Tirunelveli based Global Software expands footprint in Chennai

Chennai:

Tirunelveli based Global Software Solution on Friday expanded its footprint in Chennai with the launch of its Global Content Eco Centre.

The Centre was opened by principal secretary and chairman and managing director of SIPCOT Swaran Singh.

Sekar Ponniah, Managing director of Global Software Solutions, said that the Rs 3.4 crore facility would focus on technology innovation in processing and automation related to content, which is the most demanding requirement for any organization of any vertical.

Global Software solutions is the first Indian company to make a application for Cheque Truncation System, which was compliant with National Payments Corporation of India norms. Currently, two cities Chennai and New Delhi have Cheque Truncation System. GSS general manager Venkatraman said that once Cheque truncation System is installed in Mumbai by year-end, one need not wait for three days for the cheques to be credited. It will be done within one day.

Meanwhile, the company’s new product Veracious Document Truncation System was also launched on the occasion by Vipin Surelia, head of Cheque Clearinng, National Payments Corporation of India (NPCI).

“It is the first application for Mandate Management System, which is an initiative by NPCI for bringing Mandates and the resultant ECS debits under an automated clearing house at the national level.

He also said the company has created a product called Document Truncation System. The product provides tools to automate any content related process with a simple to complex functional and workflow requirements. “By this approach we plan to provide solutions to all the verticals like banking, financial, insurance, telecom and others,” Ponniah said