Case Study

A Renowned Engineering Company in India Streamlines its Accounts Payable Process with Newgen

A Renowned Engineering Company in India Streamlines its Accounts Payable Process with Newgen

Pages 4 Pages

A renowned Indian engineering company, expanding its operations to over 40 countries, faced complexities in managing its accounts payable (AP) process. Partnering with Newgen, the company implemented the Accounts Payable Automation Solution, supported by BPM and ECM platforms. This solution captured and stored documents centrally, automated workflows, and provided real-time invoice tracking. The transformation led to a 70% reduction in turnaround time, 60% higher productivity, improved vendor relationships, and 100% compliance, significantly enhancing efficiency and document accessibility.

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