Kofax® Announces New Release And Rebranding Of Its Leading Automated Document Transformation Technology
Kofax Transformation Modules 3.5 Offers Industry's Most Complete Solution for Automated Document Classification and Data Extraction
Kofax plc (LSE: KFX), the leading provider of Intelligent Capture & Exchange solutions, today announced the launch of Kofax Transformation Modules, a new suite of applications for Kofax Capture, the world's leading information capture platform. Uniting powerful technologies from the company's Ascent Xtrata Pro and INDICIUS products under one re-branded platform, Kofax Transformation Modules offers the world's most complete and versatile solution for automated document classification and data extraction.
Designed to streamline the transformation of documents into structured electronic information, Kofax Transformation Modules automates the classification, sorting and separation of paper and electronic documents, then extracts and validates the data they contain. The product integrates seamlessly with Kofax Capture to provide transactional capture capabilities in a single, unified solution.
Kofax Transformation Modules 3.5 integrates new features that offer substantial improvements in document automation and electronic processing performance as well as enhance ease-of-use. Among these are new learn-by-example technologies for invoice extraction that require minimal training to implement and new data validation functionality that increases productivity for even the most complex forms and documents.
"Large organizations are looking for enterprise-level solutions to not only capture but also transform documents into actionable electronic data through a single-source platform that is easy to deploy and simple to maintain in order to achieve lower total cost of ownership," said Sameer Samat, Executive Vice President of Products at Kofax. "Kofax Transformation Modules integrates with Kofax Capture to offer the market's most advanced capture solutions for automating the processing of forms, invoices, correspondence and other document types."
By helping to eliminate manual processes, Kofax Transformation Modules enables organizations to enhance productivity while significantly reducing operating costs. In addition, users benefit from improved data processing speed, accuracy, capacity and security with sophisticated automation technology that captures, validates and delivers captured information quickly, efficiently and reliably.
"Manual document processing is expensive, time-consuming and prone to error," said Samat. "Kofax Transformation Modules allows knowledge workers to focus their efforts on tasks that add value to the company and for their customers."
Leveraged through Kofax Capture, Kofax Transformation Modules 3.5 is compatible with the widest range of document scanners, content and information management systems, workflow applications and databases. The solution is also scalable as needed to evolving user requirements and can be upgraded for additional volume or new features with no re-installation required.
Kofax Transformation Modules 3.5 combines with Kofax Capture to enable solutions based on the Kofax Intelligent Capture & Exchange concept, the centerpiece of the company's strategy to help organizations streamline business processes.
Kofax Transformation Modules 3.5 is now available.
About Kofax
Kofax plc (LSE: KFX) is the leading provider of Intelligent Capture & Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial services, manufacturing, retail, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1,200 authorized partners in the more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.
SOURCE: Kofax