India’s Largest Steel Tubes Organization Automates, Centralizes Accounts Payable Across 11 Manufacturing Plants with NewgenONE

Overview

The client, a renowned name in the steel tube manufacturing sector, wanted to modernize its accounts payable processes. Handling a substantial load of over 30,000 invoices and coordinating with over 800 distributors across 11 manufacturing facilities, the client faced challenges with visibility and tracking of invoices. The inefficiencies tied to manual data entry into SAP had led to errors and consumed significant resources. Recognizing the need for an efficient accounts payable solution that could smoothly integrate with its SAP system, the client wanted to streamline their accounts payable operations.

How Newgen Made a Difference?

Download the complete case study to find out how the client seamlessly optimized and simplified the invoice handling process, with a focus on critical aspects, such as data extraction, validation, and approval workflows. Furthermore, explore how the implementation of the accounts payable platform showed impressive results, while achieving a remarkable TAT for each invoice, averaging just 4-5 minutes.