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Mayo Clinic Chooses Brainware to Automate Invoice Processing

Friday, February 22, 2008 General News
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ASHBURN, Va., Feb. 21 Brainware, Inc., an innovativeprovider of intelligent data capture and enterprise search solutions, todayannounced that Mayo Clinic, the largest integrated, not-for-profit grouppractice in the world, has adopted its end-to-end accounts payable automationsolution. Mayo Clinic will be using Brainware's intelligent data capture(A/P-distiller(TM)) and workflow management (WF-distiller(TM)) solutions toautomatically recognize and capture specific invoice information to feed intoMayo Clinic's back office accounting system.
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Mayo will use Brainware to cost-effectively optimize their accountspayable processing, giving them a single point of control over the entireprocess. The Brainware solution will significantly reduce manual dataprocessing and prevent costly errors. Additionally, accelerated invoiceprocessing will make it possible to take advantage of early payment discounts,while improved process transparency will help better manage cash flow andmaintain audit trails.
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"It is exciting to see our solutions adopted by Mayo Clinic, one of theworld's most respected healthcare services providers," says Carl Mergele,Brainware CEO. "It shows that our customers increasingly see the value of anintegrated approach to document processing. Brainware is responding to thisdemand by offering state-of-art data capture, workflow and search solutionsoperating on a single platform."

"Intelligent capture solutions are critical for automating high-volumebusiness processes such as accounts payable," says Melissa Webster, Program VPat IDC. "Wherever business processes move in and out of paper, there's atremendous ROI opportunity if you can automate. Capture is one of the fastestgrowing segments of the overall content management market."

About Brainware: Brainware, Inc. is an innovative provider of intelligentdata capture and enterprise search solutions that help Global 2000 companieseliminate costly manual data entry, rapidly process large volumes of documentsand retrieve data from across the enterprise. Its solutions were built fromthe ground up to manage unstructured data without templates, exactdefinitions, taxonomies or indexing. Headquartered in Ashburn, Virginia,Brainware maintains global sales and support operations through its NorthAmerican, 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, Pactiv,Reynolds & Reynolds, Shell, Southern Company, and many others. For moreinformation, please visit www.brainware.com.

SOURCE Brainware, Inc.
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