ASHBURN, Va., June 2 /PRNewswire/ -- Brainware, Inc., the innovative provider of intelligent data capture and enterprise search solutions, announced today that CORT Business Services, the nation's leading provider in rental furniture for offices and homes, has selected Brainware Distiller to automate its accounts payable processing. CORT, a Berkshire Hathaway company (NYSE: BRK.A and BRK.B), will consolidate A/P processing for over 60 distribution facilities located in every major U.S. market into a single shared services center using Brainware technology for invoice automation.
'Prior to Brainware, the A/P process at CORT has been entirely manual,' says Debbie Lansford, CORT Business Services' CFO. 'Invoices are sent to all of our individual locations for approval resulting in errors, delays, and lack of visibility into our payment obligations.'
As part of CORT's corporate strategy to streamline operations and target world class performance, they decided it was time to upgrade the A/P process and make it more sophisticated.
'In today's business climate, every good CFO needs to find new ways to manage working capital and cash flow,' explains Ms. Lansford. 'Brainware's technology is awesome, and by speeding processing will enable us to recognize significant early payment discounts while avoiding a lot of the errors associated with manual payment processing.'
'Brainware is excited to have CORT as our newest customer,' says Carl Mergele, Brainware CEO. 'This is a company that is aggressively addressing inefficiencies in its back-office operations during this time of economic uncertainty, so that they are strong now and even stronger as the country emerges from this recession. Brainware Distiller is an ideal fit for CORT because it will automate a labor-intensive process, creating instant value through increased control and process-level visibility.'
About Brainware: Brainware, Inc. is an innovative provider of intelligent data capture and enterprise search solutions that help Global 2000 companies eliminate costly manual data entry, rapidly process large volumes of documents and retrieve data from across the enterprise. Its solutions were built from the ground up to manage unstructured data without templates, exact definitions, taxonomies or indexing. Headquartered in Ashburn, Virginia, Brainware maintains global sales and support operations through its North American, U.K. and European offices. Brainware customers include Airbus, Alcon, Alltel, Amgen, Anadarko, BB&T, British American Tobacco, Gardner Denver, Halliburton, Her Majesty's Prison Service, HMSHost, JohnsonDiversey, Kimberly-Clark, KPMG, NHS/Steria, Newell Rubbermaid, Phillip Morris International, Reynolds & Reynolds, Shell, Southern Company, The Bank of New York Mellon/SourceNet, TriZetto, and many others. For more information, please visit www.brainware.com
About CORT: For more than 35 years, CORT has been the nation's leading provider in rental furniture for offices and homes. CORT supports transitions and temporary assignments through a broad range of rental relocation services. They can help businesses rapidly establish offices, relocate employees and contain costs. CORT has established the world's most extensive global network of furniture rental partners in more than 50 countries. CORT is on the General Services Administration (GSA) schedule and has more than 2,500 employees serving every major market. For more information about CORT, visit www.cort.com.
SOURCE Brainware, Inc.
