Perceptive Capture Chosen by Asbury Automotive Group for Cloud-Based Automation of Accounts Payable
Date: October 31 2012
SHAWNEE, Kan. – (31 October 2012) Perceptive Software, creator of process and content management products and solutions, announces that Asbury Automotive Group, one of the largest automotive retailers in the U.S., has selected Perceptive Intelligent Capture, powered by Brainware, for the efficient automation of invoice processing at its Dealership Support Center outside of Atlanta. The solution, which will be delivered via a Software-as-a-Service (SaaS) model, was chosen following an extensive evaluation of available automation solutions.
Asbury selected Perceptive based on a demonstration of the technology’s capabilities for high rates of field data extraction and touchless processing of purchase order-based invoices. While the initial implementation is limited to the Capture-enabled automation of accounts payable, opportunities are being explored for applying the technology to other document-based processes.
“A cloud-based delivery makes Perceptive’s document processing and retrieval platform more accessible and easier to implement than ever before,” said Carl Mergele, Executive Vice President and General Manager of Perceptive Capture (formerly Brainware). “Automation with intelligent data capture offers an immediate productivity boost in AP processing, provides for easy approvals and troubleshooting, and enables users to eliminate manual keying while focusing more resources on strategic, value-added work. We are proud to support Asbury Automotive Group as they continue to transform their document processing operations into a model of transparency, accuracy and efficiency.”
Asbury Automotive Group, Inc. (NYSE: ABG), headquartered in Duluth, Ga., is one of the largest automotive retailers in the U.S., with 2011 revenues over $4 billion. Built through a combination of organic growth and strategic acquisitions, Asbury now operates 77 retail auto stores, encompassing 97 franchises for the sale and servicing of 28 different brands of American, European and Asian automobiles. For more information, please visit www.asburyauto.com.
About Perceptive Software (www.perceptivesoftware.com)
Perceptive Software, a Lexmark company (NYSE: LXK), builds enterprise content management and business process management software to help organizations fuel greater operational efficiency. Organizations around the world rely on Perceptive Software ECM and BPM solutions to optimize business processes and give users the most relevant information to make the most effective decisions at any point in the process, wherever they are.