Illinois Department of Revenue Selects Captiva; Agency to Implement the Digital Mailroom, InputAccel and FormWare to Create a Co
18 10월 2005 - 8:30PM
Business Wire
Captiva Software Corporation (NASDAQ:CPTV), a leading provider of
input management solutions, today announced that the Illinois
Department of Revenue (ILDOR) has selected Captiva's Digital
Mailroom(TM), InputAccel(R) and FormWare(R) software products as a
comprehensive solution for processing tax forms and payment
documents. The value of the initial contract to Captiva is in
excess of $100,000. ILDOR will initially implement the solution to
automate the capture, classification and routing of nearly two
million pages of tax forms, remittance advices, checks and other
paper documents and faxes the department receives annually. The
department plans to expand the solution to capture and process
additional incoming mail and paper documents, eventually surpassing
10 million pages annually. The solution will replace ILDOR's
existing manual data entry system. By utilizing optical character
recognition (OCR) and classification technologies to convert data
from paper into electronic content, ILDOR will enable the sharing
of information between departments and increase the efficiency of
its processes while concurrently achieving considerable cost
savings. The Captiva solution will export the captured and
classified data and images to an enterprise content management
(ECM) system provided by IBM. "ILDOR selected Captiva for its
robust and scalable solution that will easily be expanded to
capture higher volumes of tax forms, incoming mail and other
documents in the future," said Howard Dratler, Executive Vice
President of Field Operations for Captiva. "Our success with state
and local government agencies is due to our in-depth understanding
of these customers' needs, the abilities of our solutions to
quickly and accurately process complex tax returns and the proven
return on investment we've delivered to our many government
customers." The Digital Mailroom is automated classification and
routing software for digitized images of inbound mail and
electronic communications. InputAccel is Captiva's award-winning
document capture software and FormWare(R) is Captiva's flagship
forms processing software. By delivering accurate, timely and
usable data to enterprise applications, Captiva's input management
solutions offer users reduced operational costs, improved
information quality and accelerated business processes. About the
Illinois Department of Revenue The Illinois Department of Revenue
(ILDOR) serves as the tax collection agency for state and local
governments. The department also administers the state's lottery,
regulates the state's wagering activities and regulates the
manufacture, distribution and sale of alcoholic beverages. The
department oversees local property tax assessments, collects
delinquent child support on behalf of the Illinois Department of
Healthcare and Family Services, and functions as the funding agent
for the Illinois Housing Development Authority. For more
information, visit www.revenue.state.il.us/. About Captiva Software
Corporation Captiva Software Corporation (NASDAQ:CPTV) is a leading
provider of input management solutions. Since 1989, the company's
award-winning products have been used to manage business critical
information from paper, faxed and scanned forms and documents,
Internet forms and XML data streams into the enterprise in a more
accurate, timely and cost-effective manner. These products automate
the processing of billions of forms and documents annually,
converting their contents into information that is usable in
database, document, content and other information management
systems. Captiva's technology serves thousands of users in
insurance, financial services, government, business process
outsourcing, manufacturing and other markets. For more information,
visit www.captivasoftware.com. Digital Mailroom is a trademark, and
FormWare and InputAccel are registered trademarks of Captiva
Software Corporation. All other trademarks or registered trademarks
are the property of their respective owners. This press release may
contain forward-looking statements that involve risks and
uncertainties, as well as assumptions that, if they prove
incorrect, could cause our results to differ materially from those
expressed or implied by such forward-looking statements. All
statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including, among
other things, any projections of earnings, revenues (including
where the underlying contract has already been signed), or other
financial items; any statements of the plans, strategies, and
objectives of management for future operations; any statements
concerning proposed new products, services, or developments; any
statements regarding future economic conditions or performance;
statements of belief and any statement of assumptions underlying
any of the foregoing. The risks, uncertainties and assumptions
referred to above include, among other things, performance of
contracts by customers and partners; employee management issues;
the timely development, production and acceptance of products and
services and their feature sets; the challenge of managing asset
levels, including inventory; the flow of products into third-party
distribution channels; and the difficulty of keeping expense growth
at modest levels while increasing revenues. Announcements of
contract awards should not be interpreted as reflecting revenue in
any particular period and may relate to revenue recorded in prior
or future periods (in some cases subject to cancellation) or
revenue recorded in multiple periods. These and other risks and
factors that could cause events or our results to differ from those
expressed or implied by such forward-looking statements are
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obligation and do not intend to update these forward-looking
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