	"Formic performed brilliantly for our international partners. In Seville, the software processed 2,000 assessments in under 2 hours – so I was able to announce the results at the closing session that same evening." KEN SALMON, EVENT DIRECTOR, XEROX

Partners

Formic's International Partner Program is designed to build fewer, carefully selected and committed partner relationships whose overall objective is to achieve incremental revenue and profit from working together.

The vision for Formic is to be able to capture data from any input device (paper, internet or tablet), validate this data and then automatically route it to the appropriate back end system. This strategy positions Formic at the juncture of two strong areas of growth. Firstly the high growth rate in Intelligent Document Recognition technologies and secondly the increased deployment of mobile solutions and take up of associated mobile data services. Formic’s Software and Partner Program enables partners to capitalise on these exciting areas of opportunity: -

Strategy Partners expect the market for Document and Data Capture solutions to be worth £2.1bn in FY08
According to Strategy Partners the Worldwide Market for IDR (Intelligent Document Recognition) is growing at in excess of 50% per annum
Gartner estimate that there will be in excess of three billion subscribers to mobile date services by 2010

Formic Fusion in particular offers partners a unique offering to take to their clients and the market:-

Fusion is an ideal Partner Product as:-

Formic systems eliminate data capture bottlenecks, reduce the cost of gathering data and speed up the supply of information to critical business applications.
The software is highly interoperable and so is immediately ready to exchange data with other systems. This is made possible through the Application Programming Interface (API) or via bespoke connectors, for example, to SAP.
All three Fusion systems share the same platform. This scalable architecture makes it easy to upgrade clients as and when they require additional functionality.
Fusion’s single information capture platform will process paper forms, electronic forms and paper documents simultaneously. You don’t need to invest in separate systems for each document format that you want to process.
The user interface is instantly familiar to Microsoft users, simple and easy to use – great for client acceptance.
Furthermore, as one of the leading providers of Intelligent Document Recognition solutions, Formic offers Partners a well-known brand in the marketplace.Formic’s strategy is to recruit a relatively small number of Partners so that the highest level of support can be given to all Partners. The structure of the Partner Program gives Partners the opportunity to progress through the levels of the program to increase the overall margin percentage of their Formic business.

Interested in becoming a Formic Business Partner?

Anna Muskett – Partner Manager, UK: anna.muskett@formic.co.uk

Jo Barker – Partner Manager, UK: jo.barker@formic.co.uk

Chris Brice – Sales Director, UK: chris.brice@formic.co.uk

PARTNERS LINKS >

Partners