Kofax has announced its largest single transaction for a robotic process automation (RPA) solution. The order totalled more than $US8 million from a top 10 global bank, and includes Kofax Kapow and Kofax TotalAgility to provide a comprehensive Robotic Process Automation (RPA) solution.

A long-standing Kofax customer, this financial institution will blend the capabilities of Kapow and TotalAgility to further its digital transformation initiatives on an enterprise-wide basis. By automating more than 2000 labour-intensive, manual legacy processes across all functional areas, the bank aims to improve employee productivity and foster better organisational performance.

Kofax Kapow is RPA software that allows users to deploy smart robots to mimic human actions and automate a wide range of manual, repetitive tasks while driving continuous improvements.  The architecture runs all robots on a centralised server and does not require a virtual desktop infrastructure.

These smart robots interact seamlessly with applications, aggregating data, transforming it into actionable information, triggering responses, and communicating across enterprise systems, web sites and desktop applications. Kapow robots can be implemented without complex coding or lengthy development cycles, accelerating project deployment and increasing ROI.

"We’re experiencing exponential interest and growth in all things related to RPA and digital transformation," said Reynolds C. Bish, Chief Executive Officer of Kofax.

"Our solutions are a natural fit for this bank’s forward-thinking strategy, offering a powerful combination of capabilities that will help improve customer satisfaction while streamlining operations and exploiting new business opportunities. This is our largest single transaction for a RPA solution to date and a significant indicator of what the Year of the Robot has in store for Kofax and our customers.”