2013-03-20 10:57:38 - HP AutoFlow, solution will enable clients to automate business processes, including finance and accounting, to enhance clients’ operational agility efforts
Newgen Software, a leading global provider of Business Process Management (BPM), Enterprise Content Management (ECM) and Customer Communication Management (CCM) has announced the availability of a new business process outsourcing (BPO) solution - HP AutoFlow. The solution will enable clients to automate business processes, including finance and accounting, to enhance clients’ operational agility efforts.
Speaking on the tie-up, Mr. Diwakar Nigam, CEO and MD, Newgen Software said, “HP AutoFlow combines HP’s deep BPO experience with the scalability and flexibility of Newgen’s OmniFlowTM BPM solution. Hosted in a leveraged cloud environment, HP AutoFlow fully integrates with HP Document Processing Services and the HP invoice automation program to enable electronic receipt, document scanning, data capture and document repository services while allowing easy integration
into clients’ back office systems.”
“Today’s chief financial officers are plagued with diminishing resources and the growing complexity of processes and technology,” said Danila Meirlaen, Vice President, Business Process Outsourcing, HP Enterprise Services. “HP AutoFlow builds on our strong history in finance, administration and technology to increase process automation and optimize cost structures, so clients can focus on revenue-generating activities.”
With business functions becoming more complex; organizations are struggling in their efforts to maximize efficiencies while sustaining quality and process transparency. These complexities often compound the problem and lead to inefficient, time-consuming manual workarounds. However, enterprises continue to vehemently drive cost cutting measures while aiming to increase the return on investment (ROI) on their enterprise resource planning (ERP), core banking and insurance systems.
HP AutoFlow integrates with any ERP platform and is designed to provide a scalable, unified solution that automates and streamlines finance and accounting processes. Utilizing a leveraged, private cloud infrastructure, the solution offers out-of-the-box functionality. HP AutoFlow can be rapidly deployed to support client efforts to:
• Reduce the need for manual intervention and shift valuable resources to more strategic projects by increasing automation through improved integration with ERPs and legacy systems.
• Support enablement of e-invoicing to improve invoice accuracy and on-time payment performance.
• Drive process transformation via process-modeling capabilities.
• Improve cost and additional savings by accelerating processing time for accounts payable, thereby increasing opportunities for early payment discounts.
Apart from the finance and administration, HP AutoFlow is an ideal fit for other business processes such as human resources, procurement, supply chain, master data management, dispute management and financial services.
Newgen Software Technologies Limited is a leading global provider of Business Process Management (BPM), Enterprise Content management (ECM) and Customer Communication Management ( CCM), with a global footprint of 1000 installations in over 50 countries with large, mission-critical solutions deployed at the world's leading Banks, Insurance firms, BPO’s, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.
Newgen’s Quality Systems are certified against ISO 9001:2008 and Information Security Standard, ISO 27001:2005. Newgen has been assessed at CMMi Level3.