Top Image Systems to open Australian Subsidiary

Top Image Systems to open Australian Subsidiary
11.09.2014 01:00 am

Top Image Systems to open Australian Subsidiary


Top Image Systems, Ltd. (NASDAQ:TISA), a leading ECM (Enterprise Content Management) and BPM (Business Process Management) solution and MIP (Mobile Imaging Platform) provider announces the launching of TIS Australia in response to the growing business and market demand for TIS’ products and services in the region.

For over a decade Top Image Systems has partnered with a local Australian company ASI to sell and deploy its solutions in Australia.  During this time the Company managed its business from the company’s regional headquarters in Singapore while maintaining full-time TIS sales representatives and in the last two years also a General Manager, Mr. Matthias Holm, in Australia.  To better support our existing customers and partners, to strengthen our local base and to expand our foothold in the region, Top Image Systems decided to form an Australian subsidiary jointly owned with our partner ASI.

 Over the years many Australian businesses, including government agencies, financial institutions, Business Process Outsourcers and Shared Service Centers have chosen TIS’ eFLOW as their preferred document capture platform.  After working with TIS for some ten years via a pay-per-use subscription model, a leading global BPO active in Australia reached the decision to strengthen its relationship with TIS and signed a prepaid license agreement for its expanding volume of capture activities.  This BPO will expand its eFLOW business to new areas thanks to the platform’s robustness, scalability, flexibility, dependability, powerful automation and easy to use GUI tailored to the needs of a BPO.  Going forward, this BPO is considering the new eFLOW5 SUPERVISE module which highly benefits BPOs by letting them easily monitor and measure different SLAs for different customers.

“We are very enthusiastic about the prospects of growing our business in the Australian market,” commented Alex Toh, Managing Director, TIS APACJ. “We expect not only to expand our market share in the industry sectors in which we are present already, but also to gain presence in new markets with our growth products such as MobiCHECKMobiPAY andeFLOW CrowdBridge for data validation in the crowd and new cloud-based solutions we plan to introduce in the future.  In alignment with the implementation of our global strategy to make our broad solution set available in all regions, we expect TIS Australia to grow rapidly and diversify our business in the continent.”

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