Business Process Management solutions offer critical business benefits such as improved operational performance, enhanced organisational agility and compliance. Therefore, choosing the correct BPM partner could be amongst the most important decisions a business makes, and a vital platform for it to succeed.
A Software as a Service offering provides a low cost, quick access to the software solution as a service for which you can pay as you use through a subscription model. Newgen SaaS solutions are specific vertical/horizontal business solutions developed using Newgen’s Enterprise Class ECM & BPM Products. Newgen SaaS offerings enable organizations to quickly start using Business Processes as Services for their business functions with minimum investment.
A robust BPM platform can be used to gain quick ROI and long term improvements on high value processes in the government sector
Every Corporate Loan function of a bank organizes their documents like Security Documents, Trade Licenses, Chamber of Commerce Certificates,Corporate Guarantees, Agreements, Mortgages, Email Communications, Legal & Regulatory Documents in some way, whether or not they use a document management system.
In today's competitive world customer is the most important asset to an organization and it is pertinent to retain customers for sustainable growth. Smart and effective customer communication is the key to retaining existing customers and attracting new ones. The organizational strategy of “Communication with All, effectively means Communicating with None”. The communication is expected to be highly personalized, 1:1 and over the preferred delivery channel. Organizations world over, are increasingly engaging strategic outsourcing providers as enablers to cut Costs, Avoid Capital Expenditures & Ensure Compliance while managing smart and targeted communication across all delivery channels.
Customer Communication Management (CCM) is defined as the process to compose, format, personalize, distribute and monitor content (physical or electronic), for external communication. CCM Solution is a confluent set of Information Technology tools that help an organization enhance customer experience, standardize communication across multiple channels ensure regulatory compliance and reduce operational complexities.
Large scale digitization of documents involved in the core business processes is, one of the key organizational requirements for Financial Institutions (FIs).Modern Banking and Financial Institutions have achieved Transformational results through the power of digitization by gaining speed of response, adhering to compliance mandates (such as KYC), margin protection and ability to scale-up the operations by supporting high-volumes of transactions. For modern FIs today, Digitization is of vital importance for creating a cost effective route to differentiation.
Successful e-Governance initiatives are focused at ensuring better services for the citizens by ensuring convenience, efficiency, transparency & reliability. Good governance demands reduced duplication of work, reduced communication costs, increased transparency in functioning of various government departments, and faster citizen services. Digitization of documents is one of the key requirements for all e-Governance projects.
Document Management provides a central repository for enterprise documents and supports rights-based archival. It is used to manage documents through various stages of their lifecycle – creation, review, storage, distribution, archival and retrieval.
With the advent of technology, whether voluntarily or regulatory imposed, banks are migrating from manual cheque processing to digital cheque processing. Cheque Truncation Systems (hereafter referred as CTS) have helped banks reduce Cheque clearing time and operational costs considerably.
Document Management provides a central repository for enterprise documents and supports rights based archival. It is used to manage documents through various stages of their lifecycle – creation, review, storage, distribution, archival and retrieval.
This paper examines how Newgen's solution for Governance addresses the key challenges faced by top level management in ensuring effective and efficient internal processes and control systems.
With the recent financial turmoil and corporate frauds hitting the companies hard, there has never been a greater focus on corporate governance and compliance management.
This paper highlights the key risks organizations face today and how Newgen’s solution for Compliance Management ensures easy compliance with all the regulations, standards and best practices.
Healthcare is a core focus area across countries all over the world. Providing and improving healthcare facilities to the population ranks amongst the topmost agenda for Governments.
Learn how Newgen's BPM and Imaging solutions add value to SAP and enable the organizations achieve agility, transparency and efficiency.
Newgen’s solution for Accounts Payable, Newgen SAP-AP Framework, is a robust, platform-independent product developed using industry best practices for seamless integration with SAP and end-to-end automation of Accounts Payable process.
Newgen ECM-&-Imaging for SAP delivers enterprise-wide benefits that enable organizations to get maximum returns on their SAP investments, achieve cost cuttings and enable compliance.
This paper sheds light on how BPM enables BPOs to have tighter process control, manage and execute complex processes, provide consistent and high-quality service while reducing costs, and strong SLA management capability, all resulting into greater customer satisfaction.
With the ever-increasing geographical spread of organizations, distributed capture solutions provide greatest bang for the buck by offering various benefits to the customers, such as faster turn around times, reduced costs, improved customer service, better information security, simplified IT administration, uniform implementation, and adherence to policies and standards and real-time document access.
Every business benefits from automated payment processes through reduced expenses and improved operational efficiencies. The accounts-payable payment process is often tedious and timeconsuming, mostly paper based resulting in costly process cycles for employees, managers, and accounts payable personnel.
Cash Management is a critical area for banks and financial institutions. Funds Transfer, in particular, is often a cost-intensive and complex process, especially due to manual exception handling and investigation. This cuts into the profitability of the Cash Management business.
This paper highlights various OmniReports® implementations in the Banking Sector. It briefly describes the problems faced by the client, the solution - as it was implemented, and the various benefits reaped by the clients after using Newgen OmniReports® as a part of their solution.
Know how Newgen OmniDocsTM helps in increased accessibility and availability of documents to improve efficiency across processes and operations.
BPM and SOA both offer comprehensive capabilities that make a strong case for their adoption, even individually. However, combined together, they offer pervasive, unbeatable benefits to enterprises.
Total cost of operations, long ROI cycles and software maintenance makes it difficult for SMBs to leverage the power of enterprise software. SaaS enables SMBs to feasibly use IT for operational excellence and obtain improved business processes.
Processes are the lifeline of every organization, and the health of these processes dictates the well being of the business. Be it Policy Issuance in an Insurance company, Cheque Clearing in a bank, Vendor Reconciliation in a Manufacturing company, Bills Processing in a Shared Services Center, or any other process in virtually an industry, business process management ensures the organization becomes more agile and nimble.
The organizations need to accommodate the day-to-day changes in the business processes either due to the competitive, regulatory or market challenges that arise in the business processes.
BPM brings forth a new generation of systems whose primary purpose is to co-ordinate the work of others, be they systems or people. At times referred to as the fourth layer of IT architecture, BPM is also considered as the next generation of workflow and the new platform for applications or smarter middleware. Learn how BPM can play an invaluable role in driving up volumes and efficiency in your organization.
Newgen’s solution for Forex instruments processing is a modular solution offering,with separate modules for scanning interface, data correction/data entry,archival of instruments, and quick and accurate retrieval of instruments.
Typically, Healthcare organizations face the challenge of processing large volumes with substantial Turn Around Time (TAT) and highly competitive SLA. Critical quality standards need to be met.
The physical flow of cheques is time consuming and leads to huge expenses being incurred in their archival, storage and transportation.
