Newgen’s Accounts Payable solution helps organizations gain complete control of their accounts payable operations.
The solution provides greater visibility into the bill processing cycle allowing approval through electronic viewing of documents and automated exception and resolution.The Newgen solution ensures lower operating costs, better financial planning, improved vendor relationships and adherence to audit requirements. The solution can be integrated with SAP to provide optimized invoice processing, by automating data entry, matching invoice data to corresponding accounts and purchase orders, and mapping it to a SAP transaction. It has been defined to effectively resolve invoice exceptions and has a proven track record of resulting in 50% faster TAT, 150% improved employee productivity and 30% lower operational costs in quick time.
