Innovative awards_2025

Leading the Way with Award-Winning Innovation

2nd April 2025

Winning in the Large Business category, our AI-Powered Vendor Invoice Management and Three-way Automation Solution, developed in collaboration with ZeonAI, has set a new standard in the industry.

The Innovation PNG 2025 Conference, co-hosted by the PNG Chamber of Commerce and Industry and Business Advantage International, was held at the Stanley Hotel on March 27th and 28th. 

Competing against formidable finalists like Credit Bank PNG, Kramer Asia-Pacific PNG, Markham Culverts Lae, MiBank, and TISA Bank NCD, Nasfund emerged victorious, showcasing our commitment to excellence and technological advancement.

Our journey began with a vision to revolutionize our operations through digital transformation. 

The InvoiceAI Solution, powered by Generative AI, has been a game-changer. It automates the entire invoice processing workflow, from extraction to validation and approval, with unmatched efficiency and precision. This innovation has reduced our processing time by 70% and achieved over 97% accuracy in data extraction, as highlighted by our Chief Financial Officer, Debbie Oli.

The success of the InvoiceAI Solution lies in its integration with our existing enterprise systems, leveraging Large Language Models (LLMs) and AI-powered document intelligence. It features smart anomaly detection, precise risk assessments, and real-time decision-making capabilities, setting a new benchmark for innovation in the industry.

Our CEO, Rajeev Sharma, emphasizes the strategic vision behind this innovation: "This award is a testament to our unwavering commitment to embracing cutting-edge technologies that elevate service delivery for our members and stakeholders. AI-powered automation is transforming superannuation administration, ensuring peak efficiency at every level."

This award is further to the PNG CORE Award for our exceptional service in the Finance and Banking sector. Our continuous efforts to enhance member services have set new industry standards. Our Call Center Modernization now handles an impressive average of 500 calls and 200 emails daily. Additionally, our E-Withdrawals process over 400 applications monthly for unemployment benefits and housing advances. 

At Nasfund, we are committed to bridging the gap between electronic and physical branches, ensuring accessibility, efficiency, and security in superannuation services. Our award-winning innovation is a testament to our dedication to excellence and our vision for a digitally empowered future.

Join us on this exciting journey as we continue to lead the way in innovation and service excellence. Nasfund is not just a superannuation fund; we are a partner in your financial journey, committed to making a difference in the lives of our members and the community.

Get in touch

Do you have a question for us?

Please contact us on:
Call: 1588
Email: help@nasfund.com.pg

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