An Engineering Company in India Streamlines Accounts Payable Process with Newgen

A global equipment manufacturer operating in 40+ countries transformed its accounts payable  operations with Newgen’s cutting-edge Accounts Payable Automation solution. The company faced challenges such as the lack of automation tools, inconsistent invoice tracking, and poor document management. With a goal to strengthen its processes and competitiveness, it partnered with Newgen and implemented targeted solutions.

Key Benefits Unlocked

The seamless integration of the Accounts Payable Automation solution was supported by Newgen’s Intelligent Process Automation (BPM) and Contextual Content Services (ECM) platforms, leading to enhanced efficiency across processes.

• 70% faster invoice processing, resulting in quicker approvals and payments to vendors.
• 60% higher employee productivity due to automation of repetitive tasks and elimination of errors.
• 100% compliance with regulatory requirements.

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