KOLN, Germany, September 1 /PRNewswire-FirstCall/ -- Top Image Systems, Ltd. , a leading innovator of intelligent document recognition, announced today that BKK Group has chosen TiS' eFLOW platform as their document automation solution.
Top Image Systems (TiS) provides automated data capture solutions that improve enterprise business processes by integrating data from multiple sources and of different types, such as invoices, freight and shipping bills, purchase orders, and others. TiS solutions seamlessly deliver the extracted data to enterprise applications such as document and content management, ERP, or CRM.
BKK Group is one of the three largest public statutory health insurance companies in Germany. With over 40 million members, it bundles the activities of about 250 health insurance companies, originally established by enterprises to handle their own health insurance schemes for employees.
Within the BKK Group, BKK Abrechnungszentrum Emmendingen (ARZ BKK) plays an important role. ARZ BKK provides outsourcing services to nearly 200 of BKK's health insurance organizations all over Germany, and has a market share of between 60 and 70 percent within the BKK System. The main IT center of ARZ BKK is faced with the daily challenge of handling all documents related to an individual patient including medical certificates, physician letters, prescriptions, supplier invoices, receipts, and other complex documents, between 30,000 and 40,000 documents every day.
To achieve the highest accuracy levels in data recognition in minimal time, Top Image Systems Deutschland GmbH, a subsidiary of TiS, has teamed with Exorbyte, a German technology provider, which has developed a high-performance approximate search and matching solution. Based on complex algorithms, the joint solution enables information processing of multi-field documents over a large database, while dramatically reducing time and increasing efficiency.
"As ARZ BKK's business has expanded, we searched for a solution that would automate the processing of all healthcare claims and deal with high volumes of documents." commented Gerhard Eichenbaum, Head of Department of BKK Abrechnungszentrum Emmendingen, on selecting TiS to provide the solution. "eFLOW has provided us with a technical breakthrough by capturing and processing all incoming documents, automating the classification of incoming documents of any type, and exporting the information into our internal content management system. Our existing document management system could not efficiently cope with the volumes of information streaming into the organization. eFLOW's flexibility and openness, along with its superior technology, supply a solution that allows us to grow in this competitive market and to provide efficient processing of patient related documents to our customers.
"In order to ensure continuity of high-quality service, ARZ BKK has decided to gradually implement the eFLOW solution," stated Gideon Shmuel, General Manager of TiS Europe. "After successfully implementing the system in our first project with ARZ BKK, we are now ready to expand the system to four additional flows of information within the organization. eFLOW technology uses gray-scale processing and complex binarization to automatically understand and effectively classify the large variety of information entering ARZ BKK. Top Image Systems' best-of-breed solution has provided ARZ BKK with increased throughput and improved turnaround time for the large amount of documents processed daily."
About Top Image Systems
Top Image Systems is a leading innovator of enterprise solutions for managing and validating content entering organizations. Whether originating from mobile, electronic, paper or other sources, TiS solutions deliver the content to applications that drive the organization. TiS' eFLOW Unified Content Platform is a common platform for the company's solutions. TiS markets its platform in more than 30 countries through a multi-tier network of distributors, system integrators and value added resellers, as well as strategic partners. For more information on TiS, visit the company's web site at: http://www.topimagesystems.com/.
"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:
Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings.
Contacts: Adi Granot Investor and Public Relations Manager Top Image Systems Ltd. +972-3-7679114 adi@TopImageSystems.com
TIS (Top Image Systems)
Top Image Systems (TiS) provides automated data capture solutions that improve enterprise business processes by integrating data from multiple sources and of different types, such as invoices, freight and shipping bills, purchase orders, and others. TiS solutions seamlessly deliver the extracted data to enterprise applications such as document and content management, ERP, or CRM.
BKK Group is one of the three largest public statutory health insurance companies in Germany. With over 40 million members, it bundles the activities of about 250 health insurance companies, originally established by enterprises to handle their own health insurance schemes for employees.
Within the BKK Group, BKK Abrechnungszentrum Emmendingen (ARZ BKK) plays an important role. ARZ BKK provides outsourcing services to nearly 200 of BKK's health insurance organizations all over Germany, and has a market share of between 60 and 70 percent within the BKK System. The main IT center of ARZ BKK is faced with the daily challenge of handling all documents related to an individual patient including medical certificates, physician letters, prescriptions, supplier invoices, receipts, and other complex documents, between 30,000 and 40,000 documents every day.
To achieve the highest accuracy levels in data recognition in minimal time, Top Image Systems Deutschland GmbH, a subsidiary of TiS, has teamed with Exorbyte, a German technology provider, which has developed a high-performance approximate search and matching solution. Based on complex algorithms, the joint solution enables information processing of multi-field documents over a large database, while dramatically reducing time and increasing efficiency.
"As ARZ BKK's business has expanded, we searched for a solution that would automate the processing of all healthcare claims and deal with high volumes of documents." commented Gerhard Eichenbaum, Head of Department of BKK Abrechnungszentrum Emmendingen, on selecting TiS to provide the solution. "eFLOW has provided us with a technical breakthrough by capturing and processing all incoming documents, automating the classification of incoming documents of any type, and exporting the information into our internal content management system. Our existing document management system could not efficiently cope with the volumes of information streaming into the organization. eFLOW's flexibility and openness, along with its superior technology, supply a solution that allows us to grow in this competitive market and to provide efficient processing of patient related documents to our customers.
"In order to ensure continuity of high-quality service, ARZ BKK has decided to gradually implement the eFLOW solution," stated Gideon Shmuel, General Manager of TiS Europe. "After successfully implementing the system in our first project with ARZ BKK, we are now ready to expand the system to four additional flows of information within the organization. eFLOW technology uses gray-scale processing and complex binarization to automatically understand and effectively classify the large variety of information entering ARZ BKK. Top Image Systems' best-of-breed solution has provided ARZ BKK with increased throughput and improved turnaround time for the large amount of documents processed daily."
About Top Image Systems
Top Image Systems is a leading innovator of enterprise solutions for managing and validating content entering organizations. Whether originating from mobile, electronic, paper or other sources, TiS solutions deliver the content to applications that drive the organization. TiS' eFLOW Unified Content Platform is a common platform for the company's solutions. TiS markets its platform in more than 30 countries through a multi-tier network of distributors, system integrators and value added resellers, as well as strategic partners. For more information on TiS, visit the company's web site at: http://www.topimagesystems.com/.
"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995:
Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings.
Contacts: Adi Granot Investor and Public Relations Manager Top Image Systems Ltd. +972-3-7679114 adi@TopImageSystems.com
TIS (Top Image Systems)
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