Kofax launches Transformation Modules V. 6.0

As part of its Touchless Processing initiative, Kofax has announced Kofax Transformation Modules (KTM) Version 6.0, which automatically classifies, separates and extracts content from any document type, including structured, semi-structured and unstructured documents, to drive even greater automation for information intensive business processes.

The company reports KTM V. 6.0 delivers a new set of capabilities to automatically classify, separate and extract content from unstructured documents such as contracts, leases and other legal agreements, correspondence, medical reports and many others that previously required workers to review and manually key the content to be extracted. The new capabilities allow users to rubberband the content to be extracted in a limited set of sample documents, and then use that knowledge and self-learning techniques that improve results over time to automatically locate and extract the desired information.