Case Study: Global Equipment Manufacturer achieves 70% faster invoice processing and 100% compliance with Newgen Software's Accounts Payable Automation

An Engineering Company in India Streamlines Accounts Payable Process with Newgen

A renowned Indian engineering company, established in 1944 and manufacturing tractors, automotive and railway components, and construction equipment, faced growing complexity as it expanded to 40+ countries. Its accounts payable process suffered from manual workflows, poor document management, inconsistent invoice tracking, missed payments, and long turnaround times that strained vendor relationships.

The company implemented Newgen’s Accounts Payable Automation—combining OmniDocs (ECM) for centralized capture and storage, iBPS (BPM) for workflow automation, OmniXtract for intelligent data extraction, and OmniScan for barcode-enabled processing—providing real-time invoice visibility and automated routing. The deployment cut invoice processing time by 70%, lifted productivity by ~60%, ensured 100% compliance, sped decision-making, and improved vendor satisfaction.