For Immediate Release
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Logica Chooses Brainware Distiller for Order-to-Cash Processing
Global BPO to Process Millions of Transactions in Europe
December 14, 2009, Ashburn, VA —Brainware, Inc., an innovative provider of intelligent data capture and enterprise search solutions, today announced that Logica (LSE: LOG; Euronext: LOG), a leading IT and business services company has selected Brainware Distiller™ for order-to-cash (O2C) processing across Europe. With Brainware Distiller, Logica expects to handle five million O2C transactions annually.
“After analyzing the market, we recognized that there was a dearth of solutions to help customers efficiently integrate their O2C operations and ensure the accuracy of their order and billing data. Traditional, manual methods for processing orders, are plagued by significant data inaccuracies, leading to problems such as incorrect shipments and significant delays in the issuance of corresponding invoices,” said Glenn Inniss, head of finance & procurement services for Logica. “By incorporating Brainware Distiller into our operations, we are creating great value for customers. Distiller eliminates manual data entry, reduces processing errors attributable to master data inaccuracies, accelerates order and bill processing, and makes the entire process more efficient both for the end customer and Logica.”
Brainware Distiller is one of the cornerstones of Logica’s automated, end-to-end O2C process. As orders are received, Brainware Distiller reads and classifies the documents, extracts specific data fields and line item detail, and then validates it against ERP systems. Once this process is complete, orders are passed for processing via Brainware’s system. The rapid turnaround in order entry speeds up the issuance of sales invoices, ultimately improving Logica’s customers' cash flow.
“We are seeing significant growth in the number of BPOs around the globe who are turning to automation to improve their service to end customers,” said Carl Mergele, chief executive officer at Brainware. “Logica recognized that this approach will yield better margins, driving money to its bottom line.”
Logica is a leading IT and business services company, with 40,000 employees. It provides business consulting, systems integration, and IT and business process outsourcing services. Logica works closely with its customers to release their potential - enabling change that increases their efficiency, accelerates growth and manages risk.
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, bioMérieux, British American Tobacco, Continental Airlines, CORT, Gardner Denver, Halliburton, Her Majesty’s Prison Service, Johns Manville, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/Steria, Newell Rubbermaid, Phillip Morris International, Reynolds & Reynolds, Rockwell Automation, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com. |