Record-to-Report

Capture, process, and report financial information for timely decision making.

Request DemoWHY NEWGEN
 Record-to-Report Process Automation Software - Record-to-Report

Record-to-Report Process Automation Software


Enable the supply of relevant and accurate financial information with an effective record-to-report (R2R) automation solution to facilitate strategic and timely decision-making. Process and streamline existing transactional data to gain visibility and insights into the organization’s financial performance. Achieve operational efficiency with R2R’s unique features, including automated alerts and reminders, turnaround time management, multi-level approval, and audit mechanisms.

 -  - Record-to-Report
Record-to-Report

Transaction and Report Scheduling

  • Defining of scheduled transaction and reporting activities as daily, weekly, monthly, etc.
  • Auto-triggering of notifications for scheduled activities

Journal Entry Upload

  • Bulk excel upload functionality of journal entries with support for different types of entry types
  • Auto-validation of Standard Chart of Accounts (SCoA) with the ERP

End-to-end Activity Tracking

  • Recording of each transaction to eliminate the chances of repeating, missing, or omitting entries in the accounting books
  • Chronological recording of journal entries/vouchers for clear visibility
Record-to-Report

Unified Comprehensive Interface

  • Single application for all R2R activities
  • Integration with multiple disparate systems to provide a single user-friendly interface

Exception Handling and Auditing

  • Checklists to eliminate errors and ensure process compliance
  • Centralized and web-based audit mechanism to maintain end-to-end audit trails

Continuous Monitoring and Alerts

  • Intuitive dashboard to effectively monitor journal entries/vouchers and process turnaround time
  • Rule-based alerts and notifications for timely decision-making

Solutions for Finance and Accounting

Achieve faster cycle times by streamlining vendor...

Streamline your order fulfillment process for a...

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

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

Streamline your master data management processes for...

Success Stories

Streamlined contract management - Record-to-Report
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% - Record-to-Report
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% - Record-to-Report
Improved processing efficiency by 60%
A global alcoholic beverage manufacturer streamlines their accounts payable and receivable processes to reduce...

Learn More

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 ...

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 ...

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 ...

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 ...