The name changed to Perceptive Vision in 1995, when the company's focus shifted to document management, imaging and workflow and its flagship product, ImageNow.

[citation needed] In March 2015, Lexmark announced an agreement to acquire (technically merge with) Kofax Limited for approximately $1 billion (US).

The company’s business applications automate back office processes such as accounting and financials, human resources, contract management, payroll, legal and compliance.

[16] Perceptive Software has been named a Computerworld Honors Laureate, and president and CEO Scott Coons has received the Ernst & Young Entrepreneur of the Year award.

[18] The company's previous global headquarters located in Shawnee, Kansas, included a slide between the second and first floors and a regulation dodgeball court.

[19] In 2006, the company hosted its first Dodge for a Cause charity dodgeball tournament to benefit the Juvenile Diabetes Research Foundation (JDRF).