The client started its operations as a Non Banking Finance Company in November 1994 and aims at making a strong foray in the ever-expandingfinancial services sector. They fund income generating assets/activities while maintaining a clear focus on returns.
Accounts Payable Process Automation with Newgen Omnisuite Increased employee efficiency & productivity, reduced effort for the bill payment cycle, better audit & compliance management, established & efficient tracking as well as monitoring process, reduced operational cost and an efficient utilization of the capital assets/infrastructure for a Shared Service Centre (SSC) to streamline the Accounts Payable (AP) process.
Web-based solution enabling online access to the invoice system, reduced TAT, complete visibility into the processes, an efficient enabler in providing a better customer service for a retail technology Service Provider.
Newgen’s web-based solutions enabled the company to provide online access to the invoice system. The solution not only reduced TAT but also cut down the time taken by each process. Newgen’s solution provided a complete visibility into the company’s processes. Thus, the Newgen solution was an enabler in providing a better customer service.
Reduced errors due to image-enabled data entry process, increased accuracy as well as improved internal controls, better credit planning & management, real-time invoice visibility, reduced paper volume & costs along with increased level of monitoring for a leading consumer durables company.