Kofax has announced Version 4.0 of its Transformation Modules, which intelligently automate the classification, sorting and separation of paper and electronic documents, and then extract and validate the accuracy of the information they contain.

The company reports Version 4.0 fully integrates Kofax’s Xtrata Pro and INDICIUS technologies into a single, unified platform with added and improved capabilities. Kofax says a key benefit of Kofax Transformation Modules 4.0 is "learn-by-example" technology that automates the classification and extraction of information from any form or document type. By feeding sample forms or documents into the system, customers can "train" the software to recognize the form or document type and the specific location of business critical information contained therein. This also results in greater cost savings, accelerated deployments and less costly maintenance and provides more cost-effective applications with shorter ROIs, claims Kofax.