PLANO, Texas, June 16, 2015 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (Nasdaq: TISA ), a global innovator of intelligent content processing solutions, today announced that the Company is sponsoring a speaking engagement and a booth at IOFM's Order-to-Cash / Payments Summit being held from June 17 – 19, 2015 at the Fairmont Chicago Millennium Park Hotel in Chicago, IL.
The Order-to-Cash & Payments Summit is a collaboration of two events coming together as one, bringing together two different groups of attendees. The Payments Summit focuses on corporate, bank managers, and strategists involved with payment processing operations, treasury, cash management, accounts receivable, and accounts payable, while attendees visiting the Order-to-Cash Summit are focusing more on accounts receivable management strategies and best practices. TIS' financial process automation experts will be at Booth #1 ready to discuss best practices in AP and AR processing and to demonstrate our solutions featuring:
- Fast & cost effective financial process automation
- Remittance lockbox item processing
- Document storage in the cloud
- End-to-End AP Automation on-premise and/or in the cloud
- Vendor Portal capability
- Advanced multichannel and mobile image capture technology
- Mobile Enrollment, Check Deposit and Bill Pay solutions
In addition, TIS warmly welcomes Summit participants to attend the presentation in Track C entitled " Financial State of Health? Take a Receivables Checkup" being delivered by Gordon Sellers, TIS' VP Strategy and Product Management on Thursday, June 18th from 2:30 – 4:20 pm. Receivables are the lifeblood of any enterprise, and efficient receivables processing is critical to every company's financial health. The "2014 Receivables and Payments" survey conducted by IOFM and sponsored by TIS shows that many companies have not yet implemented electronic payments and AR solutions. Attendees are invited to hear more details from this report to benchmark their own performance against the state of AR across enterprises looking to improve their AR state of health.
"TIS's high-performance multichannel and mobile financial process automation solutions serve finance executives and shared services teams at leading enterprises like Bosch, Titan Lenders, CNH, UPS and Bank of the West," stated Bob Fresneda, President, TIS Americas. "We are enthusiastic about sharing the success these companies are having and about joining the dialog on how technology can resolve capture, AP, AR and payment issues through our participation in these important IOFM events."
Attendees are invited to Booth #01 to learn more about our financial process automation and mobile image processing solutions and to discuss their specific invoice and receivables processing objectives. To schedule an appointment with our experts in advance, please send an e-mail to TIS-US@topimagesystems.com .
About Top Image Systems
Top Image Systems™ (TIS™) Ltd. is a leading innovator of enterprise solutions for capturing and validating structured and unstructured content entering organizations from various sources and managing content-driven business processes. Whether originating from mobile, electronic, paper or other sources, TIS solutions automatically capture, process and deliver content across enterprise applications. TIS' flagship eFLOW platform and diverse business process and mobile image processing solutions are marketed in more than 40 countries through a multi-tier network of distributors, system integrators, value-added resellers and strategic partners. Visit the company's website at http://www.TopImageSystems.com for more information.
Top Image Systems Caution Concerning Forward-Looking Statements
Certain matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results expressed or implied in those forward looking statements. Words such as "will," "expects," "anticipates," "estimates," and words and terms of similar substance in connection with any discussion of future operating or financial performance identify forward-looking statements. These statements are based on management's current expectations or beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially including, but not limited to, risks in product development, approval and introduction plans and schedules, rapid technological change, customer acceptance of new products, the impact of competitive products and pricing, the lengthy sales cycle, proprietary rights of TIS and its competitors, risk of operations in Israel, government regulation, litigation, general economic conditions and other risk factors detailed in the Company's most recent annual report on Form 20-F and other subsequent filings with the United States Securities and Exchange Commission. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
TIS Press Contact: Shelli Zargary Director of Corporate Marketing and Investor Relations +972 3 767 9114 TIS Investor Contact: James Carbonara Regional Vice President, Hayden IR + 1 646 755 7412
