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The Chartered Bank of Nepal gathers vast amounts documents everyday. The bank is keen to manage loan documents which range from 10 to 20 files entry each day and each file consists of 25 to 200 pages. Also, each file consumes physical space within the bank, thus it is not cost-effective and will eventually lead to a crisis of space. Also, staff members go through time consuming processes to locate desired file. In order to resolve the challenges listed, digitizing documents is the apt solution for the bank. The solution has two phases: Scanning the physical documents & Managing digital documents. The loan documents are scanned, essentially allowing physical documents to be moved to some offsite location for storage.
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