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Mr. Neo G Mendes, Managing Director of Enem-Omni Companies, and
Mr. Raghav Biliya, Director of OTCO International Ltd., shaking hands and exchanging their documents on behalf of their respective organisations
The Enem-Omni Companies have entered the technology business arena by signing up a Joint Venture Agreement with a well known Indian 22 year old public limited software company OTCO International Limited located at Bangalore, the silicon city of Asia. The agreement was signed on 31 March in Dhaka by Mr. Neo G. Mendes, the Managing Director of Enem-Omni Companies and Mr. Raghav Biliya, the Director and CEO of OTCO International Ltd.

This will lead to setting up of a Software Company in the name of Omnisoft Limited in Bangladesh with joint equity holding, says a press release.

OTCO International Ltd. has a range of software products and solutions covering a wide spectrum of application domains. OTCO's prime Product is an end-to-end solution named IMP@CT tailor made as an Enterprise Resource Management (ERM) suite for the Micro-Finance Institutions (MFIs) and Non-Governmental Organizations (NGOs). The IMP@CT software system is the result of over 30 man years effort by the domain specialists and the technologists and is based on International best practices to support popular credit lending models and is available in both web based and the Client Server versions. The application is also provided in Application Service Provider (ASP) mode for those who lack the requisite in-house computer infrastructure and the qualified manpower. This software system comprises of micro-finance operation management suite PORTFOLIO, beneficiary group management suite SELF HELP GROUP (SHG), donor view suite DONORLOGIN, IMP@CT Analysis suite, IMP@CT Report generation suite, organizational financial accounting suite FINWIN, organizational budget planner BUDGETPLAN, organizational manpower management and payroll suite HR Optima, Fexed Asset management suite ASSETMAN. All these suites are available in choice of assortment in integrated configuration as well as stand alone versions.

Additionally, the solutions to support rural insurance, purchase, inventory management and sales are also available. The IMP@CT will enhance operational efficiency through real time record updating, report generation and deliveries fuelling the organizational efficiency leading to rapid growth of the organizational network.

Additionally, it provides transparency and the measure of transformation achieved through variety of analysis tools required by the donors. The IMP@CT software system is bound to be a boon to the micro-finance NGO sector in Bangladesh.

The other software products of OTCO International Ltd. are TAXISOFT for the On call Taxi Service Network Management, SCHOLASTICA for the management of Academic Institutions and so on.

OTCO International Ltd. has also a range of specialized database driven clinical and Diagnostic Management System covering all medicine specializations such as Cardiologists, Opthalmogists, Gynecologists and Obstetricians, Pediatricians, ENT, Orthopedics, Family Physicians, Dermatologists and General Surgeons. All these will be valuable resource for the Clinics, Hospitals, private Medical Practitioners and Pharma Industries. All softwares of OTCO International Ltd. will provided, customized, supported and upgraded through the life cycle of the software by Omnisoft Ltd. locally.

Source: The New Nation, Apr 7, 2003, Bangladesh's Independent News Source By Apr 7, 2003

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