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Kofax acquires Softpro, developers of SignDoc

Editorial Type: News     Date: 09-2014    Views: 2729   






Kofax has acquired Softpro GmbH, a leading provider of signature verification, fraud prevention and electronic signature software and services.

SignDoc, Softpro's electronic signature software, offers both click-to-sign and physical signature capture via mobile and other devices, signature verification and fraud detection, is available for on premise or cloud deployments and currently processes over 200 million electronic signatures annually.

Forrester Research reports, "Electronic signatures are gaining momentum due to rapidly evolving consumer technology and the need to reduce transaction costs and the time to close business. Electronic signing is becoming simpler, more accessible, and cheaper with more tablets and touchscreen computers. The recent connection of e-signature capabilities to improving customer experience also accelerates adoption. As a result, enterprise architects should include e-signature as part of an overall enterprise content management (ECM) and business process management (BPM) strategy, making it a foundational technology along with records management, eDiscovery, and other content services used across all lines of business."

Reynolds C. Bish, Chief Executive Officer of Kofax, said: "Softpro has established itself as a trusted solution provider with many of the world's largest banks as well as leading financial institutions, retailers and government agencies in more than 50 countries. Its software offers enhanced capabilities to Kofax customers who want to embed it within their smart process applications, thus making the First Mile of customer interactions even smarter."

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