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Israeli enterprise solutions co. launches Australian subsidiary

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Wednesday, September 17th, 2014

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Leading Israeli enterprise solutions company, Top Image Systems (TIS), is responding to the growing business and market demand for their products and services in Australia by announcing the launch of TIS Australia and a new regional office. TIS provide solutions around Enterprise Content Management (ECM), Business Process Management (BPM) and are a Mobile Imaging Platform provider (MIP).

In the past TIS has employed local Australian company ASI as its distributor in the Australian market, managing its business from their regional headquarters in Singapore. They have now formed a subsidiary jointly owned with ASI to “better support existing customers and partners, strengthen [their] local base and to expand [their] foothold in the region” (TIS 2014).

The company’s press release states that numerous Australian businesses have chosen to use their eFLOW platform to capture documents, and that a prepaird license agreement signed with a leading global BPO in Australia means it will be able to expand its volume of capture activities.

“We are very enthusiastic about the prospects of growing our business in the Australian market,” commented Alex Toh, Managing Director, TIS APACJ. “We expect not only to expand our market share in the industry sectors in which we are present already, but also to gain presence in new markets with our growth products such as MobiCHECKMobiPAY and eFLOW CrowdBridge for data validation in the crowd and new cloud-based solutions we plan to introduce in the future.  In alignment with the implementation of our global strategy to make our broad solution set available in all regions, we expect TIS Australia to grow rapidly and diversify our business in the continent.”

This article was based on TIS’ press release as published here: http://www.topimagesystems.com/news-a-events/press-releases/1024-top-image-systems-launches-subsidiary-in-australia