CPTV Captiva Software (MM)

Captiva Software Corporation (NASDAQ:CPTV), a leading provider of input management solutions, today announced the availability of InputAccel for Invoices(TM) 2.0, a new, more powerful version of its automated invoice capture solution. InputAccel for Invoices 2.0 has been enhanced to include Captiva's Dispatcher 4.0 software, which includes self-learning templates for high-volume vendors, an improved reject repair operator interface and the automated matching of invoice line item details to purchase orders so that only exceptions are presented to operators, thereby further reducing manual intervention and speeding straight-through processing. Additional features of version 2.0 include eliminating the need for document separator sheets. "The new features we've added to InputAccel for Invoices advance the state-of-the-art in template-free invoice data capture, enabling customers to speed invoice workflow, reduce costs and improve the timeliness and accuracy of payments," said Jim Vickers, Captiva's Chief Marketing Officer. "The enhancements made to this version of InputAccel for Invoices greatly improve the solution's abilities and are a direct result of customer requests for these capabilities." InputAccel for Invoices is a fully customizable invoice capture solution that dramatically reduces the amount of manual intervention typically required to process invoices. It transforms a paper invoice into a digital image from which invoice data is automatically extracted, validated and delivered into enterprise content management (ECM), enterprise resource planning (ERP), accounts payable (AP) and other back-end systems. InputAccel for Invoices empowers users to streamline and accelerate the processing of invoices, take advantage of early payment discounts, eliminate late payments, reduce errors, increase financial reporting accuracy and re-deploy A/P staff to other functions. About Captiva 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 electronic forms, documents and transactions into the enterprise in a more accurate, timely and cost-effective manner. These products automate the processing of billions of forms, documents and transactions 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. InputAccel for Invoices is a trademark 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 the benefits of new products or market trends, 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; the difficulty of keeping expense growth at modest levels while increasing revenues. 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 described in Captiva Software Corporation's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. We assume no obligation and do not intend to update these forward-looking statements.