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Vereco Acquired By Stella Point Capital

socalTECH

Laguna Niguel-based Vereco , a hospital and healthcare document management provider and outsourcer, has been acquired by private equity investor Stella Point Capital. Vereco, which was foudned in 2011, provided on-site personnel for hospitals and healthcare systems, offering up managed document services. Vereco was advised by B.

Capital 100
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Kofax: Now Processing More Than 1.1M Mortgages A Year

socalTECH

Irvine-based document capture and automation systems developer Kofax announced this morning that it hs products are now being used to process more than 1.1 kofax mortgage document processing mobile capture' million mortgages--or approximately 375 million pages--in the U.S. READ MORE>>.

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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Document processes and build online training videos so new people can come online quickly and consistently. Attract and relish investor funding.

Tips 135
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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

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Kofax Wins BPO Firm

socalTECH

Irvine-based Kofax , the developer of document capture products, said earlier this week that it has been selected by an un-named, leading business process outsourcing (BPO) firm. The company's products will be used for scanning and processing approximately 58 million mortgage applications and loan documents each year.

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10 Keys To Enabling Your Startup For Unicorn Growth

Startup Professionals Musings

Outsource what is non-strategic to optimize leverage. Smart entrepreneurs never outsource their core competency, and never rely on intellectual property they don’t own. Document processes and build online training videos so new people can come online quickly and consistently. Attract and relish investor funding.

Startup 154
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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.