Perceptive Software is a

business unit A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though ...

of Hyland Software, Inc. Hyland announced it
acquisition of Perceptive
in July 2017.

History

The company was founded in 1988 as Genesis Software and initially produced accounts payable software applications. The name changed to Perceptive Vision in 1995, when the company's focus shifted to document management, imaging and

workflow A workflow consists of an orchestrated and repeatable pattern of activity, enabled by the systematic organization of resources into processes that transform materials, provide services, or process information. It can be depicted as a sequence o ...

and its flagship product, ImageNow. The company became Perceptive Software in 2004 and was acquired by

Lexmark International Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multination ...

in 2010 for $280 million. Perceptive Software is one of the top 10 providers of ECM software technology in the world. In 2011,

Lexmark Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multination ...

purchased the Netherlands-based Pallas Athena in a cash transaction valued at approximately $50.2 million. The Dutch company became part of Perceptive Software. In March 2012, Lexmark International acquired Australia-based ISYS Search Software for $32 million and U.S.-based Nolij Corporation for $32 million. ISYS builds enterprise search solutions, and Nolij develops web-based document imaging and workflow software. In January 2013, Lexmark acquired Minnesota-based Acuo Technologies for $45 million. Acuo Technologies develops medical imaging document management software. In March 2013, Lexmark announced acquisitions of AccessVia and Twistage for a combined purchase price of approximately $31.5 million. In late August 2013, Lexmark signed an agreement to acquire Germany-based Saperion AG, a leading developer and provider of enterprise content management (ECM) and business process management (BPM) software in Europe, for a cash purchase price of approximately $72 million. In early October 2013, Lexmark acquired PACSGEAR, a leading provider of connectivity solutions for medical image management and electronic health records, for a cash purchase price of approximately $54 million. PACSGEAR will report into Perceptive Software. In November 2014, Lexmark acquired the Swedish company ReadSoft, a leading provider in capture solutions and especially in invoice processing fully integrated in SAP. In March 2015, Lexmark announced an agreement to acquire (technically merge with) Kofax Limited for approximately $1 billion (US). Kofax and Perceptive will constitute a Lexmark Enterprise Software unit, but specific organizational details have not been announced. In May 2017, Lexmark entered into a definitive agreement to sell the Perceptive business unit to

Hyland Software Hyland Software is the developer of the enterprise content management (ECM) and process management software suite called OnBase. Applications of the suite are used in healthcare, financial institutions, insurance, government, higher education and ...

. On July 10, 2017, Hyland finalized its acquisition of the Perceptive Business Unit of Lexmark International, Inc. All enterprise software business assets in the Perceptive business unit, including Perceptive Content (formerly ImageNow), Perceptive Intelligent Capture (formerly Brainware), Acuo VNA, PACSGEAR, Claron, Nolij, Saperion, Pallas Athena, ISYS and Twistage, will now operate under Hyland’s portfolio of products.

Products

The product focus for Perceptive Software is enterprise content management (ECM), business process management (BPM), and document output management (DOM) software technology and

applications Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a c ...

. Core components of this software are document and

records management Records management, also known as records and information management, is an organizational function devoted to the management of information in an organization throughout its life cycle, from the time of creation or receipt to its eventual dispos ...

, document imaging, enterprise information management, eForms, and records and information management (RIM). The company’s business applications automate back office processes such as accounting and financials, human resources, contract management, payroll, legal and compliance. Key industries currently using Perceptive Software’s ECM applications include higher education, customer service, healthcare, government, and financial services.

Awards

Perceptive Software has been named a Computerworld Honors Laureate, and president and CEO Scott Coons has received the

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewat ...

Entrepreneur of the Year award. The Kansas City Business Journal honored Perceptive Software with its "Hall of Champions" award in 2010. Employees voted it one of

Kansas City The Kansas City metropolitan area is a bi-state metropolitan area anchored by Kansas City, Missouri. Its 14 counties straddle the border between the U.S. states of Missouri (9 counties) and Kansas (5 counties). With and a population of more th ...

's "Best Places to Work" in 2004, 2005, 2006, and 2007. Additionally, the Kansas City Business Journal named Perceptive Software a Champion of Business in 2010.

Trivia

The company's previous global headquarters located in Shawnee, Kansas, included a slide between the second and first floors and a regulation dodgeball court. In 2006, the company hosted its first Dodge for a Cause charity dodgeball tournament to benefit the Juvenile Diabetes Research Foundation (JDRF). The charity tournament became an annual event, raising more than $160,000 for JDRF over 10 years' time.

References

{{reflist, refs= {{cite journal, last=Alyson, first=Raletz, title=Apple co-founder rolls into Perceptive Software on a Segway, journal=Kansas City Business Journal, date=3 February 2012, accessdate=3 February 2012, url=http://www.bizjournals.com/kansascity/news/2012/02/03/apple-co-founder-rolls-into-perceptive.html?ana=e_pft&page=all {{cite journal, title=Lexmark International buys Perceptive Software for $280M, journal=Kansas City Business Journal, date=21 May 2010, url=http://www.bizjournals.com/kansascity/stories/2010/05/17/daily49.html, accessdate=21 May 2010 {{cite journal, last=Alyson, first=Raletz, title=Perceptive Software's global growth brings local jobs, journal=Kansas City Business Journal, date=10 February 2012, url=http://www.bizjournals.com/kansascity/print-edition/2012/02/10/perceptive-softwares-global-growth.html {{cite web, title=Lexmark acquires Pallas Athena, url=http://www.prnewswire.com/news-releases/lexmark-acquires-pallas-athena-132040058.html, publisher=PR Newswire, accessdate=18 October 2011 {{cite journal, last=Alyson, first=Raletz, title=Perceptive Software absorbs two more technology companies, journal=Kansas City Business Journal, date=19 March 2012, url=http://www.bizjournals.com/kansascity/news/2012/03/19/perceptive-software-absorbs-two-more.html, accessdate=19 March 2012 {{cite web, last=Sara, first=Stroud, title=End the Paper(less) Chase, url=http://campustechnology.com/articles/2010/01/01/end-the-paper.aspx, publisher=Campus Technology, accessdate=1 January 2010 {{cite web, last=Ann, first=McClure, title=Streamlining Admissions: Opening the Front Door, url=http://www.universitybusiness.com/article/streamlining-admissions-opening-front-door, publisher=University Business, accessdate=1 August 2008 {{cite journal, last=Suzanna, first=Stagemeyer, title=People power: Perceptive Software finds key to happy clients: Hire right employees, journal=Kansas City Business Journal, date=18 May 2008, url=http://www.bizjournals.com/kansascity/stories/2008/05/19/focus14.html?page=all, accessdate=18 May 2008 {{cite web, last=Mark, first=Thompson, title=Enterprise Content Management -- Going paperless can save more than trees, url=http://www.energycentral.com/utilitybusiness/riskandoperations/articles/2270/Enterprise-Content-Management-Going-paperless-can-save-more-than-trees/, accessdate=15 April 2010 {{cite journal, last=Jonna, first=Lorenz, title=Luncheon honors area's best businesses, journal=Kansas City Business Journal, date=12 May 2011, url=http://www.bizjournals.com/kansascity/blog/2011/05/luncheon-honors-areas-best-businesses.html, accessdate=12 May 2011 {{cite journal, last=Todd, first=Natenberg, title=Perceptive's awareness delivers steady growth, journal=Kansas City Business Journal, date=10 February 2008, url=http://www.bizjournals.com/kansascity/stories/2008/02/11/story5.html, accessdate=10 February 2008 {{cite journal, last=Jonna, first=Lorenz, title=Kansas City Business Journal's 2010 Champions of Business, journal=Kansas City Business Journal, date=30 April 2010, url=http://www.bizjournals.com/kansascity/blog/2010/04/kansas_city_business_journals_2010_champions_of_business.html?page=all, accessdate=30 April 2010 {{cite journal, last=Caroline, first=Boyer, title=Perceptive: where the action is, journal=Shawnee Dispatch, date=29 March 2006, url=http://www.shawneedispatch.com/news/2006/mar/29/perceptive_where_the/?print, accessdate=26 July 2018

History

Products

Awards

Trivia

References

External links