Andrew Anderson has joined DocAcquire as Chairman

London 2021 – DocAcquire, the UK based intelligent document processing (IDP) software company, has secured support from serial technology entrepreneur, Andrew Anderson who joins the board as Chairman.

With a market size expected to reach $4.1 billion by 2027, IDP plays a significant part in the broader intelligent automation ecosystem. Over 80% of enterprise data is locked within unstructured formats and enterprises face many challenges trying to unlock the meaning from their data.

Andrew Anderson has built and exited a number of software companies. Following his management buyout of Redrock software plc he acquired DGTEch to merge and create Celaton software in 2005 which he exited in 2019. With over fifteen years of experience in the IDP market, he understands what drives value for enterprises and investors.

“I am excited to join Ashik and his team at this exciting stage of the journey.” said Andrew Anderson “Ease of deployment and the ability to handle complex unstructured formats are of paramount importance to an effective IDP solution and this is where DocAcquire excels, it provides our customers and partners with a competitive advantage.”

As a native cloud application, DocAcquire provides the universal hub that unlocks the critical value buried within the unstructured documents received every day from customers, suppliers, employees, by post, paper, fax, email, social media, and other electronic document streams.

Ashik Wani, CEO and founder of DocAcquire said “We’re delighted to bring on board Andrew Anderson – such an experienced and successful entrepreneur. We want all organizations to benefit from document workflows that are frictionless and with Andrew onboard, we’re extending our global reach and enabling more customers to choose DocAcquire.”