ABBYY has formed a strategic partnership with Altec. Under this new alliance, ABBYY will customize its data capture products and integrate them with Altec's Doc-link 2.5 IDM system. As a result, Doc-link 2.5 customers can now use ABBYY FormReader with FlexiCapture technology to scan and extract data from forms or documents, such as invoices or contracts, and automatically export that data to Altec Doc-link for management.

"Altec leads in providing mid-market users with enterprise-grade document management solutions that integrate closely with their accounting systems," said Dean Tang, president and CEO at ABBYY USA. "The typical cost barriers for forms processing in this market segment are greatly reduced through this alliance. By working together, ABBYY and Altec can provide a comprehensive solution at an SMB-friendly price."

In addition, the ABBYY FlexiCapture Studio will be made readily available to Altec's reseller partners, enabling them to add automated and accurate data capture and forms processing to their offerings. ABBYY FlexiCapture Studio extends the capabilities of ABBYY FormReader and its FineReader Engine SDK. The tool helps to extract data from semi-structured forms and documents, such as invoices, claim forms, resumes, contracts, or loan documents. It is designed to help developers, VARs and integrators who want to expand their business and supply their clients with reliable and effective data capture solutions.

"Altec's accounting and ERP customer base are interested in leveraging the benefits of intelligent data capture as part of their Doc-link solution," said Brandt Morrell, president and COO at Altec. "ABBYY's innovative solutions provide the ease of use and accuracy to meet these demands. Partnering with ABB YY offers an integrated and affordable forms solution to our Doc-link partner channel as well as the end user community"

Doc-link is designed to enable users to archive information, process through workflow, and retrieve and research document transactions from the desktop, thereby increasing productivity and improving communications with customers, vendors and employees. Altec's Doc-link document imaging and workflow solutions are tightly integrated with Microsoft Dynamics, Sage, Epicor and the SAP Business One accounting and ERP solutions. Paper intensive processes such as Accounts Payable, Accounts Receivable and Sales Order Processing can be automated through these integrated Doc-link solutions.