Xerox (XRX) Forays Into Reseller Agreement With TISA

Business process and document management company, Xerox Corporation XRX, recently entered into a global reseller agreement with Top Image Systems, Ltd. TISA - innovator of intelligent content processing solutions, to give customers end-to-end automation solutions for industry-specific, content-driven processes.

TISA and Xerox have had business relationships for more than a decade and together they aim to deploy successful outsourcing and document management solutions. These solutions will enable Xerox in large enterprises to improve the day-to-day effectiveness and streamline content-driven tasks, such as customer onboarding, manual data entry, claims administration and invoice processing. The strategic move by the company is to bring to its customers the most innovative workflow automation technologies available in the market.

Xerox continues to drive value in enterprises throughout all sectors by automating information-driven business processes. The workflow automation offerings are likely to enable greater productivity through digital transformation and thus, augment revenues.

Headquartered in Norwalk, CT, Xerox is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world. Xerox is intensely focused on improving its services margin and implementing restructuring actions and prioritizing investments to accelerate benefits in the future quarters. The company remains committed to its strategy that is centered on operational excellence, global growth and cost transformation.

Xerox currently has a Zacks Rank #2 (Buy). A couple of stocks that look promising and are worth a look now include comScore, Inc SCOR, having a Zacks Rank #1 (Strong Buy) and Acacia Research Corporation ACTG, having a Zacks Rank #2.

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