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⚡️Empower your IT infrastructure with us

Your Trusted Partner For Digital Transformation

Advanced Solutions to Protect, Manage and Maintain


Your IT Infrastructure

Cyber Security

Cloud Management

Tape Drive Repair

Empower Efficiency and Compliance Across Accounts Payable, Document Management, Onboarding and Loan Origination 


Transform Your Financial Operations With Advanced Digital Solutions

Enterprise Document Management 

A document management system (DMS) enables organizations to store, manage, and retrieve all organizational content and is a good fit for small-sized organizations. On the other hand, enterprise content management (ECM) software can offer all that a DMS has to offer and more. It is ideally suited for large enterprises as it goes beyond storage and offers capabilities like content capture, business process management, and long-term archival. It enables organizations to completely digitize their operations while effectively managing content.

Invoice Processing 

Automating the invoice process rather than manually handling it is necessary to improve the efficiency of the accounts department. Manually extracting data, verifying, and validating using business rules is time-consuming. The invoice data may need to be cross-checked with a purchase order, receipt of the goods, and cost center number. This data then has to be entered manually into ERP systems.The invoices automation overcomes delays by processing invoices in minutes. Our solution uses AI technologies to extract and validate the data from invoices. This data then validated using business rules by fetching data from ERP systems like purchase order, receipt of the goods, and cost center number. Then final data can be pushed back to ERP system for approval. 

 

Accounts Payable Automation 

Streamline cash flow management and liability reporting while improving decision making and staying compliant. Empower your accounting team with transparency and control over finances by deploying Newgen’s accounts payable software, built on a low code digital transformation platform—NewgenONE. Newgen’s AI-powered solution, which can capture, classify, validate, match, approve, manage payment, and archive different types of invoices, irrespective of the source, format, language, or region.

Account Opening

Experience the power of truly omnichannel account opening with Newgen’s onboarding solutions. Open deposit accounts anytime, anywhere instantly. Delight your customers by easing them through their journey, be it digital or in-branch. Automate all aspects of accounts opening with best-in-class process automation, powered by AI. Newgen’s account opening is fast, simple, adaptable, and compliant.

 

Loan Origination

The customers of financial institutions have to submit KYC documents in PDF or images format in KYC process. KYC documents are scanned using mobile cameras or flatbed scanners. The quality of KYC documents may be poor. The information extraction from KYC documents and verification are done manually. Manual process is time consuming and prone to human errors. Hence the best solution is end-to-end automation based on AI document processing. Bizamica’s  AI based solution is best in class in extracting valuable information (data) from the KYC documents. It is also able to verify extracted data based on the business rules. 

KYC Processing

The customers of financial institutions have to submit KYC documents in PDF or images format in KYC process. KYC documents are scanned using mobile cameras or flatbed scanners. The quality of KYC documents may be poor. The information extraction from KYC documents and verification are done manually. Manual process is time consuming and prone to human errors. Hence the best solution is end-to-end automation based on AI document processing. Bizamica’s  AI based solution is best in class in extracting valuable information (data) from the KYC documents. It is also able to verify extracted data based on the business rules. 

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Case Study

How a Dubai-Based Conglomerate Transformed Accounts Payable with Newgen’s Automation Suite

Introduction: The client is a privately held Dubai-based conglomerate and has its operations and assets spread across the UAE. It operates across different lines of business, including real estate, hospitality, retail, food and beverages (F&B), leisure, healthcare, and entertainment. Challenges Faced: Difficulty in tracking incomplete applications and generating reports Disjointed systems Long processing cycle times...

Revolutionizing Insurance Claims: How a Leading U.S. Insurer Transformed Document Management with Newgen

Introduction: Our client is the largest publicly traded property and casualty insurance company in the United States and a constituent of the Dow Jones Industrial Average. They offer a wide range of insurance products, encompassing auto, property, and commercial lines. The client handles complex, multi-decade injury and environmental claims, often involving multiple parties, predominantly reliant on...

Transforming Financial Operations: How a Multinational Bank Overcame Legacy Challenges with Newgen’s Low Code Automation

Introduction: The client is a multinational banking and financial services group with 150+ years of experience in some of the world’s most dynamic markets. Day-to-Day Challenges Faced by the Bank: Inefficient and outdated legacy systems Sluggish deployment cycles, spanning months Complex change management process Lack of visibility and standardization Suboptimal user experience and interface Limited...