBase repository for easy access by employees. As a result, Spectrum Health will lower costs, reduce manual tasks and improve efficiencies.

"Healthcare providers contend with the seemingly conflicting goals of cutting costs while simultaneously improving the quality of care," said Alan Kerr, Executive Vice President of Field Operations at Kofax. "By minimizing paper based processes through automation, organizations can reduce the time and effort associated with manual tasks to reduce costs and at the same time increase responsiveness to their patients."

Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.

Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.

Kofax Monitor provides real time monitoring and performance capabilities to ensure the operational health of Kofax Capture, and intelligent recognition and communication systems. It monitors the system's components, including scanners supporting Kofax VRS, and its business service viability, providing real time access to operational information so immediate corrective action is taken.

[cockneyrebel] 18/1/2012 12:54

trading update Feb 13 last year.

CR

[cockneyrebel] 16/1/2012 11:20

Huge volume on Friday

CR

[essentialinvestor] 28/12/2011 09:02

markt that is a fair summary imv,
and online is increasing rapidly.

[markt] 26/12/2011 14:14

Any views on the long term possibilities and risks for Kofax ?

On the one hand there are many companies and coutnries that still use a lot of paperwork.....that would benefit from use of Kofax systems to scan it and automate processing of it....

while

on the other hand...
there is a fast introduction of paperless systems...
such as parking tickets via hand held electronic units
or radar systems that link to systems that also post out the bill to that car...

and ipads, apps, internet. on-line flight reservations, on-line hotel reservations, on-line holiday reservations, on-line dating, on-line food/shopping ordering......that does not need any paperwork

[bluebelle] 14/12/2011 09:33

Kofax (LSE:KFX)
Intraday Stock Chart
Today : Wednesday 14 December 2011
Kofax plc (LSE: KFX), a leading provider of capture enabled business process management (BPM) solutions, today announced it will provide a U.S. government research institution with an invoice processing solution. The value of the contract to Kofax exceeds $250,000.

The customer, a multidisciplinary research institution engaged in strategic science for national security purposes, will implement Kofax Capture, Kofax MarkView for Accounts Payable and Kofax VRS Elite to automate processing of the 70,000 invoices it receives annually. The Kofax solution will enable the customer to route data from each invoice to its Oracle EBS application for easy access by employees, resulting in improved efficiency in invoice receipt, approval and payment.

"MarkView for Accounts Payable offers an integrated end-to-end solution that provides customers with increased processing speeds, improved control and real time performance management, ultimately increasing efficiency across the AP lifecycle to deliver a proven, rapid payback," said Alan Kerr, Executive Vice President of Field Operations at Kofax.

Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.

MarkView for Accounts Payable is a comprehensive, capture enabled financial process automation application for accounts payable and other functions. It automates the receipt and capture of paper and electronic invoices, performs data extraction and perfection, and manages workflows for routing transactions through exception handling and approval processes, significantly reducing cycle times and costs while optimizing process control and cash flow management.

Kofax VirtualReScan (VRS) Elite is Kofax's patented image enhancement and perfection software. Kofax VRS Elite reduces the time involved in manual document preparation and enhances the quality of scanned images, dramatically improving both manual scanning productivity and the efficiency of document capture processes. High quality images are critical as they can significantly impact the success of downstream data extraction and retrieval needs.

[bluebelle] 08/12/2011 09:27

Kofax plc (LSE: KFX), a leading provider of capture enabled business process automation solutions, today announced a U.S. county social services agency will expand its Kofax Capture solution. The value of the contract to Kofax exceeds $600,000.

The customer is responsible for the planning, development and execution of assistance programs for the county. It will expand its existing Kofax Capture solution to include Kofax Transformation Modules to capture and process approximately 20 million benefit applications, birth certificates, proof of employment forms and other human assistance aid related documents it receives annually. The customer will use the Kofax solution to capture, classify and extract information required for the revenue approval and dispersal process and then route the resulting images and content to a FileNet repository. The customer will reduce the costs associated with manual tasks and improve efficiency and increase its responsiveness to constituents.

"By using Kofax solutions to initiate and automate business processes, government agencies are streamlining operations and improving the level of service provided to their constituencies," said Alan Kerr, Executive Vice President of Field Operations at Kofax.

Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.

Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.

[essentialinvestor] 08/11/2011 17:10

Martin - It may raise questions about strategy imv.
My understanding is that KFX put major focus on implementing a direct sales
strategy to run along side re-sellers.

How strong is their product offering?, it's a global company and we are
not in a global recession - far from it.
Why do KFX appear to have been hit so hard?, surely trading conditions
could get considerably tougher than this..

[gnnmartin] 03/11/2011 16:23

It does rather. I asked after this at the AGM, but did not really get anything other than they had geared up for new business. I came away from the AGM a bit discouraged, or rather, I was discouraged by the RNS and the AGM did not mitigate my discouragement.

I had been thinking these had fallen enough to be interesting again.
Nigel Martin

[essentialinvestor] 03/11/2011 09:01

Anyone following the contract newsflow, or lack of it,
should not be too suprised by today's IMS in my view -
having said that the margin decline looks jaw dropping.

[gnnmartin] 18/10/2011 10:50

That's the same day as the AGM.
Nigel Martin

[jac1104] 18/10/2011 09:07

NOTICE OF IMS



Kofax to announce Financial Results for the

first quarter of its fiscal year 2012 on november 3, 2011



IRVINE, CA, OCTOBER 18, 2011 -- Kofax plc (LSE: KFX), a leading provider of capture driven business process automation solutions, today announced it will publish its financial results for the first quarter of its fiscal year 2012 ended September 30, 2011 at 7:00 am GMT on Thursday, November 3, 2011.



Chief Executive Officer Reynolds C. Bish and Chief Financial Officer Jamie Arnold will review the results and conduct a question and answer session via teleconference at 8:00 am GMT on Thursday, November 3, 2011.

[gnnmartin] 29/9/2011 15:29

Thanks for posting that, jac.

[jac1104] 28/9/2011 12:46

September 27, 2011 04:00 AM Eastern Daylight Time
Basware Extends Use of Kofax Software

Expansion Will Automate the Processing of 60 Million Invoices Annually via a BPO Service

IRVINE, Calif.--(BUSINESS WIRE)--Kofax plc (LSE:KFX), a leading provider of capture driven business process automation solutions, today announced that Basware, a leading provider of purchase-to-pay solutions, will extend its use of Kofax software to automate the processing of 60 million invoices annually via a business process outsourcing (BPO) service. The value of the contract to Kofax exceeds $1 million.

"Kofax solutions reduce errors, increase processing speed and improve decision making to deliver a measurable ROI."

Basware, who helps leading organizations around the globe to automate their financial processes, will implement Kofax Capture, Kofax Transformation Modules and Kofax VirtualReScan (VRS) Elite to scan, classify and extract critical business content from each invoice and route the resulting digital images and data to a proprietary repository for easy access by employees, reducing manual tasks and latency between invoice receipt, approval and payment.

"Large enterprises managing a high amount of invoices on an annual basis clearly recognize the value of using capture driven business process automation to streamline invoice processing," said Alan Kerr, Executive Vice President of Field Operations at Kofax. "Kofax solutions reduce errors, increase processing speed and improve decision making to deliver a measurable ROI."

Kofax Capture provides industry leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications. This can significantly reduce retrieval costs while improving regulatory and compliance efforts. Kofax Capture is flexible and scalable, enabling customers to define where and how images are captured and indexed, whether in a home office, remote branch or back office data center.

Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture to drive robust capture-to-process applications. By automating what were previously labor intensive, error prone and time consuming tasks, Kofax Transformation Modules can significantly reduce labor costs, improve information quality and accelerate business processes.

Kofax VirtualReScan (VRS) Elite is Kofax's patented image enhancement and perfection software. Kofax VRS Elite reduces the time involved in manual document preparation and enhances the quality of scanned images, dramatically improving both manual scanning productivity and the efficiency of document capture processes. High quality images are critical as they can significantly impact the success of downstream data extraction and retrieval needs.

[gnnmartin] 08/9/2011 23:18

More impressive director buying.

[gnnmartin] 05/9/2011 15:46

Harrogate, I'm buying a few at this level, but on not much more than gut feel. They've come up a long way over the last 3 years, so there is reason to be cautious. However, the view the company gave out over the webcast today was that the time taken to close a deal is lengthening, but the pipeline is still improving in both quantity and quality, and they reckon that will cause only a temporary slowing of growth. Once the lead time ceases to grow, growth will return to earlier levels, and future growth will be more firmly assured by virtue of the longer and stronger pipeline of impending deals.

Of course, this is the sort of story one usually hears when a growth company starts to go ex-growth, but I hope (and expect) that is not the case here.
Nigel Martin

[essentialinvestor] 05/9/2011 14:48

They came with $26 pre tax, so as I thought it looks like those
estimates were in $ not £.
The consensus estimate appears to have been 28 million.

[harrogate] 05/9/2011 13:29

Hi

It is at least 7 years since I held these but just stated looking again.If you strip out cash they seem now to be valued at about 50% of sales is that right and has anyone done any research in how that compares to the US competitors? It just seems cheap in a digital world for a world class company and I would have thought it could be bought out if the share price stays down here. But I would welcome thoughts from people who follow it closely Thanks

[mrs robinson] 05/9/2011 13:27

L2 looks to be firming

[boadicea] 25/8/2011 09:48

Does Tuesday's RNS imply an acquisition is imminent?

[gerdmuller] 09/8/2011 10:46

At times like this I always console myself with the thought that I might be crazy buying in this market but not as crazy as the people who were buying at £5 a few weeks ago.

[gerdmuller] 09/8/2011 10:36

Bought a few today. Any further falls could tempt me more.