Printer Friendly
The Free Library
14,574,623 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Frost & Sullivan Lauds SOFTPRO for Achieving Outstanding Customer Satisfaction With Its Pioneering Dynamic Signature Verification Solutions.


PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif. -- Based on its recent analysis of the dynamic signature verification market, Frost & Sullivan recognizes SOFTPRO GmbH with the 2007 Frost & Sullivan Customer Service Leadership Award for excelling in serving its customers and gaining superior customer satisfaction levels.

The company's "Fraud Prevention Solutions" portfolio made up of the SignPlus product family (branded as FraudOne in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ) provides a holistic approach holistic approach A term used in alternative health for a philosophical approach to health care, in which the entire Pt is evaluated and treated. See Alternative medicine, Holistic medicine.  to detecting and preventing fraud in paper-based processes such as payment transactions, as well as increasing operational efficiency using signature management and verification solutions.

"SOFTPRO is currently the only company, whose products fit perfectly, even in the most complex processing environment," says Frost & Sullivan Research Analyst Neelima Sagar Sagar (sä`gər), city (1991 pop. 257,119), Madhya Pradesh state, central India. Sagar is a regional market for wheat, cotton, and oilseed. Such industries as sawmilling, oil, and flour milling are important. . "SOFTPRO's SignPlus system is recognized for its high level of security, consistency, ease of use, and strong level of user acceptance due to its non-invasive authentication process."

SignPlus products provide several advantages over competing products. They drastically reduce the total cost of ownership through the use of a unique and innovative centralized architecture reducing the number of silo solutions required to fight fraud and reaping a return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) within two years or less of its installation. SOFTPRO solutions support signature capturing and verification in hybrid environments where paper is phased out from processes step by step.

The suite successfully combats fraud by minimizing the chance of human error. It uses a unique combo-verification technique combining both the static and dynamic characteristics of a signature. Unlike other similar products, the SOFTPRO method has the advantage that it does not require the capture of dynamic references to start using the products effectively. SignPlus also authenticates a signer within seconds making it an effective tool for authentication and fraud prevention. The major product modules of the SignPlus suite for dynamic signature capturing and verification are SignDoc([R]) - the e-signing solution for paperless documents - and SignWare([R]) - the software development kit which allows capturing and verifying dynamic signatures in a wide array of third-party solutions.

"Product quality, reliability, durability, and availability are some of the factors SOFTPRO has excelled in to achieve superior customer satisfaction levels," notes Sagar. "The company's dynamic signature verification products are being deployed in various sectors such as financial, healthcare, retail, education, and government sectors for high security thus complementing their static verification products which have become a de-facto standard in the financial industry."

SOFTPRO's ability to innovate is primarily a result of intense discussions with its prospects and customers to clearly address their needs and collaborate in sustainable partnerships with other industry leaders. Thus the company is also responsible for setting the milestones in trustworthy signature capturing hardware. The latest example for a successful partnership is due to be launched in the U.S. soon. Together with the leading specialist for stylus-based tablets - Wacom - SOFTPRO launches the SignPad, which has already received an award for innovation at Europe's leading show for enterprise content management, "DMS (1) (Document Management System) See document management.

(2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense.
," some days ago.

Further, SOFTPRO offers excellent advanced technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  to customers for its products. The company provides customers with a dedicated support manager who is involved in the entire integration process. The company guarantees compatibility of its products with the current standards of the signature verification biometrics industry by maintaining a high degree of flexibility and accuracy.

Overall, SOFTPRO has demonstrated deep technical expertise, vertical domain experience and strict adherence to stringent quality and security standards. The high quality and cost-effective services provided by its superior engineering talent offers its customers higher ROI as well as reliable and long-standing client-vendor partnerships.

As is evident from its strategies and commitment, customer satisfaction is SOFTPRO's distinct, present and future goal. The unique customer service strategies followed by the company have resulted in increased interaction with customers, easy and improved response to customer queries and immediate attention to customer needs.

Each year Frost & Sullivan presents this award to the company that has demonstrated excellence in customer service leadership within the industry. The award recognizes tremendous responsiveness to customer needs and continual focus on long- and short-term customer profitability Customer profitability (CP) is the difference between the revenues earned from and the costs associated with the customer relationship in a specified period.

According to Philip Kotler,"a profitable customer is a person,household or a company that overtime,yields a revenue
 goals. In addition, it highlights demonstrated flexibility in tailoring product offerings to suit customer businesses.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About SOFTPRO GmbH

The SOFTPRO Group is the worldwide leading vendor of systems for capture and verification of handwritten hand·write  
tr.v. hand·wrote , hand·writ·ten , hand·writ·ing, hand·writes
To write by hand.



[Back-formation from handwritten.]

Adj. 1.
 signatures. The company is based in Boeblingen, Germany with local subsidiaries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  (Wilmington, Delaware Wilmington is the largest city in the state of Delaware and is located at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. ), the United Kingdom, and Asia-Pacific (Singapore). The group currently employs an international staff of over 60 people, enabling more than 200 companies worldwide to streamline their document and transaction workflows.

With its Biometric product line, SOFTPRO provides solutions for securing the authenticity and integrity of documents within electronic processes, such as those required for legal contracts. For this purpose, a unique signature technology is used to extract and evaluate both the static and dynamic (biometric) characteristics of handwritten signatures. SOFTPRO's "Fraud Prevention Solutions" portfolio provides a holistic approach to detecting and preventing fraud in paper-based processes (such as payment transactions), as well as increasing operational efficiency using signature management and verification solutions.

Among SOFTPRO's customers are American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, Barclays, Citigroup, Discover Financial, Ingolstadt Hospital, JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. , Lloyds TSB Lloyds TSB Group plc (LSE: LLOY) is a banking and insurance group in the United Kingdom. It was formed in 1995 by the merger of Lloyds Bank and the Trustee Savings Bank (TSB). The Group's head office is at 25 Gresham Street, London. , SEB Noun 1. SEB - a form of staphylococcal enterotoxin that has been used as an incapacitating agent in biological warfare
staphylococcal enterotoxin B
, Standard Bank of South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , TeleCash (First Data) and Wachovia.

For more information, visit http://www.softpro.de.

About Frost & Sullivan

Frost & Sullivan, the Growth Consulting Company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee
consulting firm

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information, visit http://www.awards.frost.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Company overview
Date:Oct 17, 2007
Words:1006
Previous Article:Cash Money/Universal Motown Icon Birdman Wins at 2nd Annual BET Hip-Hop Awards.
Next Article:TDWI Announces Master Data Management Insight 2008.
Topics:



Related Articles
New Clinical Areas and Imaging Modalities Expand North American Opportunities for Advanced (3D/4D) Visualization in Medical Imaging.
European Active RFID Market: What are the Growth Prospects?(Industry overview)
Frost & Sullivan Recognizes Comcast for the Enhanced Customer Value Provided by Its Comcast Digital Voice(R) Service.(Company overview)
Frost & Sullivan Commends DVDPlay's Innovative Services in the Automated DVD Rental Machine Market.(Company overview)
Frost & Sullivan Lauds GEA Wiegand for its Outstanding Technology Leadership in the European Biofuels and Ethanol Markets.
Content Filtering Solutions: A Business Critical Component in the Heightened Network Threat Landscape.
Public Demand for Kiosk Applications Leads to Strong Growth of the Global Interactive Kiosk Market.(Industry overview)
Flash Networks Lauded by Frost & Sullivan for its Harmony Suite of Mobile Internet Platform and Services.(Company overview)
Denomega Nutritional Oils Commended for its Position as a Formidable Niche Company in the European Omega-3 Fatty Acids Market.
Toray and Astellas Pharma Announce of the Acquisition of Marketing Approval for the Pulmonary Arterial Hypertension Agent Careload(R) LA Tablets...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles