Business process management product provider Kofax plc has released Kofax MarkView for Accounts Payable 8.0, a secure mobile offering for the automated capture and processing of accounts payable information.

The new product was designed to enable customers to use the cameras in mobile devices to capture, view, manage and approve information from receipts and invoices within a secure chain-of-custody that includes AP processes and workflows. Once captured, an image cannot be altered or tampered with and does not remain on the mobile device.

Kofax MarkView for Accounts Payable automates the receipt and capture of paper and electronic invoices, extracts relevant data from that content, perfects it and then manages the information into workflows for routing transactions through exception handling and approval processes.

“Kofax MarkView for Accounts Payable addresses the most critical accounting functions facing organizations today – confirming, approving and paying invoices,” said Kofax chief marketing officer Martyn Christian. “Secure mobile functionality puts AP review and approval capabilities directly in the hands of the user, wherever located, which significantly speeds processes and provides better cash management. The benefits of a more timely and interactive mobile AP solution are apparent and invaluable.”

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