FormVerse provides a email-based business process
automation (BPA) solution embedded in Microsoft Outlook that enables the rapid automation of business processes in a fraction of the time and at a fraction of the cost of legacy solutions. FormVerse’s patented technology adds structured forms and workflow capabilities to Outlook, enabling organizations to leverage email as an agile and ubiquitous BPA tool.
The majority of business processes in organizations are performed using paper forms, fax, and electronic forms attached to emails. Employees often have to switch applications to carry out business processes (e.g., from email to an ERP/CRM module, or to a workflow application) which is inefficient, resulting in wasted time/resources/money, and poor responsiveness.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 11/12/10 | Seed | 0.2M | Unknown | |
| 03/23/12 | Convertible Debt | 0.1M | Unknown |