General Ledger

Centralize your general ledger and journals across all entities using Newgen’s General Ledger Solution—built on a low code digital transformation platform—NewgenONE. Leverage pre-built configurable validations and approvals for each entity, ensuring that journals and general ledgers are posted without errors. Minimize overall turnaround time while getting accurate figures and effortlessly reconciling your accounts. Rely on customizable workflows to match the specific needs of each entity, ensuring that the process is tailored per your organization’s requirements. Integrate with other systems, such as ERP and CRM systems, to streamline the general ledger and journal posting process. Improve visibility and control over the general ledger and journal posting process, ensuring all entities follow standardized procedures.

Solutions for Finance and Accounting

Journal Processing

Instant uploading and processing of journal vouchers
Configurable validation rules to avoid invalid journals
Dynamic change of forms, accommodating different journal types
Dynamic routing of approval (sequential/parallel) based on various parameters (entity, cost center, department, etc.)
Strong integration with ERPs/accounting systems for posting journals
Detailed audit logs

Fixed Assets

Digitized process for asset approvals to disposals
Centralized asset database
Photo tagging of assets and capturing of documents
Budget tracking for improved financial planning and control
Assets accountability and user mapping
Compliance adherence for asset transfers
Checklist-based asset audits
Detailed reports to offer contextual insights

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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