Ephesoft Transact logo

Ephesoft Transact

by Ephesoft
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SoldAvailable globallyCloudOn-premise
Quick facts
VendorEphesoft
Year launchedN/A
StatusSold
LocationEphesoft 870 Corporate Woods Parkway Vernon Hills, Illinois 60061
Countries servedGlobal
Languages3
Integrations8+
Free tierNO
Free trialYES
Contact salesYES

About Ephesoft Transact

Ephesoft Transact is an intelligent document processing (IDP) platform that uses AI and machine learning to automate data extraction from digital and physical documents.

Ephesoft, now part of Kofax (which has rebranded to Tungsten Automation), offers Ephesoft Transact, an intelligent document processing (IDP) platform. It is designed for enterprises looking to automate document-heavy workflows. The platform leverages AI and machine learning to classify documents and extract data, reducing manual data entry and improving accuracy. Key use cases include invoice processing, claims automation, loan processing, and digital mailroom management. Ephesoft Transact is available as a cloud-based or on-premise solution and provides APIs and connectors for integration with existing ERP, ECM, and RPA systems. While the company was acquired, the product name 'Transact' is still prominent. Pricing is not publicly listed and requires a demo or sales contact. Support options include documentation and a partner portal.

Pros & Cons

Pros
  • Automates data extraction from various document types, including handwritten ones.
  • Offers solutions for specific industries like banking, insurance, and government.
  • Provides both cloud and on-premise deployment options.
  • Integrates with major enterprise systems like ERP and RPA.
Cons
  • Pricing information is not publicly available and requires contacting sales.
  • The company has been acquired, which can sometimes lead to changes in product direction or support.
  • The original product URL for 'elius' is a 404, indicating it is not a current product.

Features

Key features

Intelligent Document Processing (IDP)

Extracts important data from digital and physical documents using data capture technology.

Document Classification

Automatically categorizes different types of documents to streamline processing.

Data Extraction

Uses AI and machine learning to pull specific data points from unstructured and semi-structured documents.

Workflow Automation

Automates document-centric processes like invoice processing, claims processing, and customer onboarding.

API and Connectors

Integrates with various enterprise systems such as ERP, ECM/BPM, and RPA platforms.

Additional features

Handwriting Extraction

Capable of processing and extracting data from handwritten documents.

Invoice Processing

Specialized capabilities for automating accounts payable by extracting invoice data.

Loan Processing

Automates the collection and processing of documents for mortgage and loan origination.

Mailroom Automation

Digitizes and routes incoming mail to the appropriate departments or workflows.

Cloud and On-Premise Deployment

Available as a cloud-native solution (Transact Cloud) or for on-premise installation.

Records Digitization

Assists in converting large archives of physical records into searchable digital assets.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
3
Interface languages
14
Billing currencies

Interface languages

EnglishGermanFrench

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇸🇬SGD🇮🇳INR🇲🇽MXN🇳🇿NZD🇷🇺RUB

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