Two companies that have been fairly busy on the partnership front, have gotten together. Transactional content management (TCM)/imaging for SharePoint specialist KnowledgeLake has announced a partnership with invoice capture leader ReadSoft. Not sure of all the details yet, but it adds some serious invoice capture technology to KnowledgeLake’s portfolio. KnowledgeLake recently announced a partnership with Global 360 that will beef up its BPM capabilities, so all the pieces are being put in place for SharePoint-based invoice processing applications. ReadSoft U.S., which recently formalized a reseller strategy after years of focusing primarily on direct sales (and with Kofax’s increasing focus on direct sales, you might say they are attempting to seize an opportunity), has also recently done partnerships with Hyland Software and Altec.
KEY TAKEAWAYS Globally end customer organisations invested close to 7 Billion US$ into IDP solutions in 2023. The demand for IDP solutions grew at solid double digit rate compared to...
