Newgen

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OmniDocs ActiveScript for Consumer Loan Approval

Initiate the process with submission of an application form and supporting documents – received physically or via an email

Process the application form by routing it to an operations executive for accuracy and to a credit officer for credit analysis

  • Update application data into the core banking system

Archive all documents into OmniDocs after indexing and filing

OmniDocs ActiveScript for Invoice Processing

Initiate the process via submission of physical invoices or an email of digital invoices

Process the application form by routing it to a finance executive for validation

  • Enter data into an ERP and perform 2- and 3-way checks

Archive all invoices into OmniDocs after indexing and filing

OmniDocs ActiveScript for Policy Onboarding

Initiate the process with submission of an application form and supporting documents – received physically or via an email

Process the application form by routing it to an operations executive for validation and to an underwriter for policy underwriting

  • Update application data into the core insurance system

Archive all documents into OmniDocs after indexing and filing

Newgen Key Features

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Exception management maker-checker workflows to define, configure and auto-route documents

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Development on Microsoft Azure for flexibility of access.

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Document indexing, classification and verification for accurate processing, easy search and retrieval.

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Mobility enabling users to view, approve, hold or reject documents on the go.

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Document archival in a secure, centralized repository

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Rapid implementation within 2 to 3 weeks.

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Challenges
  • Operational processes are still partially-automated or manual
  • Covid -19 hit bad so working from home needed to be implement.
Benefits
Enables organizations to create a digital workplace and accessibility of document to ensure business continuity.
Enable remote working
Ensure completeness and accuracy of data
Demonstrate compliance
Seamless processing

ActiveScript, powered by Newgen OmniDocs, helps enterprises accelerate processes by importing documents into actionable business information. ActiveScript is hosted on a secure cloud environment with high scalability and low total cost of ownership.

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    Consult Newgen expert FREE today