Newgen Software, a global leader in low code digital transformation platforms, proudly announces its inclusion among 33 notable vendors in Forrester’s ‘The Accounts Payable Invoice Automation Landscape, Q4 2023’ report. This esteemed recognition serves as a guide for CFOs, controllers, business leaders, and finance professionals seeking to identify the most effective invoice automation solution for their organizations.
Driving Digital Transformation with Newgen’s Accounts Payable Solution
Newgen’s Accounts Payable Solution, powered by NewgenONE a versatile low code platform—is strategically crafted to propel organizations through their digital transformation journey. This comprehensive solution aligns with industry expectations and best practices, offering end-to-end automation across the finance process.
From omnichannel invoice capture to multi-engine OCR extraction, AI/ML validation, touchless processing, ERP integration, payment processing, and invoice document archiving, Newgen’s solution automates standard operating procedures from initiation to completion. Moreover, its inbuilt spend management feature enables real-time tracking of business spending, centralizing and organizing spending data on Newgen’s Platform.
Achieving True Hyperautomation
Organizations can leverage Newgen’s solution to achieve true hyperautomation, harnessing best-in-class technology for end-to-end automation. By enhancing process performance, improving SLAs, and ensuring a seamless user and vendor experience through a user-friendly collaboration portal, Newgen empowers organizations to optimize their operations and drive efficiency.
“At Newgen, we are committed to transforming the finance and accounts function by understanding the unique needs and expectations of finance, vendors, and other stakeholders. Our rich experience of over 30 years in invoice processing helps organizations cover their legacy to modern expectations being met and act as a launch pad for business inclusive strategies, which we believe this report acknowledges as well,” said Runki Goswami, Head of Marketing, Newgen Software.
In summary, Newgen Software’s Accounts Payable Solution stands as a testament to the company’s commitment to innovation and excellence in digital transformation. As organizations embark on their journey towards automation and efficiency, Newgen remains a trusted partner, providing cutting-edge solutions tailored to meet evolving business needs.
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