ABBYY and W4 Software have set up an alliance to provide document management solutions to end users, based on ABBYY FlexiCapture document capture and OCR and W4's business process management technology.
ABBYY, whose OCR is used by many other developers in the documents solutions marketplace, provide solutions that improve paper-bound business processes for for various industrial sectors by leveraging capture using zonal OCR apps.
W4 SOFTWARE is a French software company with an established track record for products and services in the field of process automation (BPM).
Both solutions can, by hooking up, automate key business processes related to data and documents and provide major productivity gains for customers in a wide variety of vertical and horizontal markets. They are focussing on accounts payable, automated billing, contract management, paperless mail management, payment of insurance premiums and funding approvals.