Newgen Software
226 Case Studies
A Newgen Software Case Study
A leading Indian steel tube manufacturer operating 11 plants and working with hundreds of distributors faced slow, error-prone accounts payable: over 30,000 invoices a year, manual SAP data entry, no central invoice repository or audit trail, duplicate-payment risk, and a 2–5 day turnaround per invoice that drove up resource costs and delayed payments.
Partnering with Newgen, the company deployed NewgenONE to automate invoice capture, OCR-based data extraction, validation against POs, automated approval workflows, a vendor portal, and seamless SAP integration. The solution centralized document management and real-time tracking, cut invoice processing to about 4–5 minutes, improved extraction accuracy to ~70%+, scaled vendor management (7,282 vendors), reduced manual effort and errors, and delivered faster exception handling and better visibility.
Largest Steel Tubes Organization