This strategic merger delivers extensive value to both organizations, as well as their customers and partners. The Sypht team and product set will gain dedicated resources, investment and focus to deliver new products and features to the market faster. The Sypht customer base will benefit from additional development expertise to support their current and future needs by developing the specific solutions that will enable their growth.
KwikTag will enhance their AI and machine-learning data extraction capabilities within their
“This is an extremely exciting day for Sypht and all of our customers around the globe as we announce our merger with enChoice, one of the world’s leading technology and digital transformation companies,” says Warren Billington, CEO of Sypht. “The Sypht AI platform delivers real and measurable business value for our customers every day, and as we continue to innovate and grow, we identified an opportunity to work with the enChoice team, ultimately resulting in the merger we’re announcing today that will enable us to deliver even stronger solutions to our customers and partners.”
“We are absolutely committed to the Sypht customer base and the ongoing enhancement of the product set,” adds Mike Fernandes, VP of Products for enChoice. “The addition of Sypht technology to the KwikTag product line will quickly and significantly expand the feature set of the intelligent invoice processing that is part of the AP automation solutions which are widely adopted in the mature and growing Microsoft Dynamics market. Our goal is to continue to improve and modernize the way all of our customers do business.”
The united solutions will enable customers to:
- Accelerate their AP process with intelligent online OCR and reduce invoice processing time from weeks to minutes
- Significantly improve data extraction accuracy and minimize manual data entry across invoices and other critical financial documents
- Increase AP process visibility from end-to-end, saving time and providing peace of mind for customers that their data is accurate and secure
enChoice is committed to helping organizations on their digital transformation journey. The company is excited to welcome the Sypht team and customers to the enChoice family. We look forward to a future of powerful products that exceed our customers’ expectations.
About enChoice
The enChoice family of companies delivers enterprise and mid-market enterprise content management (ECM) solutions to a global market. KwikTag, a member of the software division of enChoice, Inc. was founded in 1997 and is a proven leader in
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About Sypht
Sypht was founded in 2018 as a partnership of BPAY Group and Boston Consulting Group Digital Ventures with this mission – to unlock the value of the world’s hidden information and turn documents into data, insights and business value. Sypht provides AI and machine learning data extraction to deliver actionable information, which improves productivity and visibility while reducing risk. Now serving a global market, Sypht joins the enChoice family of companies to expand in technology depth and customer applications, while continuing to diligently support their customers and partners.
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