May 8, 2012, LONGMONT, Colo. and SPRINGFIELD, Mo. – Parascript®, LLC, a leading machine print, handprint and cursive recognition technology provider, today announced that document capture and enterprise content management (ECM) integrator, Synapses Inc., has joined Parascript’s partner program as a Platinum Partner. Through the partnership, Synapses will offer Parascript’s FormXtra® technology integrated with its existing offerings to help companies in banking, insurance, healthcare, manufacturing and other industries to extract valuable business information—including name, address, demographic and other data—from forms. This information can, in turn, be indexed and more effectively used across organizations.
Synapses is a Microsoft® SharePoint® and Hyland OnBase® expert, drawing on over 30 years of document management and ECM expertise. It helps companies better manage information, from document creation, capture, access, workflow and escalations, to archival storage, compliance and disaster recovery.
The company will further expand its offerings to include forms processing by integrating Parascript’s flagship recognition software in its FormXtra technology. Parascript FormXtra recognizes hand print, machine print and cursive on forms and looks at entire words, individual characters (letters or numbers) and fields to increase read rates and improve accuracy in deciphering address, demographic, billing, and other information recorded on paper forms.
“At Synapses, we are happy to offer customers even more value in managing important content across their organizations through our partnership with Parascript. We were already familiar with Parascript’s FormXtra technology and knew it was the best choice to help us address customers’ data recognition and capture needs. The technology is so seamless and easy-to-use that people often don’t even know it is running until they see the results, which is great for us,” said David Vickers, director, business development at Synapses.
“Based on what we see in the industry, the majority of businesses would agree they still have a large source of information on forms that is not being tapped, from which they could otherwise greatly benefit,” said Dwayne Ritchie, vice president of sales and marketing at Parascript. “We are excited to be working with leaders like Synapses to make our technology more readily available to extract and capture that information and enable companies to further increase efficiency and benefit customers.”
About Parascript, LLC
Parascript delivers the world’s best Image Recognition Engine. Employing patented digital image analysis, handwriting analysis and advanced pattern recognition technologies, Parascript improves important business operations in areas like forms processing, medical imaging, postal automation, and fraud prevention. The powerful Parascript engine processes over 100 billion imaged documents per year. Fortune 500 companies, postal operators, major government, and financial institutions rely on Parascript products, including the U.S. Postal Service, Bell and Howell, Fiserv, Elsag, Lockheed Martin, NCR, Siemens, and Burroughs. Visit Parascript online at https://www.parascript.com.
Synapses is a Certified Microsoft SharePoint Services provider of departmental to enterprise wide solutions. With decades of experience in the Enterprise Content Management profession, Synapses can help companies to facilitate Information Lifecycle Management from document creation, capture, access, workflow and escalations; to archival storage, compliance and disaster recovery. Synapses’ award-winning team of certified professional consultants and technicians works closely with clients to best understand their business processes first, see how they can leverage current investments where possible, then propose a solution. For more, please visit: http://www.synapsesinc.com
Microsoft® SharePoint®, Hyland OnBase® and others listed are registered copyrights of their respective owners.