BRAINWARE, INC. AN IAPP PARTNER, HAS BEEN NAMED a leader in end-to-end invoice processing automation in a report by PayStream Advisors. In PayStream's latest report, titled Optical Character Recognition (OCR) - Invoice Imaging and Data Capture for Accounts Payable, Brainware Distiller is described as "revolutionary technology for classifying, extracting and associating unstructured data." 

"Brainware is a leader in end-to-end invoice processing automation, offering image capture, classification, extraction, routing, exception handling, and full integration with ERP and ECM systems," says the report. "Its Intelligent Data Capture and enterprise search solutions eliminate manual data entry, retrieve data from multiple documents, and prepare it for exporting into mainstream back-office systems." 

"The market for intelligent data capture is really taking off," says Carl Mergele, Brainware's CEO. "The newest generation of data extraction technology provides levels of processing automation and benefits to A/P departments that simply weren't attainable before. Independent validation from PayStream Advisors and other firms is helping companies who are evaluating these solutions make the best choices and we’re proud to be a leader in this space.” 

The report, which is a part of PayStream Advisors’ Technology Insight Series, provides an in-depth market overview and analyzes different document imaging/data extraction approaches. The study is now available for download at www.paystreamadvisors.com. 

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, British American Tobacco, ConocoPhillips, Halliburton, Her Majesty’s Prison Service, JohnsonDiversey, Kimberly-Clark, KPMG, Mellon Bank/SourceNet, NHS/Xansa, Nestle, Reynolds & Reynolds, Shell, Southern Company, and many others. For more information, visit www.brainware.com. 

About PayStream Advisors
PayStream Advisors delivers unbiased, third-party market trend information, assessments of financial automation technology, and innovative ideas to business leaders in accounts payable, accounts receivable, consumer billing, finance and treasury, and health care.