DBS and its technology partner Multipass Solutions Limited have been named the winners of this Award during the eighth Asian Banker Technology Implementation Awards Programme, held at the Kuala Lumpur Convention Centre, Kuala Lumpur on May 21st 2014.
Multipass Solutions is an independent software vendor and consultancy with broad experience in enterprise content management. The company offers a broad range of solutions for large enterprises to lower operational costs, streamline business processes and extract value from digital information spread across multiple IT platforms.
DBS and Multipass Solutions rolled out a pioneer solution which uses a private cloud based on a high-availability service to handle multi-site, multi-country intelligent data entry. This new-generation solution provides intelligent data entry through automated form recognition by breaking down full pages to separate snippets of data. Its optical character recognition and intelligent character recognition capabilities, together with a fast snippet data entry web application, enable expedited data entry of the contents of selected fields of scanned forms. The solution resulted in significant reduction in paper processing and processing time, improving productivity by 40% within the first week of implementation. Merchant summary ticket processing is 63% faster and merchant sales slip processing is 55% faster.