Profile: Top Image Systems Ltd (TISA.TA)
10 Mar 2014
Top Image Systems Ltd. (TIS), incorporated in March 1991, develops and markets automated data capture solutions for managing and validating content gathered from customers, trading partners and employees. Whether originating from electronic, paper, mobile or other sources, the Company’s solutions deliver digital content to the applications that drive an enterprise by using technologies, including wireless communications, servers, form processing and information recognition systems. Its software improves business processes by integrating different types of data from multiple sources. Its products integrate information regardless of the source and format of the data, whether structured, as in the case of application forms or surveys, or semi-structured, such as invoices, purchase orders, checks, freight and shipping bills. Its solutions deliver the extracted data to applications, such as document and content management, enterprise resource planning, or customer relationship management.
The Company’s signature solution is the eFLOW Unified Content Platform. eFLOW provides the common architectural infrastructure for its solutions. Based on a single, integrated environment, the eFLOW platform provides a visual application designed to enable the structure of a complete form processing and data capture solution. Providing a modular platform with an open, scalable and flexible architecture, eFLOW facilitates the development of applications ranging from desktop, applications to high-volume, network-based systems. eFLOW provides enterprise-wide solutions for every data capture and content delivery need, all on a single platform, using one set of business rules.
eFLOW allows a customer to integrate data of any format and from multiple sources, including the Internet, paper, fax, microfilm, microfiche, electronic, and e-mail, and of different types, such as invoices, freight and shipping bills and purchase orders, to provide a single connection to the enterprise application system. eFLOW is designed to address the needs of companies, institutions, government agencies and other organizations with a range of form processing requirements (5,000 or more forms per day). eFLOW's open architecture allows for integration with all content management, enterprise resource planning (ERP), customer relationship management (CRM) and workflow systems, as well as multi-function printers and scanners. eFLOW’s Client/Server architecture allows users to access the solution through one channel, the eFLOW server, which results in superior network security and efficiency.
Smart for Unstructured Content, a Mailroom Classification Solution
Smart, the eFLOW plug-in for unstructured content, is an automated classification solution. By automatically capturing, recognizing, classifying and routing all incoming information, Smart functions as the gateway to enterprise information systems. Smart offers a single point of entry for any kind of information entering the organization. Whether originating from paper mail, fax, e-mail, or any other source, Smart automatically recognizes the image, understands it, and accordingly defines its destination within the organization. Smart consists of artificial intelligence and machine learning algorithms.
Freedom for Semi-Structured Content, a Complete Invoices and Related AP Documents Processing Solution
Freedom, the eFLOW plug-in for semi-structured content, enables customers to identify and capture critical data from semi-structured documents, such as invoices, purchase orders, shipping notes and checks. Based on artificial intelligence, Freedom is designed to understand the format of a document without the need to predefine its structure. Freedom locates, identifies, captures and validates critical data contained in the document. Freedom captures and classifies all kinds of invoices in paper or electronic formats.
eFLOW Ability for SAP-users
eFLOW Ability is an integrated module interfacing with SAP systems for automated parking, approval and posting of invoices and any other document within SAP systems. eFLOW Ability improves invoice processing, reduces the time it takes for an invoice to be approved for payment and eliminates double payments, lost invoices and other human mistakes along the way. In addition, eFLOW Ability offers a SAP-oriented business workflow and an accounts payable document processing, approval and validation solution.
eFLOW Invoice Reader
eFLOW Invoice Reader is a standard, generic invoice capture and approval solution. This solution can be deployed and integrated in any enterprise accounting environment including SAP, Oracle and other financial systems. eFLOW Invoice Reader is pre-adapted to specific country regulations and business practices, and thus can be implemented in a relatively short timeframe. eFLOW Invoice Reader minimizes resources for operating an invoice capturing process, shortens delivery time and purchase-to-pay cycle, employs the character recognition technology for data capture, and automatically verifies the vendor data and PO information on the incoming invoices.
AFPSPro had been the Company’s flagship product until the introduction of the eFLOW unified content platform. The Company is at the end of the process of upgrading AFPSPro customers to eFLOW and focuses on phasing out AFPSPro.
The Company competes with EMC, Mitek, Banctec, Kofax, AnyDoc, OCE, eCopy, Fairfax, Global360, Ikon, Itesoft, Mitek, Parascript, Scansoft, Scan Optics, ABBYY, Datacap, SER, and ReadSoft, A2iA.
Top Image Systems Ltd
B.S.R Tower #1, 2 Ben Gurion St.
PO Box 42
RAMAT GAN 52573