Process Automation Software: Finance and Accounting

Finance and Accounting Process Automation Software

Digital transformation is increasingly imperative for finance and accounting-based shared services. Automate your business processes with our finance and accounting solutions including procure-to-pay, order-to-cash, records-to-report, master data management, and fixed assets. Streamline hundreds of processes with billions of transactions to improve productivity, achieve faster turnaround times, and guarantee a “first time right” approach.

Solutions for Finance and Accounting

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

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Order-to-Cash

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

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Record-to-Report

Transaction and report scheduling
Journal entry upload
End-to-end activity tracking
Unified comprehensive interface
Exception handling and auditing
Continuous monitoring and alerts

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Fixed Asset

Digitized asset management
Asset Acquisition and Commissioning
Asset Audit, Transfer, and Disposal
Configurable, Rule-driven Checklists and Alerts
End-to-end Visibility into Asset Status

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Master Data Management

Complete process automation
Data checks and consistency
End-to-end process visibility
Contextual communication
Comprehensive auditing
Integrated data management workflows

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Solutions for Finance and Accounting

Procure-to-Pay

Achieve faster cycle times by streamlining vendor...

Order-to-Cash

Streamline your order fulfillment process for a...

Record-to-Report

Capture, process, and report financial information for...

Fixed Asset

Maintain a 360-degree view of fixed assets with automated...

Master Data Management

Streamline your master data management processes for...

Success Stories

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%

The client, a privately-held Dubai-based conglomerate, leveraged Newgen’s robotic process management suite to automate...

Improved processing efficiency by 60%

A global alcoholic beverage manufacturer streamlines their accounts payable and receivable processes to reduce...

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.
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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.
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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 !
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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!
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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.
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