Discover how a leading multinational retail franchise operator streamlined its accounts payable process with Newgen. The need to process 200,000 invoices annually without adequate automation led to issues like data extraction errors, lack of visibility in invoices and delayed payments. The company chose Newgen’s solutions to improve operations.
Solutions Delivered
Newgen’s Contextual Content Services (ECM), featuring OmniDocs (document management), OmniXtract (data extraction), and OmniScan (centralized bulk scanning), streamlined document processing, while the Intelligent Process Automation (BPM) platform automated workflows and approvals, ensuring seamless invoice processing. The solutions integrated seamlessly with the core system of the company, leading to outstanding results.
Key Benefits Achieved
- Improved accuracy with automated data extraction
- Centralized document management reduced turnaround time
- Anytime, anywhere invoice approval through mobile-enabled workflows
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