GenAI Enhancements Highlight the Next Wave of Product Innovation across the Tungsten Automation Portfolio of Solutions
23 Abril 2024 - 4:00AM
Business Wire
Tungsten Automation, formerly known as Kofax and a trusted
leader in Intelligent Automation software, today announced new
product offerings and significant GenAI-led enhancements across its
entire portfolio. Leveraging nearly 40 years of rich history and
more than 20 years of AI leadership, these innovations affirm
Tungsten Automation’s commitment to delivering reliable, scaled,
and proven technological excellence to global customers.
Spotlight on Product Innovation:
Copilot for Extraction: Through the
synergy of Generative AI and Tungsten Automation’s unique AI
extraction technology, this patent-pending capability
revolutionizes data extraction by empowering users to describe in
natural language what they would like to extract from a document.
This makes application development more efficient and accessible to
everyone, substantially reducing time to deployment by up to 80%,
enhancing accuracy, and boosting straight-through processing (STP)
rates.
InvoiceAgility: A new unified invoice
processing solution helps enterprises navigate the maze of invoice
requirements spanning regions, languages, and compliance.
InvoiceAgility integrates its robust global e-invoicing network of
over 350,000 buyers and suppliers, compatibility with multiple open
e-Invoicing network standards, and the capability to quickly ingest
paper, PDF, web form and practically any invoice format.
Enterprises gain heightened accuracy and rapid invoice processing,
significantly fewer exceptions, and valuable insights for managing
cash flow and optimizing supply chain relationships.
Printix 2.2 introduces
significant enhancements, notably through advanced administrative
features that streamline management and improve capture workflow
capabilities integrated with our AI-powered TotalAgility platform.
Additionally, this version stands out with its unique multi-SAP
platform SaaS cloud print solution, offering a distinctive choice
in the enterprise sector.
Power PDF 5.1 builds on our
industry-leading usability. Key improvements include new toolbar
customizations that enable the rendering and viewing of 3D PDFs,
providing users with a deeply immersive visualization experience.
Additionally, this version expands cloud licensing options,
offering greater scalability and cost-effectiveness for
enterprises.
Focused Innovation Across Industries:
Banking and Financial Services:
Tailored solutions enhance compliance, speed up processing, and
reduce risks through secure, reliable, and proven GenAI
enhancements.
Insurance: Automating claims
processing and risk assessment with scalable GenAI technology,
driving faster and more accurate decision-making.
Healthcare: Streamlining data
management and patient care coordination with robust, reliable
GenAI-driven systems.
Supply Chain: Enhancing logistics
efficiency with AI-driven insights and automation, optimizing
visibility and operations across the global supply network.
Public Sector: Transform citizen
experiences, maximize efficiency, and drive digital innovation for
federal agencies with our solutions in the cloud.
Each product release is specifically designed to simplify how
customers utilize our software to drive productivity, enhance
efficiency, and elevate the overall customer experience. Our latest
advancements take center stage at the global Customer Summit series
across Europe, the United States and APAC regions. These events
will demonstrate how Tungsten Automation integrates GenAI and other
advanced technologies to maximize the value delivered through our
comprehensive portfolio of solutions.
"Our focus at Tungsten Automation is on enriching our products
for customers. With InvoiceAgility, we’ve integrated the best of
our product offerings into a unified solution. And later this year,
InvoiceAgility will incorporate our latest GenAI innovation,
Copilot for Extraction, to further strengthen our offering,” said
Adam Field, Senior Vice President, Product Management.
Find out more at www.tungstenautomation.com
About Tungsten Automation:
Tungsten Automation, formerly Kofax, is a global leader in
intelligent workflow automation solutions with a trusted legacy of
40 years, with more than 2,200 employees in 32 countries serving
over 25,000 global customers. Our commitment to innovation and
customer success has earned industry recognition, including being
named a leader in IA and IDP by Everest Group and process
orchestration by Forrester. We are trusted to help businesses gain
unprecedented efficiencies and reduce costs through workflow
automation to propel their businesses into the future.
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version on businesswire.com: https://www.businesswire.com/news/home/20240423707862/en/
For media inquiries, please contact: Nicolas Rochard
Senior Vice President, Marketing
Nicolas.Rochard@tungstenautomation.com