CIO REVIEW

Hundreds of businesses around the globe now rely on NetGains Secure document Interchange platform for applications that are critical to their business and demand stability, scalability and performance. Not so long ago, there was a time when even the largest stock brokers in India used to send millions of physical copies of the contract notes to their clients. They had to retain copies of the same for seven years to fulfill the compliance obligations. NetGains has mapped the entire process electronically to meet compliances as laid down by SEBI, the regulator for Financial Markets and IT Act 2000/2008. Right from the time of creation of documents, digital signing, encryption till delivery/non-delivery/bounce, NetGains eSigner.NET + M3CGrid does it all.


NetGains has carved a niche for itself because of its ability to take accountability of the entire compliance chain. Comprehensive features, delivery of high level of performance and unmatched accuracy have helped eSigner.NET stand apart. It efficiently and effortlessly generates and processes a huge number of PDF/HTML/XML documents. This figure can easy reach 300,000-500,000 documents per hour and can scale further. Powered by the advanced and qualified electronic signatures, the product guarantees the integrity, non repudiation and authenticity of the documents. This enhances the security of a business process and the quality of archived documents.


Companies still following paper based systems end up incurring huge cost that can be reduced considerably by shifting to a paperless system.With paperless systems such as electronic invoicing, electronic billing and electronic statements, companies can make a substantial cost cutting. It has been observed that the total cost of manual paper invoicing can be as much as Rs.10 per invoice and that e-invoicing can save up to 80% of this cost. Moreover, this helps companies ensure integrity of documents, cheaper storage, instant delivery and easy access to historical records. With changing times, reducing their carbon footprint has become the topmost priority for socially responsible organizations throughout the World. One felled tree accounts for the creation of 8000 sheets of paper. Switching to e-invoicing can save millions of trees that would otherwise be destroyed to create paper for billions of invoices generated every year. NetGains has created an excellent platform for the Indian financial organizations to give back to the community by saving trees.


Companies still following paper based systems end up incurring huge cost that can be reduced considerably by shifting to a paperless system.With paperless systems such as electronic invoicing, electronic billing and electronic statements, companies can make a substantial cost cutting. It has been observed that the total cost of manual paper invoicing can be as much as Rs.10 per invoice and that e-invoicing can save up to 80% of this cost. Moreover, this helps companies ensure integrity of documents, cheaper storage, instant delivery and easy access to historical records. With changing times, reducing their carbon footprint has become the topmost priority for socially responsible organizations throughout the World. One felled tree accounts for the creation of 8000 sheets of paper. Switching to e-invoicing can save millions of trees that would otherwise be destroyed to create paper for billions of invoices generated every year.NetGains has created an excellent platform for the Indian financial organizations to give back to the community by saving trees. The utility of eSigner.NET is by no means limited to the activities of the financial organizations. All companies with large employee strength can use eSigner.NET to process the TDS certificates for their employees and vendors. This will relieve them from issuing Form 16 in physical form and make a successful transition towards implementing a paperless system. Insurance companies can also benefit a great deal from this software by issuing online insurance certificates with digital signature, encryption, and 3D barcodes. eSigner.NET can also encrypt and apply qualified electronic signature to PDF documents before they are sent, thus enabling the email recipients to verify its authenticity, integrity and non-repudiation of documents.

NetGains is not just another software development company; they are highly proficient in cryptography, electronic data Interchange and email messaging technologies. HTML/PDF/XML document generation from database, Digital signing and encryption of these documents are some popular uses of eSigner.NET. In order to deliver signed and encrypted documents, eSigner.NET requires M3CGrid email delivery network. When used in tandem, eSigner.NET and M3Cgrid becomes great combination. The credit behind the success story scripted by NetGains can surely be attributed to Mr. Rishikesh Somshetti and Mr. Tushar Nidambur, the two Directors of the company. An Engineering Graduate in Electronics and Communication, Rishikesh started his illustrious career with one of Indias leading email messaging companies. With his ability to execute complex projects involving high performance algorithms using RSA key pairs and asymmetric cryptography, Rishikesh has been the key influencer towards building eSigner.NET. Tushar is Rishikeshs engineering batch mate and an Instrumentation engineer. A sales and marketing strategist, Tushars relentless efforts have put the company and its products/Services on the success path. Together, Rishikesh and Tushar form a formidable force and have carved a niche for themselves in Indias financial market. They are eager to explore other Industries.