- As part of a complete Procure to Payment digital transformation initiative across all their operations, our client approached EDMS / Newgen to help improve their current Account Payables.
- Introduced and implemented Newgen AP solution using an integrated team from EDMS & Newgen. The project was completed within 6 months and since go-live we have provided a number of enhancements and support programs.
- The solution included all invoices from all hospitals/clinic being sent to a centralised folder for retrieval by our AP solution which captures all invoices, captures relevant data, matched invoice data against Purchase Order and goods received / consignment notes using our specialised capture, process automation.
Benefits & ROI:
- Able to save cost for Client as Newgen AP solution is more cost-effective due to more unified processing
- Able to eliminate hardcopy storage cost
- Able to reduce human error
- Improved transparency, automation and quality control
- Able to reduce invoice – po manual matching and eliminate invoice cost from branch
- Able to reduce workman hour
- Efficient for faster payment