Autonomy Cardiff Accelerating Leadership in Accounts Payable Automation

Fully-Integrated Workflow, Imaging and OCR Solution Leads Market in Transaction and Process Management

CAMBRIDGE, England and SAN FRANCISCO , September 26 /PRNewswire-FirstCall/ -- Cardiff , a division of Autonomy Corporation plc (LSE: AU. or AU.L) and leading provider of intelligent document solutions, today announced further momentum of its automation solution for accounts payable. Its strength in the Transaction and Process Management segment of the Software Capture market is shown in its ranking in the top five vendors of the independent worldwide study of the Capture Software industry conducted by leading market analyst firm, Harvey Spencer Associates (HSA).

"The document and information capture markets continue their rapid growth and accounts payable automation is currently one of the leading applications driving the growth in the transaction and process management sector," said Harvey Spencer , principal of Harvey Spencer Associates Inc. " Cardiff continues to be a market leader in transaction and process management with its unique capabilities to combine paper and electronic processes seamlessly. Cardiff is proving how it can apply this strength in a breadth of markets."

HSA published this information in the latest Software Document Capture Vendor report and presented the findings at the Capture 2007 Conference this month. Also included in this study is the anticipated growth of the Software Capture market to nearly $2.5 billion by 2010.

By providing the only seamless solution for handling the on-ramping and processĂ‚­ing of both electronic and paper-originated invoices into the same accounts payable workflow, the Cardiff Intelligent Document Solution for Accounts Payable allows organizations to reduce operating costs and accelerate processes. For paper-originated invoices, this solution autoĂ‚­matically captures, identifies, extracts - using OCR - and validates key data elements from invoices. Once effectively digitized, these images and their data follow the same workflows as their electronically-originated counterĂ‚­parts, providing maximum throughput and efficiency.

" Cardiff was founded as a company dedicated to transactional information capture and business process management. Accounts payable automation is a highly process-oriented problem where workflow automation is as important as information capture," says Mark Seamans , CEO of Cardiff . "In order to provide the right solution for customers, a vendor must have equally strong business process management and information capture capabilities. Cardiff's Intelligent Document solution melds paper invoice processing with electronic invoice and workflow automation in a way that does not disrupt existing systems, but rather complements and extends them to provide substantial time, resource and cost savings."

The cornerstone of the Cardiff Intelligent Document solution is its comprehensive Business Process Management (BPM) capabilities which include workflow, modeling, reporting, rules, auditing and management. With Cardiff , customers can easily automate the workflow of difficult to solve problems such as non-PO invoices. In addition, Cardiff includes a full eForm and portal solution that enables the creation of secure portals where vendors can input and view order and invoice related information directly, completely bypassing paper stages and reducing vendor support overhead.

The Cardiff Intelligent Document suite automates all aspects of both paper-based and Web-based document-centric business processes. Cardiff delivers significant cost reduction, accelerated processes and an improved customer experience by taking formerly static documents and enabling them to 'process themselves' through the introduction of embedded intelligence.

About Cardiff

Cardiff (http://www.cardiff.com) is a leading provider of software for intelligent document solutions that unify people, paper and process. Cardiff enables organizations to capture information from paper and electronic sources and to manage the process behind the form by embedding intelligence and enabling better visibility and control. As a result, businesses reduce operational costs, provide a rich customer experience and ensure compliance to organization and government regulation. Cardiff serves more than 8,000 customers worldwide, including many in the financial services, pharmaceutical, healthcare, education, government and manufacturing industries. Cardiff is an Autonomy Group company (LSE: AU. or AU.L).

About Autonomy

Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, information risk management solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.

Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Kraft Foods, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 400 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Satyam, Sybase, Symantec, TIBCO, Vignette and Wipro. The company has offices worldwide.

The Autonomy Group includes: ZANTAZ, the leader in the archiving, e-Discovery and Proactive Information Risk Management (IRM) markets; Cardiff , a leading provider of Intelligent Document solutions; etalk, award-winning provider of enterprise-class contact center products and Virage, a visionary in rich media management and security and surveillance technology.

Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.

For more information on Cardiff's Intelligent Documents solutions, please visit http://www.cardiff.com.

SOURCE Autonomy Corporation plc



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