Top Image Systems Ltd. (NASDAQ: TISA) and Open Scan said they have established a partnership for Open Scan to embed Top Image Systems´ mobile image processing applications in its new mobile payment and remittance capture solution.
Top Image Systems will provide a mobile remittance solution based on its existing MobiFLOW technologies which, together with Open Scan´s Dynamic Receivables software, will allow companies to capture both payments and remittance advices in one electronic envelope, remotely deposit the funds, and automatically apply the cash against their open receivables.
The partnership with Open Scan will enable TIS to widen the distribution of its mobile applications in the US via a leading supplier of financial workflow automation, accounts receivable, and accounts payable software.
Open Scan is a leader in financial workflow automation, including accounts receivable and accounts payable, allowing end users to do what it used to take entire departments to accomplish.
Top Image Systems is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Its website is at http://www.TopImageSystems.com.