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Fortune 50 Corporation Goes Live with Brainware Distiller on World’s Largest Single Instance of SAP

Fully Integrated Solution Delivered in Less Than 100 Days from Project Kickoff

November 28, 2011, Ashburn, VA—Brainware, Inc., the market share leader for intelligent data capture, announced today that a Fortune 50 company—and one of Fortune’s 15 most admired companies in the world— has successfully deployed Brainware Distiller for accounts payable automation in their global shared services center.  This project was fully operational in less than 100 days of contracting with Brainware for invoice processing automation, and resulted in an immediate redeployment of 80% of the full-time manual data entry personnel previously being used to process this company’s 6 million invoices per year.

Following an unprecedented evaluation of technologies in the intelligent data capture market space, this customer selected Brainware Distiller over all others because of its unmatched ability to process accounts payable documents sight-unseen. Brainware’s experience in delivering invoice automation solutions to the largest companies in the world along with Distiller’s out-of-the-box extraction and validation performance made the project timeline achievable and the results undeniable.

“This company, which carries one of the most recognizable brand names on the planet, is leveraging Distiller’s powerful data extraction technology as a means to creating efficiency throughout the finance function,” said Carl Mergele, Chief Executive Officer at Brainware. “Their IT management did not believe that we could have Distiller up and running so quickly, but in a matter of weeks, the organization has already observed a clear return on investment, with faster processing times, greater accuracy, enhanced transparency, and the redirection of both human and financial resources towards other priorities.  That this customer has implemented our software as part of the largest single instance of SAP in the world demonstrates Brainware’s versatility in scaling to the needs of even the most complex operations, right out of the box.”

About Brainware, Inc.

Brainware, part of Perceptive Software, a Lexmark company (NYSE: LXK), 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. For more information, please visit www.brainware.com.

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