I.R.I.S. Joins The Institute of Financial Operations as a Gold Partner for 2013

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Leading provider of ‘Content to Process’ technologies aligns with membership organization.

Our organization values the opportunity to align with companies like I.R.I.S. that have a depth of expertise in innovative offerings which can improve the efficiency of our members’ processes.

The Institute of Financial Operations is proud to announce a 2013 gold partnership with I.R.I.S., a company recognized for its innovative and award-winning solution platform IRISXtract™ for Documents. The technology helps automate business processes through efficient document management.

The Institute offers four levels of partnership — strategic, diamond, gold, and silver — for sponsors that are committed to the membership association’s core financial operations disciplines, which include accounts payable, accounts receivable, information management, and data capture.

“I.R.I.S. is a product and technology developer, as well as a professional solutions provider,” said Jo E. LaBorde, executive director of The Institute. “Our organization values the opportunity to align with companies like I.R.I.S. that have a depth of expertise in innovative offerings which can improve the efficiency of our members’ processes.”

This global company provides its clients with an entire intelligent document recognition solution platform for document classification and data extraction. IRISXtract™ for Documents automatically classifies documents arriving from various in-boxes and transfers extracted data to business process applications. Types of documents a company receives through incoming mail, everything from invoices to orders and delivery notes, are identified to extract data where necessary. Relevant data is then available in the respective department almost immediately and can be processed accordingly.

I.R.I.S. cooperates with an international network of partners that value not only the state-of-the-art technology that fulfills their diverse needs, but also the excellent partnership I.R.I.S. offers.

“The technological world is changing fast,” I.R.I.S AG CEO Günter Hensges said “Our goal is to offer a strong portfolio of innovative and flexible document management solutions that fulfill the needs of companies completely, today and tomorrow. We’ve understood that business process optimization starts in the digital mailroom. Our partners and their clients value our solutions as they generate significant business benefits.”

About The Institute of Financial Operations

The Institute of Financial Operations is a membership-based professional association serving the entire financial operations ecosystem, with a particular focus on the accounts payable and accounts receivable disciplines and the related fields of information management and data capture. The Institute grew out of the merger of four associations: International Accounts Payable Professionals (IAPP), International Accounts Receivable Professionals (IARP), the National Association of Purchasing and Payables (NAPP), and The Association for Work Process Improvement (TAWPI).

Based in Orlando, Fla., with affiliates in the U.S., Canada, and the UK, The Institute serves as a global voice, chief advocate, recognized authority, acknowledged leader, and principal educator for people in financial operations. The Institute has a community of nearly 70,000, which includes 9,000 members and customers, and an additional 61,000 financial operations professionals.

The Institute’s members have access to benefits and leading-edge resources such as the award-winning Financial Ops magazine, a dynamic re-engineered website, educational and networking events, online educational offerings, certification and certificate programs, career resources, and volunteer opportunities. For more information, visit http://www.financialops.org.

About I.R.I.S.

Image Recognition Integrated Systems (I.R.I.S.) is a leading provider of ‘Content to Process’ technologies. I.R.I.S. offers solutions for automatic invoice and order processing, human resources, and supplier records as well as case management in legal, healthcare, and finance sectors. I.R.I.S. provides technologies and solutions that capture data and information contained in documents which are relevant to business processes. The goal is to make the data easily available while reducing operating costs.

I.R.I.S. has a headcount of more than 600 employees working in Louvain-la-Neuve and Brussels (Belgium), Aachen (Germany), Orly (France), Windhof (Luxembourg), Amsterdam and Maastricht (The Netherlands), Delray Beach (Florida/USA), Hong-Kong (China), Oslo (Norway), Hellerup (Denmark) and London (UK).

The company is headquartered in Belgium and was founded in 1987. I.R.I.S is listed at the Euronext in Brussels and generated revenue of 121.3 million euros in 2011.

The Products & Technologies division is responsible for developing and selling solutions for document classification and data extraction. These solutions are based on the award-winning solution platform IRISXtract™ for Documents. Particularly in the area of automatic invoice processing, I.R.I.S. established a leading position in the market.


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