David Wright, Sales Engineer Emerging Markets Kofax Transformation David Wright, Sales Engineer Emerging Markets

Kofax Capture - The Operating System of Capture 50+ Registered Export Connectors Developer Community Developer Community 50+ Registered Custom Modules Kofax Capture - The Operating System of Capture Extract Key from image OCR ICR OMR Validate Separate Deliver ECM Workflow ERP CRM Collect Plug and Play Unmatched compatibility with scanners and other capture devices (MFPs, Fax, etc) including centralized administration Operating system of capture Kofax custom module community 100+ API integrated export connectors (release scripts) Strong Enterprise Content Management (ECM) partnerships IBM/FileNet, Open Text, Microsoft, Oracle, EMC, etc. 

Kofax Virtual Rescan (VRS) Original with Virtual ReScan without Virtual ReScan 

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Kofax Capture - The Operating System of Capture 50+ Registered Export Connectors Developer Community Developer Community 50+ Registered Custom Modules Kofax Capture - The Operating System of Capture Extract Key from image OCR ICR OMR Validate Separate Deliver ECM Workflow ERP CRM Collect Auto-Separate ? Auto-Extract Plug and Play Unmatched compatibility with scanners and other capture devices (MFPs, Fax, etc) including centralized administration Operating system of capture Kofax custom module community 100+ API integrated export connectors (release scripts) Strong Enterprise Content Management (ECM) partnerships IBM/FileNet, Open Text, Microsoft, Oracle, EMC, etc. Auto-Classify Invoice Order Contract 

Kofax Transformation is Intelligence Cognitive Capabilities Concept Formation Generalization Remember Identify Comprehending Intelligence Technical Equivalence Classification Clustering Associative Matching Extraction Automated processes Comprehending Intelligence – We are clever and we understand. Can a computer generalize, remember and identify? Does it work like us, or does it have to do things differently? Show the auto-clustering demo. Computers can generalize, associate, and they are a LOT faster than us. 

Structured Semi-structured Unstructured Document Types Structured We know where everything is on page Forms Semi-structured We know what is on page, but not where Invoices Unstructured We don‘t know what is on page Email, letters Sfasdfölkjasödlfkj sdföalskjdf Fax 

Kofax Transformation Customers 264 million documents per year 67% growth 2006-2008 3 customer types Small <30,000 to 100,000 docs/year Medium ~300,000 docs/year Enterprise >1,000,000 docs/year Our solutions Document classification Workflow automation Mailroom automation Forms processing Fax processing Invoice, orders, accounts payable Most complete Scalable Transformation Product on the market 

Invoice Capture Process þ Document preparation Scan with VRS Transformation Validation Export & Release: DMS, ERP,Workflow Invoice Invoice Online Learning 

 Invoice number and date Extract Data  Invoice number and date  Master data of supplier  Name and complete address of buyer  VAT number of supplier and buyer (the latter depending on country and gross amount)  Delivery date of goods/services  PO number  Line items: description of goods, quantity, VAT rate, unit and total price  Currency, subtotal, VAT rate, VAT amount, total  Bank details, terms of payment 

Intelligent solution 70% invoice header data extraction out-of-the-box Invoices knowledge base (pre-trained) Uses an template / template-free approach, using rules powerful enough to work across all invoices Learn by example extraction technology Improve real-time extraction Table line item extraction for 3 way matching Full international support 140 recognition languages Unicode for European, Cyrillic and Asian countries 

Additional Benefits for the Customer Reduced AP labor (time saving) Significant cost reduction Higher supplier satisfaction due to quicker processing of the invoices Higher employee satisfaction Reduced AP labor: 1) Automated extraction of invoice data 2) Increased data accuracy (wrong data can be corrected easily and fast in the validation phase) 3) Simplification of the invoice process Significant cost reduction: 1) see "reduced AP labor" 2) "Single" Pipe concept All Documents independent of the media via which they are sent are processed in the same way. Infrastructure can also be laveraged for other processes within P2P as e.g. sales order processing. Higher supplier satisfaction due to quicker processing of the invoices: Speed up process considerably through automatic routing 1) of high-value invoices or invoices from specific suppliers for approval 2) of problem invoices to exception handling 3) and prioritization of invoices with early-payment discounts Higher employee satisfaction: 1) Significant reduction of routine work 2) Focus on more important tasks such as reporting and statistics 

Do you recognize these business pains? Business Challenges Do you recognize these business pains? No automated matching of invoice because of Data errors Business Logic errors Invoice conformity issues Extraction related issues Accounts personnel has to manually fix the problem place outbound calls to supplier, purchasing department, internal buyer,. … (EUR 7+ per call) Data errors wrong address, missing/wrong PO, typing errors Business Logic errors Wrong payment terms, wrong discounts, tax errors Invoice conformity issues Coding issues Extraction related issues Line item validation out of the box Phase 5: Improve Data Quality 

Reduction of errors & dispute costs with each phase Calculating Savings Approx. Savings per invoice: Control paper flow: EUR 7+ Reduce Manual Labor: EUR 1+ Enhance process transparancy : EUR 1+ Add Electronic: EUR 1+ Improve Data Quality: EUR 2+ Automatic Feedback & Issue resolution: EUR 3+ = Approx. savings from EUR 15 per invoice Reduction of errors & dispute costs with each phase 

Reasons for Automation - Kofax Solution Customer needs Benefits provided by Invoice Processing Solution Changing Role of Accounts Payables Focus on core business - Reduced workload due to automation Need for Cost Reduction Reduction of overhead, process and IT costs Shareholder Responsibilities- erratic reporting Proper closing of the accounts, correct financial statements Transparency Awareness of the current status of the invoice Compliance Regulations The entire process is stored and traceable High ROI and low TCO High ROI, easy to train system without any IT intervention 

Kofax Enterprise Mailroom Solution What is it? Who is it from? What information is in it? Who do I send it to? Germany 30 million pages per year mail – fax – email 91 document types 24 Transformation Servers 400 validation stations Results Credit application approval in 10 minutes, other docs in 24h. 100% increase in productivity ROI in 3 months. Improved Customer Service Scalable – business can grow 2008 – 300 new document types 