HDFC Bank

Posted on June 02,2023

Company Profile:

HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994. HDFC Bank offers a diverse range of financial products and banking services to customers through a growing branch and ATM network and digital channels such as Net banking, Phone banking and Mobile Banking.

Project Scope:

R 12.1.3 upgrade along with OCS India

Industry:

Banking

Objective:

  • To automatically extract defined data from documents submitted for account opening
  • One transaction now takes not more than 10 seconds

Benefits Delivered:

·       R 12 upgrade with latest functionality

·       NVBMS and VBMS AP Interface development

·       GL automation for India as well as foreign branches

·       Property Management Dashboard Developments

·       AP STP SOA Integration and support

·       I-Cart invoice AP Interface

·       TDS catch-up for landlords

·       Bulk upload of Supplier

·       Funding branch invoices STP using GEFU

·       EDW Extract