R2K Receives Kofax Special Achievement Award for High-Volume Forms Processing Application; Handprint recognition solution reduces cost of manual data entry while providing 99+% accuracy.Business Editors NEW YORK--(BUSINESS WIRE)--May 28, 2003 R2K, Inc. today announced that it received a Kofax Special Achievement Award for a high-volume forms processing application that automates data capture using R2K's CapturePoint(R) methodology. The solution provides over 99 percent accuracy on hand-printed forms while achieving 1) substantial reductions in manual keystrokes and 2) an increase in keystrokes per hour, both compared with the previous data-entry system. This system is expected to reduce the customer's processing costs by hundreds of thousands of dollars a year through improved productivity and reduced labor requirements. The application uses Kofax Ascent Capture and the Ascent Advanced Forms Modules and was delivered using R2K's value-added integration and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . Selected from over 70 partners to receive award "The Kofax Northeast Team had over 70 partners to consider for our 2002 Special Achievement Award. We chose R2K because the Ascent Advanced Forms solution they developed for their client was one of the most successful handwriting recognition Handwriting recognition is the ability of a computer to receive intelligible handwritten input. The image of the written text may be sensed "off line" from a piece of paper by optical scanning (optical character recognition). projects we had ever encountered. In addition to R2K's unique abilities to customize a solution to meet an organization's specific requirements, they rank among the upper echelons of the imaging industry when it comes to professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. . Kofax is very pleased to have R2K as our partner," said Kofax sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → Thomas Heath heath, tract of open land heath, tract of open land characterized by a few scattered trees, abundant moss cover, and numerous low shrubs, principally of the heath family (see heath, in botany). . CapturePoint: A methodology that puts technology in service of business objectives "The key to our success with large, paper-intensive applications is our 4-pronged CapturePoint methodology. We begin with a business process analysis to determine the strategic and operational goals of the organization. Second, the business analysis guides our selection of the best-of-breed technologies for the solution. Third, our integration services optimize optimize - optimisation this technology to meet the business goals. Finally, deployment is the result of quality testing and training so that staff can administer the system and plan for enterprise expansion. Using this methodology, we selected Kofax Ascent Capture and Neurascript Indicius as the best technologies for the job, and our integration team built the award-winning solution for the customer," said R2K Vice President Richard Mann. In addition to the application award, R2K was recognized by Kofax for achieving Silver Partner status. "We are strongly committed to our partnership with Kofax. Their quality technology and excellent partner support allow us to deliver consistent customer satisfaction to our business clients," said Mann. About R2K, Inc. Founded in 1996, R2K Inc. (www.r2k.com) specializes in the analysis, development, integration, and support of software systems for some of America's largest and most innovative organizations in a wide-variety of industries including insurance, banking, securities, pharmaceuticals, entertainment, utilities, and government. With a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , InnovaTeam, located in Bangalore, India, R2K delivers economical, innovative IT solutions across a range of applications including imaging, workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. , OCR OCR in full optical character recognition Scanning and comparison technique intended to identify printed text or numerical data. It avoids the need to retype already printed material for data entry. and data capture, software management and distribution, enterprise application integration, and e-business. About Kofax Kofax Image Products, Inc. (www.kofax.com), a division of the DICOM (medical, standard) DICOM - (From Digital Imaging and COmmunications in Medicine) A standard developed by ACR-NEMA (American College of Radiology - National Electrical Manufacturer's Association) for communications between medical imaging devices. Group plc, is a leading developer of application software and image-processing products for the Electronic Data and Document Capture (EDC EDC See: Export Development Corp. ) market. EDC is essential to helping document-intensive organizations economically, reliably and securely collect, transform and deliver information from all sources into their electronic business processes and archives. R2K and CapturePoint are registered trademarks of R2K, Inc. Kofax and Ascent Capture are registered trademarks of Kofax Image Products Inc. All other trademarks mentioned herein are the property of their respective owners. |
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