Kofax plc, the provider of document driven business process automation solutions, announced that Ricoh Europe has joined the Kofax Global Partner Program as a Platinum Partner and value added reseller (VAR).
Ricoh Europe will resell Kofax’s portfolio of document capture software solutions and maintenance and professional services as part of its imaging and solutions business. The new agreement expands Kofax’s presence to customers throughout Europe, the Middle East and Africa (EMEA).
Ricoh is a specialist in office solutions, managed document services and production printing. As part of the Kofax Global Partner Program, Ricoh Europe joins more than 700 Kofax channel partners worldwide.
“We’re impressed with the resources, personnel and focus Kofax dedicates to its partners and are pleased to become a Platinum Partner,” said Emma Isichei, Director, Advanced Solutions Centre, Ricoh Europe. “This alliance will help us to support our customers to transform their business processes through a document capture platform.”
“This alliance and our Global Partner Program further demonstrate our commitment to providing customers worldwide with enterprise document capture solutions that reduce costs, increase efficiency and deliver a tangible ROI,” said Alan Kerr, Executive Vice President of Field Operations at Kofax. ***
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Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
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