Brainware's Accounts Payable Automation Solution Receives Oracle Certification

Date : 05/05/2008 @ 11:44AM
Source : PR Newswire
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Brainware's Accounts Payable Automation Solution Receives Oracle Certification

ASHBURN, Va., May 5 /PRNewswire/ -- Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, today announced that its AP-distiller(TM) solution (Distiller) has been certified for integration with Oracle E-Business Suite.

"We made the investment in Oracle certification to demonstrate our commitment to the Oracle user-community," says Carl Mergele, Brainware CEO. "By offering Oracle customers a powerful alternative to costly, manual data entry and template-based invoice processing solutions, Distiller will help finance executives drive significant cost out of their AP operations."

Distiller is Brainware's automated Accounts Payable processing solution, used by Global 2000 companies to process hundreds of millions of invoices. Built from ground up to handle unstructured data, the scalable, template-free, document-agnostic solution routinely enables over 90% field extraction rates (including line item details) "right out-of-the-box" and continues to improve automatically as it "learns" by example. In addition to yielding industry-leading extraction rates, Distiller includes a full suite of functions for truly "touch-less" invoice processing, including: 2- and 3-way matching, approval routing, GL coding, KPI monitoring, and reporting.

For more information on A/P-distiller, please visit our website: http://www.brainware.com/.

About Brainware: Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, BB&T, British American Tobacco, ConocoPhillips, Halliburton, Her Majesty's Prison Service, JohnsonDiversey, Kimberly-Clark, KPMG, Mellon Bank/SourceNet, NHS/Xansa, Nestle, Reynolds & Reynolds, Shell, Southern Company, and many others. For more information, please visit http://www.brainware.com/.

DATASOURCE: Brainware, Inc.

CONTACT: Yegor Kuznetsov, Director, Analyst & Media Relations, Brainware,

Inc., +1-703-948-5878,

Web site: http://www.brainware.com/

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