Kuwait Petroleum Selects Brainware for P2P Automation

Organization Replaces Existing Technology with Brainware's Intelligent Data Capture

Jan 04, 2010, 08:00 ET from Brainware, Inc.

ASHBURN, Va., Jan. 4 /PRNewswire/ -- Brainware, Inc., an innovative provider of intelligent data capture and enterprise search solutions, today announced that Kuwait Petroleum in North West Europe (Q8) has selected the company's Brainware Distiller(TM) solution for the processing of invoices from its fuel and service stations throughout Europe. This solution displaces a less integrated document capture product.

Q8 will leverage Brainware's intelligent data capture solution to automatically extract and validate complex header and line-item data from invoices in six different languages: English, French, Dutch, German, Polish and Czech. Brainware Distiller also seamlessly integrates with Q8's existing SAP Enterprise Resource Planning (ERP) system and will enable Q8 to access real-time key performance indicators pertaining to suppliers and related invoices.

Q8 decided to implement Brainware Distiller after facing challenges with its previous document processing solution. "We were only able to achieve low rates of extraction from our prior invoice processing solution, which resulted in too much manual correction of invoices and also required significant resources to manage templates," said Johan Innegraeve, director of finance and IT for Q8. "After conducting a proof of concept with Brainware, we recognized that Brainware's Distiller solution required far less reliance on our technical staff and also provided exceptionally high extractions rates right out of the box that will enable us to truly automate our invoice processing."

"Q8 quickly recognized the extent to which Brainware Distiller will help its organization capture previously unrealized financial benefits," explained Carl Mergele, chief executive officer at Brainware. "By virtually eliminating manual data entry, cash cannot escape the department via missed early payment discounts and late payment penalties."

Kuwait Petroleum International refines and markets fuel, lubricants and other petroleum derivatives to a diverse customer base across Europe. The company's network consists of more than 4,000 Q8 branded service stations and extends across seven European countries - Italy, Spain, Sweden, Denmark, Holland, Belgium and Luxemburg.

About Brainware

Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, BB&T, bioMerieux, British American Tobacco, Continental Airlines, CORT, Gardner Denver, Halliburton, Her Majesty's Prison Service, Johns Manville, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/Steria, Newell Rubbermaid, Phillip Morris International, Reynolds & Reynolds, Rockwell Automation, Shell, Southern Company, Sun Chemical, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com.

SOURCE Brainware, Inc.