8 Things to Know About Canon and AFPSLAI’s Phase 2 Records Digitization Project

The Armed Forces and Police Savings and Loans Association, Inc. (AFPSLAI) is taking another leap in modernizing its operations as it partners once again with Canon Marketing (Philippines), Inc. for the second phase of its Records Digitization Project. This milestone aims to improve efficiency, security, and service delivery for its members.

Here are eight key things to know about the initiative:

1. From Membership Records to Loan Records
   After successfully digitizing millions of membership records in Phase 1, AFPSLAI is now moving forward to automate its loan records.
2. 15 Million Pages in Six Months
   Canon Business Services is tasked to digitize around 15 million pages of loan documents within a six-month period, ensuring a faster turnaround time for AFPSLAI.
3. Powered by Canon’s Therefore™ System
   The project will utilize Canon’s Therefore™ Document Management System, which enables centralized, secure, and easily retrievable digital loan records.
4. Aligned with BSP Compliance
   The initiative supports the Bangko Sentral ng Pilipinas’ Digitization of Customer Records (DIGICUR) mandate, ensuring AFPSLAI stays compliant with regulatory requirements.
5. Smarter and Faster Loan Processing
   Workflow automation will help AFPSLAI provide its members with faster, more efficient, and more secure loan services.
6. Leaders Back the Move
   Canon executives Kenichiro Kitamura and Anuj Aggarwal both emphasized the company’s commitment to delivering secure and scalable digital solutions, while AFPSLAI President and CEO RADM Nichols A. Driz, PN (Ret), highlighted the impact on member service quality.
7. Canon’s Proven Track Record
   Globally, Canon is recognized as one of the top five U.S. patent holders for 35 straight years and the leading Japanese company in patents for 16 consecutive years, underscoring its culture of innovation.
8. Commitment to Sustainability
   Canon Philippines continues to embed eco-friendly practices across its operations, from product lifecycle to service delivery, in line with its Kyosei philosophy of working together for the common good.

AFPSLAI’s Records Digitization Project is more than just a technical upgrade. It represents a broader shift in the financial services sector where speed, security, and reliability are becoming essential pillars of customer trust. By digitizing and automating loan records, AFPSLAI not only reduces manual processes but also protects sensitive information while making services more accessible to its members.

For Canon, this partnership underscores its growing role as a trusted digital transformation ally in the Philippines, offering secure and scalable solutions for organizations that aim to modernize. As the global financial landscape continues to embrace digital technologies, initiatives like this highlight the importance of innovation, regulatory compliance, and sustainability in shaping the future of banking and lending services in the country.