Global Media Conglomerate Selects Brainware Distiller

Will Leverage Intelligent Data Capture to Streamline and Automate Shared Services

June 8, 2011, Ashburn, VA —Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, announced today that a major U.S.-based media and entertainment conglomerate—a Global 500 corporation, with 2010 revenues exceeding $30 billion—has selected Brainware Distiller for increased efficiency and transparency in accounts payable shared services. Distiller will interface with the customer’s SAP ERP system to streamline the processing of invoices, while Brainware’s Visibility module will provide business intelligence, on-demand metrics and analytics to supplement the company’s finance process optimization initiatives.

This contract represents the culmination of months of extensive due diligence by the customer, during which Brainware’s technology was evaluated against a wide landscape of competitive offerings. As part of this evaluation, a Brainware project team was tasked with demonstrating the software’s capabilities using the customer’s own invoices; despite having never seen these invoices previously, Distiller delivered 95% field extraction immediately, right out of the box.

The customer also noted Distiller’s potential as a driver of efficiency and visibility beyond the accounts payable space, creating opportunities to boost productivity within a number of document-based processes across the enterprise.

“Even with laborious, costly preparations that place a considerable burden on customers, no other data capture provider can match the superior field extraction and straight-through processing rates Distiller delivers right out of the box,” said Carl Mergele, Chief Executive Officer at Brainware. “The customer observed these capabilities firsthand and understood that Distiller’s line-item capture and reconciliation agility, in addition to its scalability to any number of financial operations currently restricted by slow, error-prone manual data entry routines, offered a compelling ROI in terms of both efficiency and control.”