This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

TIS Partners With Oce Business Services, A Canon Group Company, On A Multi-Year $5.6 Million (UKP 3.5m) Per Annum Contract To Implement Oce Managed Print Services And EFLOW(R) Digital Mailroom Solution For Leading UK Financial Services Provider

Stocks in this article: TISA

TEL AVIV and LONDON, Oct. 10, 2012 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) intelligent content capture and delivery solutions provider, and Océ Business Services, a Canon Group Company, today announced the successful deployment of a $5.6 million (UKP 3.5m) per annum multi-year contract for an outsourced managed print services solution incorporating eFLOW® Digital Mailroom at a leading UK-based financial services provider. Serving some 2 million UK customers, the customer is a part of an international life insurance, pensions and investment supplier whose 2011 sales reached EU 5.7 billion. After successfully going live, the solution is being enhanced to an even higher level of fax and check automation.

Océ Business Services was chosen by tender to streamline the customer's printing and scanning services with a fully outsourced solution for managed print services and inbound mail document capture processing. The project entailed consolidating the mail services from two locations 200 miles apart at one new outsourced location, involving both relocation of employees and specification to automate the formerly manual work processes. Receiving some 95,000 structured and unstructured documents scanned monthly, including checks and claim documents 10 – 200 pages in length, eFLOW has successfully diverted all the customer's inbound mail to the outsourced center, processing and delivering direct data feeds together with images into their workflow and document management systems. Document processing times have been substantially reduced, incorrectly completed documents are detected earlier on, payments and policy documents are processed faster and clients' document statuses can be pinpointed in the system, all enabling the customer to meet its current and future SLAs.

To address these challenging objectives in the short time allotted, Océ Business Services partnered with TIS, both for its high-performance, flexible and scalable eFLOW Digital Mailroom software, as well as for its considerable expertise and experience in defining and executing enterprise-wide document and business process automation solutions. 

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,195.42 +221.11 1.30%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,566.1380 +16.9120 0.37%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs