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What is NextProcess?

Gain greater control over capital spending with powerful capital project management software designed to efficiently oversee projects of any size. A streamlined capital expenditure requisition system, combined with real-time reporting and business process improvement tools, provides complete visibility into project costs, approvals, and budgets. Essential project management resources are included as standard, helping teams stay on track and achieve their goals. Once spending is approved, our enterprise-grade procurement software helps manage purchasing with confidence. The intuitive PO management system is easy for employees across the organization to use, while real-time spend analysis, savings tracking, and pricing analytics provide the insight needed to optimize procurement performance and maximize cost savings. As purchases move through the payment cycle, automating accounts payable transforms AP from a cost center into a strategic. Advanced capabilities such as invoice imaging, digital document management and accurate AI-driven data extraction with more than 99% streamlines invoice processing. Combining with over 90% touchless processing with an intelligent automation engine tailored to your requirements, AP teams can significantly improve efficiency, accuracy, and compliance. Together, these solutions create a seamless process for managing expenditures from initial capital requests and purchasing through invoice processing and disbursements. In today's fast-paced business environment, optimizing these financial operations delivers lasting efficiency gains, reduces costs, and enables organizations to allocate resources more strategically to support future growth. Whether you implement a single solution or the complete platform, you'll gain greater visibility, efficiency, and control while transforming your financial business operations.

What is FIS Integrated Payables?

Integrated payables are transforming the accounts payable landscape, transitioning it from just a cost center to a potential revenue-generating asset. Despite this shift, many businesses continue to depend on checks for their transactions, which results in significant annual costs related to check processing. FIS Integrated Payables addresses this issue by converting these check disbursements into electronic payments, effectively reducing expenses while also lowering the risks associated with handling sensitive banking information and decreasing the need for paper documentation. Engaging in our virtual card rebate program can help you eliminate nearly all costs related to payment execution. Additionally, our vendor enrollment service simplifies the workload of your accounts payable department by automating the registration of vendors for electronic payments, thus further reducing the risks associated with maintaining bank account data and the hassle of managing physical records. By leveraging our virtual card initiative, you can benefit from monthly rebates without the complexities of tiers or thresholds, which significantly improves your financial efficiency. Overall, this innovative approach not only streamlines your accounts payable processes but also enhances their profitability, ensuring that your organization reaps the rewards of modern financial management practices.

Media

Media

Integrations Supported

Epicor Kinetic
JD Edwards EnterpriseOne
NetSuite
Plex Smart Manufacturing Platform
SAP Business One
Sage 500

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

NextProcess

Date Founded

2003

Company Location

United States

Company Website

www.nextprocess.com

Company Facts

Organization Name

FIS

Date Founded

1968

Company Location

United States

Company Website

www.fisglobal.com/products/fis-integrated-payables

Categories and Features

Accounts Payable

Approval Process Control
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

AP Automation

Not specified

Business Process Management

Access Controls / Permissions
Alerts / Notifications
Business Process Automation
Business Rules Management
Collaboration
Process Change Tracking
Process Mapping

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Capture
Document Conversion
Document Delivery
Document Indexing
Document Retention
Electronic Signature
Email Management
File Recovery
File Type Conversion
Forms Management
Full Text Search
Offline Access
Optical Character Recognition
Print Management
Version Control

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Medical Accounting

Not specified

Procurement

Bid Management
Budget Management
Catalog Management
Contract Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Trucking Accounting

Not specified

Categories and Features

Accounts Payable

Not specified

B2B Payment

Not specified

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