Kofax announces Kofax TotalAgility 7.2

Kofax, which provides software to simplify and transform the first mile of customer engagement, has made what it says is a significant advancement of its flagship product.

Kofax TotalAgility 7.2 now offers digital transaction management (DTM) capabilities to eliminate traditional paper based processes. While a bank might require paper based documents to be sent to a central location where each page of a document is manually scanned, inspected and validated, Kofax TotalAgility 7.2 supports scanning from different locations, after which the content is automatically extracted and validated to speed processing in a compliant and efficient manner. Documents can even be electronically signed and returned, automating document processes like mortgage applications, approvals and acceptances in a completely digital manner. 

“Digital transaction management is a new category of business application that is focused on helping enterprises manage their transactions in a fully digital manner,” said Jim Lundy, CEO, Aragon Research. “It isn’t a matter of ‘if’ enterprises will go digital, it is when. Harnessing DTM as an approach to manage internal and external transactions is what is needed.”*

Key highlights of Kofax TotalAgility 7.2 include:

• Electronic signature integration
• Customer communications management
• Improved mobile experience
• Analytics for process effectiveness

• Policy based document management
• Role-based privileges

*Aragon Research, Digital transaction management: The New Way Ahead for Digital Business, September 2014.