Financial and Accounting Process Automation

Achieve greater efficiency, improved compliance, and scalability by automating your finance and accounting processes.

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 Finance and Accounting Process Automation Software - Finance and Accounting

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

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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Finance and Accounting

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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Finance and Accounting

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

Streamlined contract management - Finance and Accounting
Streamlined contract management
The US-based multinational corporation had a manual process of creating and managing contracts and no centralized...
Decreased process cycle times by 50% - Finance and Accounting
Decreased process cycle times by 50%
The client, a privately-held Dubai-based conglomerate, leveraged Newgen’s robotic process management suite to automate...
Improved processing efficiency by 60% - Finance and Accounting
Improved processing efficiency by 60%
A global alcoholic beverage manufacturer streamlines their accounts payable and receivable processes to reduce...

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Brochure: Newgen for Transforming Finance and Accounting Processes

Brochure

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 ...

May 2022

eBook: 5 Technology Trends for Shared Services Centers 2022

eBook

5 Technology Trends for Shared Services Centers 2022

Download this eBook to gain insights into the five technology trends to look out for ...

March 2022

eBook: Why NewgenONE Platform for Automating Accounts Payable Process

eBook

Why NewgenONE Platform for Automating Accounts Payable...

Accounts payable is a people, process, and document-intensive function. Using traditional ways of managing accounts ...

March 2022

Whitepaper: Modernizing and Optimizing the Financial Close Process

Whitepaper

Modernizing and Optimizing the Financial Close Process

Read this whitepaper to understand how CFOs and finance leaders, like you, can bring about ...

November 2021