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Kofax Transformation Modules

Enterprise Document Classification and Document Extraction

Kofax Transformation Modules (KTM) is a suite of add-on applications for Kofax Capture that streamline the transformation of documents into structured electronic information, ready for delivery into business processes. It replaces manual, error-prone and expensive document sorting and data entry processes with automatic document classification, separation and data extraction.

By leveraging Kofax’s world-beating intelligent document recognition technologies that can classify, separate and extract any document, regardless of type, content or format, Kofax Transformation Modules allows you to leverage a single solution to automate all your document driven business processes and achieve rapid payback.

What are the benefits to using Kofax Transformation Modules?

Kofax Transformation Modules are the most complete and versatile document classification and data extraction offering on the market today – they can process hand-printed and handwritten forms, invoices, checks, correspondence and any other document type on a single platform – and offer unparalleled business benefit to users worldwide. Kofax Transformation Modules feature unique document classification, separation and extraction technologies that yield high accuracy even on the most complex documents – ROI is guaranteed and is typically achieved within 12 months.

Reduced Cost
By removing the need for manual document classification, separation and data extraction organizations can drastically reduce their operational costs – the higher the level of automation, the greater the reduction. With Kofax Transformation Modules, users achieve high levels of automation on any document type. One customer, a major European mobile phone service provider, achieved a 98% field recognition rate for invoices for its top vendors and consequently a 90% automatic booking of invoices in SAP without manual intervention. ROI with Kofax Transformation Modules is guaranteed, usually within 12 months – one customer, a global provider of personal banking services, achieved a ROI processing credit applications and supporting documents in only 3 months.

Increased Speed
Manual document classification, document separation and data extraction is time-consuming, tedious, and a poor use of knowledge workers’ time. By automating these processes, Kofax Transformation Modules allows knowledge workers to focus their efforts on value-adding tasks such as customer service or query resolution. Speed of processing is also increased.

Improved Performance and Increased ROI
Kofax Transformation Modules feature powerful learn-by-example technologies for classification, separation and extraction that can be configured more quickly and cheaply than traditional rules based methods. Then, as documents are processed in a production environment, on-line learning can be used to ‘teach’ the system characteristics of problem documents so they are processed automatically in future, increasing ROI – no IT skills are needed.