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Save millions by using Alpha Plus Banking Solutions

Use Knowledge Management Tools – Regulator+ and/or InfoMan+

Achieve minimum guaranteed savings at each Branch/Department :

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Rs.10,000 min. towards cost of one cupboard every 2-3 years.

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Rs.1,440 to Rs.14,400 per year on rent (Rs.10 to Rs.100 per sq.ft. per month) of space released by one cupboard.

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Rs.1,000 min. per year towards cost of printed instructions.

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Rs.1500 min. per year towards postage cost @ Rs.5 per day for 300 days.

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@ Rs.350 per banker per year @ 1 minute time saving per day. Actual time spent on retrieval of manual instructions per banker will be at least 15 minutes per day i.e. time saving worth Rs.5,250 per banker per year.

The minimum guaranteed savings for a bank like State Bank with about 8500 branches & 500 depts. at 70 admin. offices  would lead to an astronomical saving of Rs.9 cr on cupboards every 2-3 years + Rs.3.86 cr/year on the other activities mentioned above. The actual savings being more than 20 cr per year.

The above savings are just a tip of the iceberg. Banks can save several times more on all the activities available through Regulator+ and InfoMan+.

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