Year 2006

Year 2006 (October - December)

The Madhya Pradesh Transport Department (MPTD) has, with the help of Newgen Software Technologies, automated its business workflow processes. The project, which was implemented on a pilot basis in Bhopal, is to be replicated across its 45 road transport offices in the State

With the vision of bringing a revolution in the document management and business process management business, Diwakar Nigam, MD of Newgen Software Technologies, has introduced many innovative products in this space. He says, "We entered the market very early and are now enjoying the fruit of that early entrance. The initial period of selling the product was a tough challenge before us."

''We are happy to announce this implementation at GSFC which required automating and integrating their business process. Our DMS solution has enabled the company to streamline documentcentric business processes, thus leading to better productivity and faster decision making,'' Newgen Software Technologies Diwakar Nigam said.

Year 2006 (April - June)

The Newgen CTS solution incorporates BPM platform advantages such as work distribution and management, process change through business users, integration to core banking and other systems, monitoring and generating reports through the dashboard. The benefit to end customers would be fast clearance of cheques. Newgen is the only company, which is competing in almost 80 banks for the first phase of CTS, and invariably features among the top two choices for most of the banks.

Gujarat State Fertilizers and Chemicals Limited (GSFC) is a well-known government sector enterprise and is uniquely positioned as a multi-location, multi-plant, multi-services and multi-crore entity. The company has become a leading fertilisers and chemicals manufacturer, something it has achieved through constant technological development, innovation and customer satisfaction. Along the way, GSFC implemented a document management solution (DMS) from Newgen Software Technologies.

Who says Indian product companies can't battle it out with the SAPs, Oracles and IBMs of the world? ...Newgen Software, and is successfully winning market shares from American majors such as EMC, NCR and Unisys. The company differentiates itself from foreign competitors such as IBM and EMC on the basis of lower lifecycle cost and faster implementation.

The Newgen Cheque Truncation System (CTS), an end-to-end solution for inward/ outward electronic cheque clearing, is built on top of its Business Process Management (BPM) platform. Encryption and cryptographic standards of Newgen CTS ensures secure and reliable transmission. Cheque truncation technology can also be extended to process dividend warrants, printed drafts, gift cheques, etc.

“Big Indian banks and insurance companies are pretty well-known worldover among their peers. And the fact that many of these Indian FIs are our customers gives a lot of assurance to our foreign prospective clients,” says Diwakar Nigam, Managing Director, Newgen Software Technologies.

Newgen Software Technologies has commenced the implementation of its five processes for Kenya Airways to help airways strengthen its business services. This is in continuation of its earlier implementation of 15 processes, which involved integration of workflow with legacy applications.

The BPM solution from NEWGEN provides complete automation of front- and- back-office operations such as issuing no objection certificates, payment of dues, notice generation, records management and handling customer grievances at Chandigarh Estate Office. This help Estate Office to accrue all round benefits such as reduced turnaround time, improved customer service, enhanced productivity, better record integrity, and increased transparency and reduced fraud.

Dramatic changes in the business landscape will require the DMS market to constantly innovate both in terms of technology and customer offerings. Diwakar Nigam, Managing Director, Newgen Software Technologies adds, "There has been a need for process automation and centralisation. Moreover, businesses are moving towards business process outsourcing which also calls for process management initiatives."

Delhi-based business process management company Newgen Software Technologies Ltd today announced that it has bagged an order from Hewlett Packard (HP) for Bank of Baroda to automate its retail and trade finance processes across Regional Processing Centres. The order would help the bank reduce paper-based processing and turnaround time in the banking processes.

Newgen Software Technologies on Thursday said it has bagged an order from Hewlett Packard to automate Bank of Baroda's retail and trade finance processes across its regional processing centres. The Newgen products - OmniFlow and OmniDocs - would reduce the paper-based processing and turnaround time in banking processes, the
company said in a release.

NEWGEN Software Technologies Limited, a provider of software applications for Document Management (DM), imaging, and workflow automation has bagged an order from HP to automate Bank of Baroda's Retail and Trade Finance processes across Regional Processing Centers (RPCs).

Newgen's solution will automate trade finance processes along with retail processes like Personal/Housing loans, Account Opening (Retail and Corporate) and Credit Card Account Opening.

With the SEBI deadline looming large, CIOs are facing the challenge of building up the requisite infrastructure and streamlining their internal controls and processes. Compliance initiatives require a multi-faceted approach involving people, policies, processes and technologies. Beyond the initial investment of time. personnel and financial resources, compliance is an opportunity for organisations to instill best practices and internal controls, enhance productivity and performance, improve operational efficiencies, and eliminate the risk of losing information.

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.

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.

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.

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.

An enterprise workflow solution that integrates with your existing enterprise applications and provides a graphical tool for creating and modifying business processes.

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 need of hour, there-fore, is a comprehensive Business Process Management (BPM) approach. This requires every business process to be documented, in detail and with maximum clarity. All possible risks, whether financial, strategic, reputation, or operational, have to be identified, and controls for migrating these risks have to be established.

It’s not just the big boys, though. A whole host of smaller, specialised, small and medium-sized companies have made an enthusiastic foray into China. Newgen Software, a second-tier document-and-workflow management company, has become the first Indian company to develop a Unicode Chinese version of its business document management product.

NewGen Software Technologies Limited on Thursday announced the completion of Kenya Airways project. The company has successfully implemented Omni product suite comprising OmniFlow, OmniDocs, OmniReports, OmniCapture and OmniExtract.

In 1976, Mr Diwakar Nigam, left a cushy job to pursue his one passion in life – software product development. “This is what I love doing the most in life”, says Nigam, MD of Newgen Software Technologies.

Wipro BPO has implemented NEWGEN OmniFlow (BPM) for the workflow and NEWGEN OmniDocs (DMS) for managing all their documents. NEWGEN OmniFlow is a platform independent Workflow Solution that simply needs to be installed and some configuration done to get it up and running.

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