Newgen Software Technologies Ltd.

Newgen Software Technologies has bagged order from Thomas Cook  (India) and its Group Company, SOTC Travel. Thomas Cook (India) and its Group Company, SOTC Travel, have selected Newgen to digitize their accounts payable (AP) process. Leveraging Newgen’s Accounts Payable Solution - built on the NewgenONE Digital Transformation Platform - the Companies will be able to create a consolidated process for all invoice processing flows and ensure a seamless collaboration amongst users and departments.

Equipped with various capabilities, including multi-channel initiation of transactions, auto-extraction of invoice header data, exception management, auto verification and validations, comprehensive dashboards, and identification of duplicate entries before releasing payments, the solution will empower Thomas Cook India and SOTC to prioritize faster invoice processing for their MSME vendors, ensure traceability and transparency across the process. Furthermore, the solution’s robust integration with SAP, front end, and third-party systems, such as CANVAS, Mantra, and ICONIC will help them in staying compliant.

Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.