N.E.X.T. Payables & Receivables is an specialized cash flow management tool which is covering all payment processes: Issuing proforma invoices; Converting to invoice; Sending over e-mail; Advance payments; Credit and debit notes; Receivables tracking; option for connecction with bank account.
Issuing of proforma for advance payments, as well as credit and debit notices. Invoicing in different currency and conversion rates.
Monitoring of paybles by suppliers, partners, etc. Option for interception of a payable with a receivable with same counterparty.
Monitoring of receivables by maturity, management of bank and cash accounts, cash reports. Recording of bank payments and matching with invoices.
Automatic retreival of the current exchange rates from National Bank System, automatic taking of data for a legal entity registered for VAT in the EU. Ability to send e-mails directly from the system – issued invoices, reports on receivables and payables, etc. Integration with electronik banking system to retreive automatically payments and match with current documents.