vsm financial services - case study
TRANSCRIPT
“ Not Just Software. Total Business Solutions ”
Case Study - Trade Finance Workflow Process Study and Mapping
“ Not Just Software. Total Business Solutions ”
Objective
Improve efficiency significantly, thereby reducing TAT in all the processes
Achieve consistency in processes—have replicability with less dependence on human intervention
Build a robust and scalable process with optimum automation
“ Not Just Software. Total Business Solutions ”
Overview – Products Involved
Bank Guarantee
Export related instruments
Inland Transactions
Imports- L/C s and related instruments
“ Not Just Software. Total Business Solutions ”
Role of VSMTools used for Work Flow Automation
“Staffware” for work flow
“Newgen” for Document Management Software
“ Not Just Software. Total Business Solutions ”
Role of VSM
Clear flow charts with steps, and actors and sequence of activities –for 65
different processes Detailed tables describing all the
activities in detail
Identifying all the support information needed to perform these tasks, including
information from other applications (mainly Core Banking Application)
Broad functional architecture
We did some major re engineering to suit the proposed automated environment. We delivered:
“ Not Just Software. Total Business Solutions ”
Benefits of Our Services The bank derived all the expected benefits and more, by following our
“Functional Specifications” in developing the software solution. Major benefits of the implementation of Staffware, and Newgen were: – Clear and friendly revised processes – Near paper free operations – Far higher volumes with the same man power – Improved customer service – Automation meant that the processes followed were consistent among all teams
“ Not Just Software. Total Business Solutions ”
Contact Us
Address: VSM Software Pvt. Ltd. #8, High Tension Park Road, Chandra Layout, Bangalore 560040 Phone: 080 – 42982121 Email: [email protected] Website: www.vsmsoftware.com
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