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Kofax Gets Win With Apartment Provider

Irvine-based Kofax, a provider of document capture software, said Thursday that the firm has signed on Oakwood Worldwide, a provider of corporate apartments and temporary housing as customer. Kofax said that Oakwood has implemented the firm's invoice processing system as part of an effort to automate processing of utility bills. Financial terms of the win were not released. Kofax said that Oakwood processes tens of thousands of utility bills each month from more than 25,000 temporary housing residences and furnished apartments.