Optimize Costs Without Sacrificing UX

Tech-enabled cost-reduction can cut indirect costs by up to 20% in 12 to 18 months.
– McKinsey & Company

Enterprises today are striving to optimize their costs without compromising on innovation or customer experience. They are looking to start small for immediate returns on investment, even avoiding a full due diligence in their technology purchase. It is critical that you not only prioritize cutting or managing costs, but also invest in a digitization strategy that aligns with your long-term goals.

You have successfully optimized your costs when

You have analyzed your operations and identified areas for improvement

You have outlined a comprehensive strategy for managing direct and indirect costs

You have automated the eligible tasks and processes within your organization to reduce your operational and administrative costs

You have invested in a scalable, future-proof technology platform to ensure long-term returns

You have implemented new-age technologies, such as robotic process automation and artificial intelligence

You track your optimization initiatives to capture impact and update your strategy

Newgen can help!

Optimize your costs with our products and industry-specific applications

eGov Office

Streamlined file management
Automated query routing and processing
Collaborative learning and informed decision making
Committee and meeting follow-ups
Digital signature and barcode integration
Compliance with Manual of Office Procedures

Learn More

Electronic Document and Records Management

Centralized content management
Comprehensive content search and retrieval
Streamlined information access
Unified, platform-based system
Data security and integrity
Compliance and risk management

Learn More

Procure-to-Pay

RFP comparison and evaluation
Self-service vendor portal
Omnichannel processing
Holistic view of underlying workflows
Intelligent document management
Unified systems and processes

Learn More

Order-to-Cash

Invoice and communication capture
Accounts receivable collection posting
Receivables visibility for stakeholders
Automated dunning
Continuous cash flow tracking
Centralized O2C processing

Learn More

Order Fulfillment

Integrated SOPs and checklists
Workflow-driven transaction processing
Process visibility and flexibility
Multiple drilldown reports
Alerts and notification triggers

Learn More

Where are you in your digital transformation journey?

Problem Identification

We have compiled tools and documents to help you in your journey. Knowing that “what you see depends on where you stand,” we have something for you, as a line-of-business operations in-charge, an IT leader, or a C-level executive, for your industry-specific needs.
Learn more

Solution Exploration

At this stage, you might find that the available technology/solution is going beyond your initial expectations in terms of scope. This is also the stage of building consensus among your peers for your industry-specific needs, whether you are a line-of-business operations in-charge, an IT leader, or a C-level executive.
Learn more

Requirement Building

This stage is all about looking beyond features and functions. After all, addressing just the immediate need can translate into “short term gain but long-term loss.” Invest in a technology that solves for your today’s needs and is extensible and configurable for your unknown future needs. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you don’t want to go through the same process in another 2-3 years !
Learn more

Vendor Selection

It all comes down to choosing the right partner. Their innovation history, industry focus, local presence, support services, partner ecosystem, technology strength, cost effectiveness, customer references, risk rating, and lot more needs to be evaluated. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you are all evaluating them from your unique perspectives!
Learn more

Solution Optimization

That feeling of achievement and relief after a successful, on-time, in-budget project is all what you look for. Believe us, the feeling is mutual. As a line-of-business operations in-charge, an IT leader, or a C-level executive, make sure you celebrate the milestone, recognize everyone who made the project successful, and identify your additional digital needs.
Learn more