In the Netherlands, IS Projects selects I.R.I.S.' invoice recognition by IanKnott

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									                                                                                        PRESS RELEASE
                                                                         Louvain-la-Neuve, May 20, 2009


       In the Netherlands, IS Projects selects I.R.I.S.’ invoice recognition
          technology to automate De Telefoongids’ invoice workflow

Louvain-la-Neuve, May 20, 2009 – I.R.I.S. Group, a publicly traded company (Euronext Brussels: IRI),
market leader in Intelligent Document Recognition (IDR), Electronic Document Management (EDM) and
Optical Character Recognition (OCR) announced today that De Telefoongids automated their invoice
processing thanks to the successful implementation of I.R.I.S.’ invoice recognition technology by IS
Projects.

IS Projects is a software company based in 's-Hertogenbosch, The Netherlands, and specializing in
electronic invoice processing. The company focuses particularly on the development of workflow and
automatic matching functionality. When they were looking for a high-quality, user-friendly and
competitively priced solution for scanning and recognition to enable them to offer their customers
complete electronic invoice processing solutions, IS Projects chose I.R.I.S.’ invoice recognition application.

De Telefoongids’ facts & figures

Number of employees: 700
Accounting ERP: Exact Globe
Invoices per year: 12.000 purchase invoices
Number of users: 90

De Telefoongids BV, the editor of De Telefoongids & Gouden Gids, is a multimedia company which
possesses the largest and most complete database in the Netherlands with relevant information about
companies, products, services and people. That information is made available on the internet, on paper
publications and via mobile solutions.

While helping almost two million people find what they are looking for every day, De Telefoongids was
having increasing internal trouble with invoice traceability.

“The purchase invoice process was entirely manual, and invoice approval was taking up way too much
time. Also any question about the approval status of an invoice was very hard to answer; an invoice had to
travel back and forth between several people and it wasn’t always clear who was currently dealing with
it”, explains Project Manager Jan Willem Lubberhuizen.

“Before we made a decision as for a new invoice management system, some points were crucial for us, like
the ability for the scanner to recognize certain fields automatically, the good quality of the archive
function, and a flawless integration with our accounting ERP Exact Globe. IS Projects, with I.R.I.S.’ invoice
recognition application, scored high on all fronts, and gave us the control we wanted on our invoice
workflow.”
“We have automated our approval system related to products and services purchase orders. We don’t lose
invoices anymore and the people in charge always have full view on their own invoices. Other
departments, like credit control management, can also retrieve older invoices in a few clicks.”

I.R.I.S. & IS Projects’ partnership

IS Projects started working with I.R.I.S.’ invoices recognition technology in 2006. De Telefoongids is one of
the many IS Projects’ customers using the I.R.I.S. invoice capture solution; Asito, Fokker Elmo, Wolter &
Dros represent other successful implementations. Based on the success achieved to date, IS Projects has
made the strategic decision to sell I.R.I.S. invoice capture solution as its standard scanning and recognition
tool.

Scanning and recognition of incoming invoices is the fundamental first step in the whole Accounts Payable
process. IS Projects has created interfaces to various ERP packages such as SAP, but all of them
incorporate I.R.I.S.’ invoice recognition technology as the key first step in the value chain.

“The user-friendliness of I.R.I.S. invoice capture solution was a very positive advantage,” says Martijn
Delfgaauw, IS Projects Sales Director. “It’s a highly intuitive program that requires only the minimum of
training before it’s up and running.”

IS Projects deals with such a variety of clients that customized, highly specialized solutions are often called
for, which lead them to sit down with I.R.I.S. and create a special OEM version that was customized to IS
Projects’ unique requirements. “It was a great experience to sit face-to-face with the developers at I.R.I.S.
and see our requests implemented,” says Delfgaauw. “Most of our customers have fewer than 50,000
invoices per year. The total investment cost of an automatic invoicing solution is therefore highly
important. On that point, I.R.I.S. pricing helped us to make a positive business case.”

About I.R.I.S. - www.irislink.com

I.R.I.S.’ mission is to increase our customers’ productivity and knowledge through helping them better manage their
documents, data and information.
I.R.I.S. Products & Technologies develops technologies and products for Intelligent Document Recognition and
markets its portfolio on a worldwide basis through strong partnerships.
I.R.I.S. Professional Solutions enables companies and administrations to find in one company the innovative
expertise and hi-tech solutions to efficiently manage documents, information flows and IT infrastructure.

In 2008, the revenue of I.R.I.S. Group was 109.325.772 €.

I.R.I.S. has more than 600 employees based in Louvain-la-Neuve and Brussels (Belgium), Orly (France), Windhof
(Luxemburg), Amsterdam and Maastricht (The Netherlands), Aachen (Germany), Delray Beach (USA), Hong-Kong
(China) and Oslo (Norway).

Press contact:
Nicolas Moies-Delval
Press Relation Manager
I.R.I.S. Products & Technologies
Tel: +32 (0)10 487 513
Fax: +32 (0)10 453 443
nicolas.moies-delval@irislink.com

								
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