Infotech Lead America: Newgen Software has announced the launch of a new business process outsourcing (BPO) solution – HP AutoFlow, which will enable clients to automate business processes, including finance and accounting, to enhance clients’ operational agility efforts.
As organizations struggle to maximize efficiencies and deal with inefficient, time-consuming manual workarounds while sustaining quality and process transparency, HP AutoFlow reduces the need for manual intervention and shifts valuable resources to more strategic projects by increasing automation by improved integration with ERPs and legacy systems.
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 to provide a scalable, unified solution that automates and streamlines finance and accounting processes. It uses a leveraged, private cloud infrastructure that can be rapidly deployed to support client efforts.
HP AutoFlow supports enablement of e-invoicing to improve invoice accuracy and on-time payment performance. It helps drive process transformation via process-modeling capabilities and improves cost and additional savings by accelerating processing time for accounts payable, making early payment discounts viable.
Apart from finance and administration, HP AutoFlow also suits business processes such as human resources, procurement, supply chain, master data management, dispute management and financial services.
Last month Mohsin Haider Darwish (MHD) Oman has selected Newgen Software’s BPM & ECM solution to streamline paper flow and make the entire process and accounting cycle more efficient and faster.