The Armed Forces and Police Savings and Loan Association Inc. (AFPSLAI), a non-stock savings and loan association, has embarked on a digitization project in compliance with the directive of the Anti-Money Laundering Council (AMLC) in 2018 to digitize all customer records.
The project aims to address records congestion, improve efficiency in records-keeping and retrieval, and mitigate the risks of untoward incidents.
AFPSLAI awarded the membership records digitization project that includes the scanning services for six million documents and Document Management System, to Canon Marketing (Philippines) Inc.
“From the scanning services, software, to the training of our staff, Canon is very hands-on,” said BGen. Cheston Valencerina, president and CEO, AFPSLAI. “I am confident that we have chosen the right partner for this endeavor.”
AFPSLAI serves close to 600,000 members in over 33 branches and 51 satellite offices nationwide. It aims to promote industry, frugality, and savings among its members by offering quality financial products such as deposits and loans; and other related services.
Aside from high-speed document readers, Canon’s suite of solutions that effectively read and categorize printed data into digital information takes the work out of what would have been a tedious process. Images and data from six million documents will be processed by IRIS PowerScan, an advanced capturing solution with optical character recognition and automatic document reading. After which, data will then be fed to Canon’s Therefore document management system. The solution serves as an organized data bank with highly customizable security access options for different AFPSLAI personnel, ensuring utmost confidentiality and security. The result is simple: Membership data that used to take employees’ time to manually search through millions of files for can now be found with a few keystrokes. Names, mobile numbers, and even photos can be pulled up by the system in no time, saving the company man-hours, office space, and ultimately delivering better service to its clientele.
“We take great pride in the credibility of our products, and the ability to provide end-to-end solutions that will enable our partners to carry out their responsibilities effectively and efficiently,” said Yasuhiko Shiraki, Director for Business Imaging Solutions in Canon Marketing (Philippines) Inc. “Aside from providing business solutions, we are delighted to be of service to our military and police forces. In partnership with AFPSLAI, we aim to give smart, reliable, and efficient financial services that will improve the overall experience of AFPSLAI’s stakeholders,”