Intervate acquiries Calabash ID -improving Finance solution capabilities

Intervate Solutions, an enterprise information management (EIM) solutions provider with a key focus on document capture and automation, has acquired the business operations of Calabash Integration and Development (Calabash ID).

Calabash ID is a dynamic information technology company and Kofax Gold Partner, providing business solutions and applications in the accounts payable (AP), enterprise content management and document imaging space.

“Calabash ID have extensive experience and understanding of the AP space as well as strong technical abilities gained from the implementation of many successful projects. This, coupled with their Kofax alignment, perfectly complements Intervate’s existing capabilities, allowing us to better meet the needs of our customers,” says Mpumi Nhlapo, Director and head of the Imaging and Capture Solutions business unit at Intervate.

Intervate’s AP solutions streamline the labour-intensive process of capturing invoices, resulting in increased efficiencies. The solution, built on Kofax technology, provides a single funnel to consume paper and electronic invoices, automatically extract and validate invoice data, and queue invoices for payment in the ERP system. The improved processes and reduced time results in greater accuracy and reduced operating costs for finance departments.

“Intervate welcomes the Calabash ID team and customers into the Intervate Imaging and Capture Solutions business unit and looks forward to the improved service and support that the combined organisations can provide,” adds Nhlapo.

Intervate will be hosting an event, in conjunction with KPMG, to discuss trends in the South African finance market and showcase accounts payable automation solutions. The event will take place in Cape Town on 19 April, and in Johannesburg on 24 April. For more information or to register, contact Talia Farber: taliaf@intervate.com.