Accounts Receivable

Accounts Receivable Software

Get a holistic view of your accounts receivables and complete visibility into the status of declined, outstanding, one-time, and recurring payments. By leveraging the accounts receivable solution, built on NewgenONE, you can conveniently access the customers’ information and details of their respective invoices. Enable your business users to capture any customer-stated reason for late submission of invoices and easily add a remark specifying the next committed payment date. Leverage the case management feature to dynamically create and assign tasks based on customers’ actions. Standardize all transactions while giving single-click access to collections’ information, sourced directly from core financial systems. Auto-segregate receivables, along with the supporting artefacts, based on aging; archives complete information into a centralized repository.

Solutions for Finance and Accounting

Collections and Dunning

Auto assigning invoices to respective collection agent
Detailed invoice analysis
Options to hold/extend the payment period for the invoices based on customers’ request
Auto classification/triggering of invoices
Instant generation of collections summary
Dynamic task assignment to users from different departments—insurance, legal, etc.
Robust integration with third-party systems

Customer Management

Easy-to-use self-service portal for customers/partners to submit onboarding requests
Configurable business validation rules to avoid fraudulent requests
Options for a customer to submit their update requests on the customer portal
Dynamic routing of approvals
Real-time integration with ERPs
Exception handling and auditing
Continuous monitoring and alerts

Solutions for Shared Services Centers

Finance and Accounting

Achieve greater efficiency, improved compliance, and...

HR Operations

Transform your end-to-end HR operations to enhance...

Supply Chain Management

Automate supply chain processes for cost efficiency and...

Success Stories

Streamlined contract management

The US-based multinational corporation had a manual process of creating and managing contracts and no centralized...

Decreased process cycle times by 50%

The client, a privately-held Dubai-based conglomerate, leveraged Newgen’s robotic process management suite to automate...

Improved processing efficiency by 60%

A global alcoholic beverage manufacturer streamlines their accounts payable and receivable processes to reduce...

Where are you in your digital transformation journey?

Problem Identification

We have compiled tools and documents to help you in your journey. Knowing that “what you see depends on where you stand,” we have something for you, as a line-of-business operations in-charge, an IT leader, or a C-level executive, for your industry-specific needs.
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Solution Exploration

At this stage, you might find that the available technology/solution is going beyond your initial expectations in terms of scope. This is also the stage of building consensus among your peers for your industry-specific needs, whether you are a line-of-business operations in-charge, an IT leader, or a C-level executive.
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Requirement Building

This stage is all about looking beyond features and functions. After all, addressing just the immediate need can translate into “short term gain but long-term loss.” Invest in a technology that solves for your today’s needs and is extensible and configurable for your unknown future needs. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you don’t want to go through the same process in another 2-3 years !
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Vendor Selection

It all comes down to choosing the right partner. Their innovation history, industry focus, local presence, support services, partner ecosystem, technology strength, cost effectiveness, customer references, risk rating, and lot more needs to be evaluated. As a line-of-business operations in-charge, an IT leader, or a C-level executive, you are all evaluating them from your unique perspectives!
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Solution Optimization

That feeling of achievement and relief after a successful, on-time, in-budget project is all what you look for. Believe us, the feeling is mutual. As a line-of-business operations in-charge, an IT leader, or a C-level executive, make sure you celebrate the milestone, recognize everyone who made the project successful, and identify your additional digital needs.
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