Financial and Accounting Process Automation
Achieve greater efficiency, improved compliance, and scalability by automating your finance and accounting processes.Request Demo
Sign up to continue
Finance and Accounting Process Automation Software
Consolidate your key business functions, including accounts payable, accounts receivable, and general ledger, with our finance and accounting-specific solutions, built on NewgenONE digital transformation platform. Configure and orchestrate different processes to handle various business scenarios and entities on a single platform that can seamlessly integrate with multiple systems. Leverage the key functionalities, including predictive intelligence, intelligent document processing, KPI-based interactive operational dashboards, and anytime-anywhere access to information to make informed strategic decisions.
Accelerate Digital in Your Finance Function
Read this guidebook for CFOs to understand how you effectively leverage technology to modernize financial operations and deliver tangible results.Learn More
- Touchless processing of vendor invoices
- Accurate information extraction from invoices while ensuring continuous learning
- Efficient processing of non-POs using suggestive coding
- Predictive analytics and visual dashboards for real-time visibility
- Automated smart rules integrated with AI for real-time prescriptive decisions
- Improved payment lifecycle for vendors and partners
- Real-time visibility into different customer accounts, invoice status, actions, and performance
- Automated fraud detection and prevention
- Improvements in working capital and better transparency into cash flows
- Real-time response across channels with built-in automated communication management
- Intelligent translation of individual data points into trends and analytics for users’ plans for the future and forecast payers’ behavior
- Centralized transactions across multiple business entities in real time
- Automated general ledger entries to predefined books or to multiple books simultaneously
- Auto-scheduled recurring and reversing entries, thereby saving significant time
- Complete management of fixed asset data, from approval to disposal
- Alerts, reminders, and notifications to accountants in case of reconciliation discrepancies
Streamlined contract management
Decreased process cycle times by 50%
Improved processing efficiency by 60%
Newgen for Transforming Finance and Accounting Processes
Ensure end-to-end processing of financial data by using in-built intelligent and analytical capabilities, make strategic ...
5 Technology Trends for Shared Services Centers 2022
Download this eBook to gain insights into the five technology trends to look out for ...
Why NewgenONE Platform for Automating Accounts Payable...
Accounts payable is a people, process, and document-intensive function. Using traditional ways of managing accounts ...
Modernizing and Optimizing the Financial Close Process
Read this whitepaper to understand how CFOs and finance leaders, like you, can bring about ...