Thread: Optical mark reader solution

Being a startup company the biggest challenge was to expand rapidly by opening branches to increase the micro finance loan disbursements. The management didn't want to spend much on manpower, equipment and space. Hence, there was a dire need of an innovative technology to process several times the number of loans booked previously, and with the existing resources. The company went for an OMR (Optical Mark Reader) based solution for loan processing. There was a need for lots of data entry in the processing of applications. The company studied the data entry ( Membership) form and found-out that, major portion of data can be converted to OMR format using check boxes Thus, they redesigned the form introducing check boxes / shading circles instead of straight character format for most fields This conversion into OMR format was done for nearly 75 % of data fields.