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TheStreet Open House

OPSI Authorized Service Contractor For UPS Delivers A Win For Top Image Systems

Stock quotes in this article: TISA

TEL AVIV, Israel, May 21, 2013 (GLOBE NEWSWIRE) -- Top Image Systems Ltd. (TIS) (Nasdaq:TISA), a leading Enterprise Content Management (ECM) intelligent content capture, workflow and delivery and mobile payment solutions provider, announced today that OPSI (International Handling) Ltd, Authorized Service Contractor for UPS in Israel selected eFLOW ® to automate the invoice and related transport documentation processing that is critical to their timely business performance.

Faced with the challenge of a narrow window of time between the receipt of the last daily batch of parcels and the deadline for international air freight departure, whereupon OPSI staff must ensure that all Export items have had all invoices, bills of lading, customs clearance forms and all other related transport documentation submitted and approved, the company considered several alternatives. Following a successful Proof of Concept, OPSI selected eFLOW from TIS, scheduled to go live in the second quarter of 2013.

Until now the company has manually processed some hundreds of thousands of pages of semi-structured forms per year, entering data into the company's internal global tracking system and into the separate Customs Authority system.

The eFLOW ® solution offers significant added value; following deployment, productivity is expected to increase by 50%. Another benefit for OPSI managers will be greater transparency vis-à-vis document status, improving responsiveness and SLAs to OPSI customers.

Commented Top Image Systems CEO Dr. Ido Schechter: "The POC exercise at UPS clearly demonstrated eFLOW's industry-leading recognition rates and accuracy. Flexibility and scalability were also key to winning this project, as OPSI must be able to regularly integrate with and adapt to both the OPSI and Customs Authority systems, each of which poses different yet complex and dynamic requirements. Looking to the future, we expect to upgrade the system in Phase II by introducing to OPSI drivers remote document capture via mobile device, which will dramatically reduce processing cycle time."

Ayala Wexler, VP Operations / COO in Israel stated, "So far, we are very impressed by the solution designed for us by TIS, which exceeded our expectations. When the system is in place, we expect the time and resources required to collect data per parcel to be cut in half and the level of accuracy in our documentation to be improved significantly."

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