Finance and Accounting Process Automation Solutions

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.

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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.

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Solutions for Finance and Accounting

Accounts Payable

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

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Accounts Receivable

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

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General Ledger

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

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Success Stories