Case Study
Global Beverage Manufacturer Streamlines its Financial Shared Services with Newgen
There was a lack of standardization across processes and applications which resulted in silos, hampering the overall operational efficiency. Unified roles and the absence of well-defined centralized processes created complexities. Further, the users faced challenges in managing exceptions and there was poor collaboration across internal and external stakeholders due to the vast scale of operations across geographies. Furthermore, the invoices were paper-based, which required a lot of physical movement across departments. This resulted in low control over the invoices, delayed payments and higher penalties. Therefore, the client realized the need to digitize invoices and enable paperless processing by minimizing human intervention and eliminating error-prone tasks. Operation