Nextworld ERP Financials

Nextworld ERP Financials is a cloud-based financial management solution designed to enhance efficiency and flexibility in finance organizations. It caters to small, medium, and large enterprises across various industries, including manufacturing, distribution, retail, e-commerce, and more. This solution is utilized by accountants, finance professionals, financial managers, controllers, CFOs, and finance executives to streamline financial processes and gain valuable insights into business operations.

Key Features

Flexible General Ledger Structure: Nextworld ERP Financials offers a flexible general ledger structure that allows users to adapt to changes in their business. Authorized users can modify the organizational structure and chart of accounts without impacting historical transactions. The solution allows for the sharing of the chart of accounts across multiple companies, reducing the management of general ledger accounts. Users have precise control over the selection of general ledger accounts when creating transactions through flexible GL mapping rules.

Role-Based Information and Dashboards: Nextworld ERP Financials provides role-based information and drillable dashboards, offering users a comprehensive view of their business. Users can easily query data from the list view using advanced filtering and saved searches. Summary reports provide insights into various aspects of the business. Nextworld cubes enable real-time aggregations and analyses of organizational data, empowering users to build and store balances on any desired dimension.

Customizable Workflows: Nextworld ERP Financials offers built-in, configurable workflows that automate processes and facilitate the management of approval rules. Users can customize the period close checklist to align with their specific requirements for month-end activities. The no-code development platform, Nextbot, allows users to extend functionality and customize workflows, security, reports, and more. Customizations made using Nextbot are automatically incorporated with every patch and upgrade.

Built-in Analytics: Nextworld ERP Financials includes built-in analytics to provide users with insights into their financial data. Users can leverage the analytics capabilities to make informed financial decisions. The solution enables reporting across modules with attributes such as customers, suppliers, items, jobs, cost codes, and more. Nextworld cubes deliver real-time aggregations and analyses of organizational data.

Mobile Application Access: Nextworld ERP Financials can be accessed from any device using the mobile application. Users can conveniently manage financial tasks and stay connected to business operations from anywhere.

Supplier Invoice Automation (SIA): Nextworld ERP Financials seamlessly integrates with Supplier Invoice Automation (SIA) by Forza, an invoice automation solution. SIA automates the processing of PDF invoices and electronic invoices, reducing manual effort and minimizing risk.

Bank Payment Automation (BPA): Nextworld ERP Financials integrates with Bank Payment Automation (BPA) by Forza, a solution that generates electronic XML bank payment files. BPA simplifies the payment process, reducing manual effort and minimizing payment exceptions.