BancTec’s CenterVision® Document Processing Solution Raises The Bar—Again

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BancTec introduces the latest version of its transactional content management platform, CenterVision.

The concept of the digital mailroom has been around for many years, but there have been multiple obstacles preventing its widespread adoption

BancTec, a global provider of advanced, high-volume, document and payment processing solutions and services, has launched the latest version of its CenterVision transactional content management platform.

Updates extend CenterVision’s control and processing capabilities to provide better end-to-end tracking of information, from when it enters the organization up to the relevant line of business processing. This capability, combined with advanced service level agreement (SLA) monitoring, places organizations in full control of their inbound information, ensures timely delivery of critical data to the appropriate business process, and reduces processing costs. Other updates include:

  •     Full life-cycle management of inbound physical paper documents, from receipt to registration, preparation, scanning, batching, storage and destruction. Better control of physcial documents increases mailroom productivity, reduces operational costs, and improves client service. The life cycle management capability enables the registration, tracking and control of different levels in the hierarchy of document containers (i.e., boxes, folders, envelopes).
  •     Support for Long Term Archiving (LTA) for future retrieval of electronic documents, extracted data and performance statistics. Easily configurable with standard tools, LTA offers automatic control of the retention and destruction of relevant documents.
  •     Straight through processing of electronic documents, faster exception processing and comprehensive, easy-to-set quality checking criteria. These enhanced features reduce the cost and time to process transactional content, while still ensuring its overall quality and integrity.
  •     Enhancements to knowledge worker and keying operator environments, thus enhancing solution usability and user productivity. Configuration tools have also been updated with more options and better user interfaces to reduce customization and deployment time and effort.    

“The concept of the digital mailroom has been around for many years, but there have been multiple obstacles preventing its widespread adoption,” said Ralph Gammon, editor and publisher of the Document Imaging Report. “With CenterVision, BancTec has addressed many of these challenges, and the product’s ability to register, track, process and archive incoming mail streams will enable organizations to take better advantage of technological advances to improve their incoming mail operations. CenterVision’s comprehensive set of capabilities will enable many mailrooms to make the jump into the 21st century.”

Visit BancTec’s forum for in-depth analysis and discussion on transactional content management and digital mailrooms at transactionalcontentmanagement.blogspot.com.

About BancTec
BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes for clients in the financial services, healthcare, manufacturing, government, services and utilities industries. BancTec's offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas, BancTec serves clients in 50 countries. For more information on how BancTec can help you optimize information management, visit http://www.banctec.com or call 1-800-BANCTEC.

Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts are “forward-looking statements” describing BancTec's objectives, targets, plans, strategies, costs, anticipated capital expenditures and expected cost savings. These statements represent BancTec’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company’s control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in the Company’s Registration Statement on Form S-1, as amended, initially filed with the Securities and Exchange Commission on August 8, 2007. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.

For BancTec:
Ross Coulter
214-366-0090
ross.coulter (at) banctec.com

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