Petraware Technologies: Advanced Document Capture Technology for Digital Economy

In a digital economy where data are becoming more valuable than ever, it is imperative for every enterprise to effectively manage their data. Manual processing of data is not an option for any enterprise as humans are prone to errors and limitations. The emergence of scientific workflow management system tries to address the challenge, but there are many features that require improvement. Workflow management service providers need to constantly update and upgrade their offerings to capitalize on new technologies and stay competitive in the market. Simplicity, mobility, error free, cost reduction, automation, scalability, transparency and ability to plug attachments are features enterprises are looking for in managing their contents. Well positioned to ride the wave of advanced content management, Petraware Technologies provides a comprehensive solution in provision of document capture and automation.

Specializing in Enterprise Content Management (ECM), Petraware Technologies automates the transformation of paper documents into digital formats using leading-edge capture technologies. Their solution, Petraware Enterprise Content Management (PECM) can automate the document capture process and enables to connect directly to the clients’ content software. “PECM comes with multiple modules to help organizations to streamline the flow of document and orchestrate the business process efficiently,” says, Gordon Tan Chee Kwang, CTO & Founder of Petraware Technologies. The whole data orchestration is scalable and customizable according to business requirement. The process eliminates error; reduce financial cost, manual labour, and increase productivity.

Petrawares’s document imaging technology has the ability to electronically capture document-based information, most of which is trapped on paper. Their capture technology can perform Optical Character Recognition (OCR), Handwriting character Recognition (HCR), Intelligence Character recognition (ICR), and Optical Mark Recognition (OMR). Another feature of their capture technology is that, it can perform fingerprint recognition which is very unique in the market. In addition, Petraware offers business process outsourcing services that involve document conversion, data entry, achieving, and document integration as well as consulting allowing enterprises to focus on their business goals.

Petraware caters its service largely to unit trusts and related players in solving comprehensive challenges. They have successfully solved many challenges involving document capture and workflow automation and helped establish effective channels of workflow between trusts and its clients reducing manual labor and financial cost with increased productivity. One such case was a project where Petraware automated the whole document capture process involved in purchasing Unit Trust Funds. Petraware was able to solve a comprehensive task involving investor, agents, fund house and fulfill compliance requirements as well. They successfully carried out forms and fingerprints scan, capture and electronic submission of forms within two days that would have taken fifteen to twenty days on an average.

Petraware continually undertakes research and development to ensure that their offerings can capitalize the new technologies that are coming out. Providing its service through multiple channels with fast capture features, Petraware keeps enhancing its offerings into a better technological model. They also look forward to integrate cloud and IoT into their offerings in the near future. With its impeccable solutions sustained by its compliance service, Petraware simplifies document management enabling enterprises to thrive their business in the digital economy. “All these digital transformations are compulsory steps to move into a digital economy,” Kwang expresses.