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Kofax Acquires PSIGEN

Acquisition Extends Kofax’s Management Place within the Seize Market Whereas Enhancing Its Clever Automation Platform Capabilities

London, U.Ok. – June 2, 2021 – Kofax®, a number one provider of Clever Automation software program for digital workflow transformation, at this time declares it has acquired PSIGEN Software program, Inc., a supplier of doc seize, content material administration and workflow automation software program and options.

“We’re very happy to welcome PSIGEN’s clients, companions and staff into the Kofax household and need to guarantee them that we’ll proceed to promote, develop and assist PSIGEN’s software program and options,” says Reynolds C. Bish, Kofax’s Chief Government Officer. “This acquisition provides to our present doc seize software program and options, additional extends our management place within the seize market, provides content material administration software program and options to our product portfolio, will increase our buyer and associate ecosystem and enhances our clever automation platform.”

PSIGEN’s doc seize software program – PSIcapture – and its content material administration software program – PSIsafe – provide sturdy capabilities and particular utility options, similar to quote-to-cash, accounts payable and accounts receivable, in an easy-to-deploy and cost-effective method. The merchandise can be found through on-premises perpetual, on-premises time period and cloud-based SaaS subscription licensing fashions and are primarily offered by greater than 800 authorised resellers and distributors all through North America and different areas.

“We’re thrilled to hitch Kofax and turn into part of their spectacular clever automation portfolio,” says Bruce Hensley, PSIGEN’s founder and Chief Government Officer. “PSIGEN’s clients will profit from Kofax’s a lot bigger assets and world attain, and collectively we’ll be capable to provide clients the broadest vary of software program and options within the market to speed up their digital workflow transformation journeys.”

About Kofax
Kofax allows organizations to Work Like Tomorrow™—at this time. Our Clever Automation software program platform and options digitally rework content-intensive workflows. Prospects realise sooner time-to-value and elevated competitiveness, progress and profitability by combining Kofax’s cognitive seize, RPA, course of orchestration, analytics and cellular capabilities whereas rising enterprise resiliency and mitigating compliance threat. For extra data, go to Learn extra on the Kofax Weblog and observe us on LinkedIn and Twitter.

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© 2021 Kofax, Inc. Kofax is a registered trademark of Kofax Restricted.

Media contact:
Vidushi Patel/Nicola Males
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