Ephesoft Inc.

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Transcript Ephesoft Inc.

Intelligent Document Capture

Ian Pope, VP, EMEA [email protected]

Fast Facts

Company

Founded 2010, product shipped Feb 2011, 28 employees

Management

Executive staff has 80+ years direct capture experience

Sales Channel Business Model

Partner model: 85 approved partners in 16 countries Open Source model: Subscription for Enterprise Edition; Free for Community (10K+ users in 35 countries)

Cloud-Ready Customers

Can be used On-premise or as SaaS on Ephesoft’s Cloud Throughout the World, including Spain, UK, USA, NL, Austria, South Africa, Australia, Italy ………………

Product Overview

• • • • •

Capture (scan or Import) Automatic Classification & Separation Data extraction Validation Export (CMIS, XML, etc)

Technology stack

• • • • • 100% thin client, 3 tier architecture Leveraging open source tools on the JAVA platform Lucene, Hibernate, Tomcat/JBOSS, MySQL/SQL Express, Tesseract Recostar Professional OCR (OpenText) for Enterprise Edition TWAIN scanner drivers; CMIS import and export

Ephesoft Solution

Social Security # Date LOAN APPLICATION IRS 1040 Amount APPRAISAL Purchase Order # INVOICE Address LETTER PAPER DOCS E-MAIL FAX

1. Identifies the categories 2. Learns from samples 3. Classifies incoming documents and extract data 4. Outputs metadata to start business process flow

Some Sample Use Cases

Mortgage/Loan Processing - Requires accurate document ID among similar forms & data extraction.

Insurance Forms Processing – Signed forms required to purchase insurance policy or start claims.

General Mailroom – All document types come into Mailroom/Postroom – need to be quickly classified/separated and delivered electronically to desk top.

HR – Process applications/CV’s/Employee Records – Needs to be Secure.

Government – Wide variety of docs – Improve response times – Case Management – Records Management.

Use Case Accounts Payable

• • • •

Ephesoft identifies vendors, & verifies addresses Ensures vendor, product, quantities, and pricing is accurate Table/line-item extraction Integrates with ERP system:

o o o Example is eReplacementParts.com

Ephesoft selected due to low cost with full capabilities, ease of implementation, and ability to scale Solution saves 100’s of accounting labour hours/month, improves accuracy over manual entry, enables capture of early payment discounts, and eliminates physical storage

Some Customers!

What Others Are Saying About Us

“The most innovative company in Capture.”

- Ralph Gammon, editor of Document Imaging Report

“Ephesoft will shake up the industry.”

- Harvey Spencer, HAS Associates

A needed addition to the CMIS community” - CMIS Committee

• http://www.realstorygroup.com/vendormap/ • Great reviews from 500+ buyers of the Ephesoft book http://www.packtpub.com/intelligent-document-capture-with-ephesoft/book

How Is Ephesoft Different?

Old Way

High initial license cost; system could cost $$$

Ephesoft Way

Zero initial license; low subscription cost Priced by images & users Proprietary-Vendor Lock-in Fortune 1000 70% Thick Client 30% Thin Client Runs only on Windows Commercial OCR No Web Service APIs No limits on images and users Open Source / Open Standards (Lower Risks) Fortune 50,000 100% Thin Client On-premises or SaaS (Cloud ready) Runs on Windows and Linux Commercial & Free OCR Only Capture Company with Web API’s

Ephesoft Inc.

EMEA office – London Ian Pope, VP Sales & Marketing 44 (0) 7411 461804 [email protected]