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What is WPS 4?

WPS 4 significantly improves the complete purchase-to-pay workflow for businesses, covering aspects from the creation of initial demand to billing and payment methods. This solution enhances and harmonizes the procurement process for indirect goods and services, resulting in greater operational efficiency. By leveraging proven best-practice workflows, it not only speeds up order processing but also provides robust analytical and reporting tools that draw on extensive industry knowledge. A key factor in its effectiveness and user adoption is the advanced search functionality, which has a profound influence on performance, result accuracy, and overall user satisfaction. The redesigned search engine in WPS 4 skillfully accommodates over 20 million items and produces quick, unlimited search results. In addition, it improves the user interface by integrating features that are reminiscent of consumer-oriented online shopping, making it user-friendly and easily accessible. This thoughtful design ensures that users can navigate the system with confidence and efficiency, ultimately enhancing their purchasing experience.

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.

Media

Media

Integrations Supported

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

Integrations Supported

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

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

WPS Management

Company Location

Germany

Company Website

www.wps4.de/

Company Facts

Organization Name

NextProcess

Date Founded

2003

Company Location

United States

Company Website

www.nextprocess.com

Categories and Features

Procurement

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

Categories and Features

Accounts Payable

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

Business Process Management

Access Controls / Permissions
Alerts / Notifications
Business Process Automation
Business Rules Management
Collaboration
Process Change Tracking
Process Mapping
Process Modeling & Design
Visual Workflow Management

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
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
Time Tracking
Workflow Management

Procurement

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

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