THE TOTAL ECONOMIC IMPACT? OF NEWGEN SOFTWARE.

Forrester's study reveals an ROI of 371% and NPV of $29M over three years and a payback period of less than six months for Newgen’s low code and cloud-based platform.

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Forrester Consulting was commissioned by Newgen to conduct a total economic Impact? (TEI) study and examine the potential return on investment (ROI) that enterprises could realize by deploying Newgen Software.

For this study, Forrester interviewed three decision-makers with hands-on experience in using Newgen software to better understand their investments' benefits, costs and risks and compiled their findings into a single composite organization.

Forrester Findings

§?The Forrester Total Economic Impact? study reports that Newgen Software delivered the following risk-adjusted present value (PV) quantified benefits to the composite enterprise using the Newgen platform.

§?$5.3 million worth of value accrued over three years by digitizing manual data entry. Newgen platform, with its auto-extraction of data, auto-data validation, and single screen for data entry, enabled 50% in time savings on average per year.

§?$11.3 million in savings over three years through workflow digitization in a call center.

§?$20.1 million over a three-year horizon by automating an accounts payable process for faster revenue recognition.

§?$303K operational cost savings. Implementation of Newgen’s solution enabled the integration of existing systems and applications in a unified platform at scale. Furthermore, decommissioning unnecessary IT systems led to cost savings.

Get your copy of the Forrester Total Economic Impact? study of Newgen.

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