Business process management solutions developer Kofax plc has launched the latest version of its MarkView for Accounts Payable solution. Kofax MarkView AP 8.0 is a secure, mobile solution for the automated capture and processing of accounts payable (AP) information.
According to Kofax, MarkView 8.0 “accelerates processes and optimizes cash management” by enabling customers to use the cameras in such mobile devices as smartphones and tablets to capture, view, manage, and approve information from receipts and invoices from anywhere, at any time.
Kofax MarkView for AP is a capture-enabled financial process automation application for AP and other functions. It automates the receipt and capture of paper and electronic invoices, extracts relevant data from that content, and then manages the information into workflows for routing transactions through exception handling and approval processes.
Kofax MarkView leverages Kofax Mobile Capture, which enables mobile devices to become viable tools for information capture and automation solutions. It helps prevent fraud by providing complete chain-of-custody assurances so only authorized users can access and submit content to relevant systems and processes. Once captured, an image cannot be altered or tampered with and does not remain on the mobile device.
“Kofax MarkView for AP addresses the confirming, approving, and paying of invoices,” says Kofax CMO Martyn Christian. “Secure mobile functionality puts AP review and approval capabilities directly in the hands of the user, wherever located, which significantly speeds processes and provides better cash management.”
