Sindh

Madressatul
Islam University

Entrepreneurship
Project Name of Paper Bank
Concept statement

Group of S.
Shaharyar Ahmed 16SBBAM0048
Sana Jalil 16SBBAM0018
Sharjeel Infan 16SBBAM0080

Course Instructor & Submitted To

Sir Shafique Ahmed
Table of Contents
About Paper Bank................................................................................................................................. 3

Product description............................................................................................................................... 3
PROPOSED SOLUTION ................................................................................................................... 3
Digitization of Records ................................................................................................................... 3
Indexing & bar coding of Records .................................................................................................. 3
Physical Record Storage ................................................................................................................. 3
Archive Management ...................................................................................................................... 3

Target audience ..................................................................................................................................... 3

Product benefit ...................................................................................................................................... 4

Benefits of Outsourcing Record Management .................................................................................... 4
Benefits of the Solution ...................................................................................................................... 4

Uniqueness / differentiation ................................................................................................................. 4

Organizational team ............................................................................................................................. 4

 Paper Bank
About Paper Bank
Paper Bank is a specialized Business process outsourcing providing turnkey solutions to clients from
various industries in the field of archive/document management. Our vision is to be an excellent
Business process outsourcing organization dedicated to excellence in Record & Archive Management
and to become the vendor of first choice for record management for our customers.

Product description
We providing different type of service.
 Record Indexing
 Record Scanning
 Record Transportation
 Secure Storage
 Retrieval Management
 Paper Management Software by Paper Bank

PROPOSED SOLUTION
Digitization of Records
Digitization of records is not a new concept. The world is moving towards this process
because of its obvious benefits. Digitization of record makes an organization efficient as it
dramatically lowers expenses in terms of reducing reliance on paper, printing and the administrative
cost associated with filing, retrieving and storing documents.

Indexing & bar coding of Records

Moving to electronic record management environment requires a few essential steps to be
followed. Record indexing is one of them. Through bar coding & records, a document becomes
unique and finding the digital image is easier. Further, if the storage of document is outsourced; the
indexing of physical record will help us keep a log of which record is placed in which box; thereby
making retrieval of physical document a time efficient task.

Physical Record Storage

The facility is continuously monitored and provides a secure location for long- term storage
of records.

Archive Management
The idea of our services is to ensure secure safe keeping of our client’s records and providing
ready access of these records to authorized individuals of our clients.

Target audience
We target Karachi organization like example HBL, Imtiaz super market, efu life insurance, etc
because this organization large, not to easy maintain record & Archive Management.
Product benefit
Benefits of Outsourcing Record Management
 Uniform, centralized document management and storage systems that makes it easy to get
what you need, when you need it
 More time and resources available to address strategic business initiatives
 The ability to prove chain-of-custody to auditors, litigators and regulatory bodies

Benefits of the Solution

Following is a list of key benefits which the client can expect from outsourcing of Physical
Record Management Services to Allied Record
 Professional management of records
 High order of security and safety
 Storage in safe and well-maintained premises
 Completely variable and itemized pricing model
 No redundancy cost of carrying excessive storage space
 Timely and accurate retrieval of documents
 Cost effective solution
 Scalable and involves no capital costs of expansion
 Customized solution to cater to Organizations’ specific requirements
 Effective and timely shredding of documents which have lived their retention period
 Availability of more management time to focus on core business

Uniqueness / differentiation
We provide physical record exchange in digital record, to easily access.

Organizational team
We are three co-founder of Paper bank, first is Shaharyar Ahmed complete B.com, DIT and doing
BBA in SMIU, skill / specialty is Telecommunication, Finance & Marketing
Second is Sana Jalil doing BBA in SMIU & skill / specialty is HRM, Creative Writer & good leader-
skill
And third partner is Sharjeel Irfan is doing BBA in SMIU & skill / specialty is Marketing,
Communication & Social Network