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NEWGEN Participates at
the HP Partners Connect Meet
NEWGEN
emerged as one of the key HP partners to participate at the HP Partners Connect
recognition program organized in Chiang Mai, Thailand, in February 2006.
The
meet was a unique business opportunity for the HP partners, both channel
partners and Independent Software Vendors (ISV) partners to interact with
top executives and decision-makers, to collaborate for exploiting future
opportunities. It was a platform for ISV partners who were keen to
triangulate with HP Value Partners, across multiple countries in APJ, to
extend their reach through the HP Ecosystem.
Out of
the four exclusive ISVs that were extended the invite by HP, from APAC
region, NEWGEN was one of the coveted partners from India.
Mr.
Punit Jain, VP Sales and Marketing represented NEWGEN at the prestigious
meet. NEWGEN showcased its product suite consisting of OmniFlow, OmniDocs,
OmniReports and Cheque Truncation System (CTS). NEWGEN garnered much of the
attention at the event.
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NEWGEN Participates at
Banking Technology 2006
Distinguished
delegates and representatives from premier banks and financial institutions
& companies along with leading IT solutions providers in Banking and
Financial Services domain congregated in February, in Mumbai, to
participate in one of the most respected events for India's banking and
financial services sector.
NEWGEN
actively participated at the event and demonstrated its world-class BPM,
Workflow and Cheque Truncation solutions. The conference focused on
discussing and addressing the challenges faced by the banking and financial
industry, and the future demands they have to meet in the form of adopting
new technologies, addressing security concerns, forging alliances, ensuring
more productive workforce and delivering better value to customers.
The
event was organized by TFCI, and Indian Banks' Association (IBA).
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NEWGEN sponsors
eGovernance Summit
NEWGEN
took a further step in its initiative on e-governance by co-sponsoring the
9th National eGovernance Conference, held at Kochi, Kerala.
The conference
provided a unique opportunity to experts from the government departments
and technology solution providers to discuss various challenges faced in
the implementation of eGovernance projects.
Mr. Punit
Jain, VP, Sales and Marketing, NEWGEN, gave a presentation on the
capabilities of NEWGEN BPM solution in accelerating eGovernance. He also
shared valuable knowledge that NEWGEN has acquired over the years while
implementing eGovernance projects in India, and across developing
countries.
NEWGEN submitted
case studies for two of its prestigious eGovernance projects- Outsourcing
of Payment Collection and Automation of Estate Office, Chandigarh and
implementation of Workflow based Document Management System at GSFC,
Gujarat. Leading companies like Microsoft, Red Hat and Oracle were present
at the presentation. In addition to this, due to extensive interactions
with key decision-makers in various government sectors, NEWGEN was able to
project itself as a strong player in the eGovernance arena.
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NEWGEN starts CTS
implementation at a London based Banking and Financial
Services Organisation
NEWGEN added
another prestigious client for its state-of-the-art Cheque Truncation
Solution (CTS). A London based Banking and Financial Services Organisation
decided to go for NEWGEN solution.
The CTS
solution from NEWGEN is being implemented at eight branches of the bank, in
Mumbai. Currently, a cheque deposit machine has been installed where cheque
images are captured, and these images are then sent further for outward
clearing.
NEWGEN is
already implementing the solution at ING Vysya bank and some other banks.
The decision of the bank to select NEWGEN CTS reinforces the technological
capability of the solution.
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NEWGEN to implement
another process at Wipro BPO
NEWGEN
recently got an order to implement the Accounts Payable process at Wipro
BPO, Chennai. It involves processing of scanned invoices received from US
and covers complete gamut of activities including exception handling, audit
trail, etc.
NEWGEN
has already implemented several other processes at Wipro BPO.
Wipro BPO
provides a broad range of services from customer relationship management,
back office transaction processing to industry specific solutions. Wipro
BPO is a part of Wipro Technologies, World's first CMMi ver1.1 Level 5 and
PCMM Level 5 company. Wipro Technologies is ranked fourth largest in the
world in terms of market capitalization in IT services.
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NEWGEN Solution Helps
V.Ships Automate its Solution
V.Ships
deployed OmniDocs, the Document Management and Workflow solution for
Image-based processing of its Accounts instruments. Accounting personnel,
dispersed across the world, process scanned copies of instruments such as
invoices, purchase orders, etc. The workflow, which is initiated by the relevant Management personnel,
located at different hubs, across the world involves Image-based
processing. Once initiated, workflow spawns the processing of instruments
by Accounting personnel, at the processing hubs. V.Ships has processing
hubs in India and several other countries.
The main
highlight of the implementation has been the seamless integration with the
legacy application, ShipSure, being used at V.Ships and OmniDocs, the
Enterprise Document Management System from NEWGEN.
Users
invoke OmniDocs through ShipSure interface. Documents are scanned using the
capture tools and are then filed in OmniDocs under a logical hierarchy.
Documents can also be linked with business objects in the application and
can be viewed in the Web browser.
V.Ships
holds the distinction of being the world's largest provider of independent
ship management and related marine services to the shipping industry.
V.Ships is an international company and has 44 offices across 26 countries
all around the globe. It services a fleet of more than 600 vessels through
its 1,100 office and 22,500 sea staff employees.
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NEWGEN BPM System
Automates Policy Issuance and Tracking at Royal Sundaram Alliance
Royal
Sundaram Alliance Insurance Company Limited has successfully implemented
NEWGEN BPM Solution, known as Spider, which automates policy issuance as
well as tracks motor policies for both private cars and commercial
vehicles. The solution includes OmniCapture, OmniDocs and OmniFlow. The
solution manages policies under two categories, New Business and Renewals.
The BPM
solution integrates the Centralized Processing Unit (CPU) of Royal Sundaram
with its seven branches, across India. The CPU is located in Chennai. The branches
are located at Hyderabad, Cochin, Bangalore, Kolkata, SBS Chennai,
Nungambakkam Chennai and Coimbatore. Proposals are scanned at individual
branches using OmniCapture and sent to CPU for further processing towards
issuance of policy. The system also provides logins for the branch users to
resolve processing queries through a Web interface.
The
solution enables Royal Sundaram to issue about 2,600 policies per month,
and has so far enabled issuance of more than 32,000 policies.
Royal
Sundaram Alliance is a joint venture between Sundaram Finance, India’s
leading finance company and Royal and SunAlliance, one of the largest
insurance groups in the world. Royal Sundaram Alliance gains global
expertise and local insights from the parent companies to lend an
unbeatable edge to the company.
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Madhya Pradesh Transport
Department
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First Two Processes go
Live at Madhya Pradesh Transport Department (MPTD)
OmniFlow,
the Newgen workflow solution enabled MP Transport Department to go live
with its first two processes on 20 Feb 2006.The processes were Issuance of
Vehicle Registration Certificate, and Issuance of Temporary Permit.
The
workflow solution provided to MPTD will help to increase the Transport
department’s operational efficiency. The application developed earlier by Smart
Card Ltd.(SCL) had to be integrated with OmniFlow to provide the required
workflow automation at transport department. For this, the following was
done:
·
OmniFlow desktop client was used and the forms in
the current application were used in a custom work desk developed by SCL
for the same.
·
The current application was updated and modified
to ensure one-to-one correspondence between an application (work item) and
data being displayed or edited in the forms at a particular work step.
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Recent Press Releases:
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NEWGEN Speeds Up Claims Processing at Bajaj Allianz General
Insurance
NEWGEN
Software Technologies Limited, a leader in the field of Business Process
Management (BPM), Document Management (DM) and Imaging, today announced
that it has deployed its reputed solutions OmniDocs, and OmniCapture, at
Bajaj Allianz General Insurance Co. (BAGIC), to help them in settling
their customers' claims faster. This is a step towards providing BAGIC
not only a hassle free claims-processing solution but also reducing the
turnaround time for the availability of data, and efficiently addressing
increasing number of customer claims and queries.
NASSCOM.org,
February 27, 2006
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NEWGEN
Solutions Deployed at BAGIC
NEWGEN
accelerated the claims processing at Bajaj Allianz General Insurance.
NEWGEN has installed OmniDocs at BAGIC's head office in Pune and at their
40 full-fledged branches. OmniCapture has been deployed to upload
relevant data. Remote Image Servers (RIS) have been installed at each of
the remote sites and scanned images of the claims settlements from the
RIS are uploaded to the head office during off-peak hours.
EFY News Network,
February 27, 2006
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Global
Sourcing - A Competitive Advantage
Global
resourcing for software product development can enable ISVs to reduce
product release cycle-time, to achieve cost optimisation, to optimise
resources across various stages of product lifecycle, to increase reach,
to provide 24X7multiligual support services and to focus on strategic
product management.
The Economic Times, February 23, 2006
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ING Vysya
outlines retail push
ING
Vysya Bank plans to open 200 'Self Bank' outlets in major cities across
India over next 24 months as part of its strategic initiatives for retail
banking. The bank has already selected ChequeFlow from Newgen
Technologies for cheque truncation.
International
Banking Systems, February 2006
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OmniFlow
An
enterprise workflow solution that integrates with your existing
enterprise applications and provides a graphical tool for creating and
modifying business processes.
PC
Quest, February 2006
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Support
service professionals key to outsourcing success
Indian
professionals have developed expertise in global processes owing to the
large software exports (over 95 countries around the world) and the huge
growth of the BPO sector in India.
The
Financial Express, February 4, 2006
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About Newgen
Newgen Software Technologies Limited,
a leader in the space of Business Process Management (BPM), Document
Management (DM), Workflow and Imaging, is amongst the top 10 Software Product
Companies in India.
NEWGEN bagged the prestigious “Distinguished
Application Product Company” award at the Product Summit 2005 hosted by
National Association of Software and Service Companies (NASSCOM) and Indian
Institute of Management Bangalore (IIMB).
NEWGEN started in 1992 is
headquartered in New Delhi. It has four software development centers - three
in New Delhi and one in Chennai, and five regional Sales and Support offices
in India. NEWGEN also has a wholly owned subsidiary Newgen Software Inc. in
USA located in McLean, Virginia.
NEWGEN has to its credit over 600
customer installations worldwide with representation in over 20 countries
across the globe. NEWGEN enterprise software solutions allow customers to
build and sustain competitive advantage by managing content throughout their
organization, automating and streamlining their business processes, and
simplifying their critical and everyday decision-making.
The company caters to customers in
India and overseas in diverse areas like Banking & Financial Services,
Insurance, Telecom, BPOs/Shared Service Centres, Manufacturing, Government
and Airlines.
NEWGEN employs more than 600
people. The company has more than 3,500 ‘man years’ of experience, with over
US $25-million investment in developing software products for Business
Process Management (BPM).
NEWGEN product suite comprising of
OmniFlow, OmniDocs, OmniReports, OmniCapture and OmniExtract is one of the
most comprehensive, flexible and scalable product suites in the area of BPM.
SmartStatements, ChequeFlow and Compliance Manager are the state-of-the-art
solutions developed by NEWGEN on the Newgen BPM platform.
NEWGEN is an ISO 9001:2000 and CMM
level 4 company.
Website: www.newgensoft.com
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