This Day On The Street
Continue to site
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

Top Image Systems Wins Six Figure Digital Mailroom Project At European Central Bank

TEL AVIV, Israel and COLOGNE, Germany, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq:TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) and mobile image processing solutions provider, announced a six-figure eFLOW Digital Mailroom win at a Central Bank in Europe; the bank is fully owned by the federal government of its home country and plays an integral part in both the European System of Central Banks (ESCB) and the Eurosystem.

Following a short list including three competitors, the bank chose the eFLOW® mailroom automation solution to manage its current volume of some 300,000 documents per year. The prestigious financial institution selected eFLOW because of its high-performance, multiple-OCR/ICR-engine recognition platform and because of its open architecture and scalability. In future, the Bank has plans to expand its document process automation, aiming to employ eFLOW to process its financial statements as well as to implement the eFLOW INVOICE solution for automated AP processing.

"Top Image Systems is proud to continue to win the confidence of important institutions in the public sector, not only in Europe but worldwide," comments Egbert Fischer, Dipl. Ing. Managing Director, North EMEA. "The eFLOW platform was chosen by this influential financial institution, not only for its effective functionality and cutting-edge technology, but also because of the strong references in its home country and throughout Europe, organizations that rely on eFLOW for industry-leading software innovation, expert technical support and services and best practice banking process management." 

Continued Mr. Fischer, "We trust that our relationship with this Central Bank will grow and bring more new opportunities to TIS in the banking sector, an industry in which eFLOW's best-in-class recognition rates and tailored business processes facilitate banks achieving high rates of straight-through-processing, reduced costs and rapid ROI."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs