LACTALIS India, part of the world’s largest dairy group, transforms its invoice processing with Newgen

French multinational’s Indian dairy subsidiaries rely on NewgenONE to successfully manage over 4.65 lakh invoices

NOIDA, India, February 28, 2024 /PRNewswire/ — By leveraging Newgen’s invoice processing solution, built on NewgenONE, a low-code platform, Lactalis India aims to centralize its invoice processing and establish standardized practices throughout the process.

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Finance and accounting managers now have access to real-time metrics for vendor payments, enabling intelligent user allocation, automatic case routing, and the use of straight-through transaction processing for faster turnaround time. fast. Additionally, a gamified experience helps motivate and improve the performance of all business users.

“In 2014, we entered the Indian market through the acquisition of Thirumala Milk Products Pvt. Ltd, a South Indian dairy manufacturing company. Subsequently, we expanded our presence by acquiring the other leading dairy companies in the country. India, including Anik Industries and Prabhat Dairy in 2016 and 2019. As our business continued to grow, we needed to be more efficient. Our existing invoice processing process lacked digitalization and centralized document management, which significantly impacted our workforce productivity and operational efficiency. With digital transformation based on Newgen’s low-code platform, we have managed to eliminate manual intervention in the invoice management process. We are now closer to achieving our goal of end-to-end digitalization and process standardization,” said MS. Odete Maria Guedes RibeiroFinancial Director at Lactalis India.

“The NewgenONE platform is instrumental in providing a fully digitized invoice management process with fast, secure and easy access to information. We are excited to contribute to Lactalis’ digital transformation journey, guiding them from manual processes to a modernized approach in India. We look forward to helping them achieve their business goals,” said Sunil Panditaentrepreneur (India And South Asia) at Newgen Software.

About the LACTALIS GROUP

Lactalis India is a subsidiary of the LACTALIS GROUP. The group offers a wide range of dairy products to retail and catering customers in Asia, AfricaTHE Middle East, and the French overseas territories. It ranks first among dairy groups in the world. Some of the brands belonging to the group are Parmalat, President, Lactel, Siggi’s Dairy, Skånemejerier, Rachel’s Organic and Stonyfield Farm.

About Newgen Software

Globally, successful businesses rely on Newgen’s industry-recognized low-code application platform to develop and deploy complex, content-driven, customer-engaging business applications across the globe. cloud.

For more details, visit www.newgensoft.com

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SOURCE Newgen Software Technologies Ltd.

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