TIS Streamline Gambling and Entertainment Group’s Accounts Payable

Tel Aviv, Israel – May 12, 2010 –Top Image Systems, Ltd. (TIS) (Nasdaq: TISA; TASE: TISA), the leading innovator of intelligent document recognition, announced today its eFLOW 4.5 has been selected to streamline the accounts payable functions of a gambling and entertainment group.

TIS’ eFLOW technological platform replaces a cumbersome, paper-based manual process, which was running over several locations and departments and lead to inefficiencies and inconsistencies in policies and procedures.

TIS’ eFLOW automates the company's accounts payable process by automatically capture and recognize 180,000 supplier invoices per year, provide the approval procedures through the workflow, and deliver the data to its Oracle ERP finance system. Through this automated process, eFLOW utilizes the full potential of the investment the customer has already made in its Oracle ERP system.

“The processing center was established in the company's headquarter in just two months and shortly after they saw direct savings from the reduction in headcount within the accounts payable team, as well as indirect savings from the increased efficiency within the business in the use of on-line services.” said Dr. Ido Schechter, CEO of TIS.

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