Nov
08
2018
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Abbyy looks to RPA to breathe new life into scanning and workflow

Abbyy has been around for a long time helping companies with scanning and workflow tools, but like many older vendors it has been looking for ways to extend its traditional business model. One way to do that is by teaming up with robotics process automation companies like UIPath. Today, the company announced it has launched the Abbyy FlexiCapture Connector in the UiPath Go! App store.

Bruce Orcutt, senior vice president for product marketing at Abbyy, says the connector provides the ability to pull content into UIPath or to take Abbyy content and push it to another part of the automated workflow in UIPath.

UIPath is on a tear these days. Just two months ago, it scored a $225 million Series C investment on a $3 billion valuation. It was able to grow from $1 million to $100 million in annual recurring revenue in just 21 months. As I wrote at the time of the funding, “[UIPath] allows companies to bring a level of automation to legacy processes like accounts payable, employee onboarding, procurement and reconciliation without actually having to replace legacy systems.”

Orcutt sees a natural connection to his company’s workflow roots, bringing it into a more modern context. “RPA simplifies the user experience. Abbyy brings content and context,” he told TechCrunch. He says that while they are still doing OCR to scrape unstructured content, it can do this in fully automated digital process and UIPath can take that content and move it through other parts of an automated workflow.

For Abbyy, UIPath is a big partner, but it’s part of a broader strategy to expand the company’s capabilities to RPA. He says they are working with a variety of RPA vendors beyond UIPath and also with systems integrators as they look to breathe new life into the company’s brand and products.

Orcutt says this is part of a significant focus and investment on the part of the company. RPA is clearly a natural fit for Abbyy, but he wasn’t willing to speculate on any deeper partnership. “We’re focusing on what we can do the best we can, and they can focus on merits of their platform. Abbyy can complement those capabilities.”

Jul
19
2017
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Clara Labs nabs $7M Series A as it positions its AI assistant to meet the needs of enterprise teams

 Clara Labs is announcing a $7 million Series A led by Basis Set Ventures. Slack Fund also joined in the round, alongside existing investors Sequoia and First Round. The startup will be looking to further differentiate within the crowded field of email-centric personal assistants by building in features and integrations to address the needs of enterprise teams. Read More

Jul
11
2017
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Abstract launches as the versioning system of record for design

 Sales teams have Salesforce. Engineers have GitHub. But designers have always had slim pickings. Abstract, launching today, is a workflow platform and system of record built for designers to solve the debilitating frustrations of the design process. The company is targeting Sketch users out of the gate, with ambitions to accommodate the whole gamut of visual file types. Read More

Mar
30
2017
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HelloSign moves into digital workflow with new HelloWorks product

 HelloSign, founded in 2011, has been best known to this point as an e-signature company, but today it announced something a bit more substantial, a new product called HelloWorks, which allows the company to move into workflow, digitizing processes that involve complex forms. For many years now, HelloSign CEO Joseph Walla said, the way we moved paper processes into the digital realm was… Read More

Mar
23
2017
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Lystable takes $10M top-up to tackle freelancer payments

 Lystable, a startup that makes a workflow management platform aimed at businesses needing to manage lots of freelancers, has topped up its Series A again — this time with an additional $10 million, which founder and CEO Peter Johnston says will be used to fund a change of business model with a payments focus. Read More

Sep
10
2016
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After more than a decade, the fire still burns for Box CEO Aaron Levie

Aaron Levie at TechCrunch Disrupt Box CEO Aaron Levie has been at it for more than a decade. For a guy barely past 30, that means it’s all he’s done professionally for his entire adult life. You could forgive him if he were thinking about another challenge, but even after all this time, the fire still clearly burns for Levie. When I asked him about possibly getting bored in an in-person interview this week at… Read More

Sep
06
2016
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Besties IBM and Box create a workflow tool for regular folks

employee fixing sticky notes on a glass screen When Box praised its partnership with IBM at its earnings call last week, it was holding one card close the vest. The two companies had been working on a new workflow tool, and today they announced Box Relay ahead of the BoxWorks customer conference this week in San Francisco. Workflow tools fall under the realm of Business Process Management (BPM) in the enterprise.… Read More

Jan
25
2016
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Workato Chat Bot Brings Enterprise Workflow Into Slack

Businessman tossing apps out of a smartphone. As we head into 2016, enterprise chat applications like Slack are suddenly a hot commodity, and if you’re inside chat a good portion of the day the argument goes, you should be able to access other work without leaving the chat client. This is exactly what Workato’s newly announced chat bot, Workbot, is designed to do. Chat bots are small programs that integrate with a chat… Read More

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