Kofax is efficient and beneficial

Kofax is used by all departments of the company. Accounts Payable, Accounts Receivable, and Contract Administration. By using Kofax, Accounts Payable is able to catalogue and sort all of checks and wire confirmations through different criteria and parameters. It can sort by vendor, by date, by type of document, and by source. At Accounts Receivable, it allows for quick and simple reconciliation of all bank deposits and it also recognizes payments by checks or wires from different clients and vendors. At contract administration, it is able to recognize through barcodes and through different algorithms where the documents belong depending on the type of document it has scanned.