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NextProcess automates procurement and AP processes, offering in-app carts for shopping on suppliers’ sites, catalog items for savings, and automated approvals/routing. Integrated with systems like SAP, Oracle, SAGE, NetSuite, and QuickBooks, it helps businesses save time, reduce paperwork, and improve efficiency.
The Smyte Score is a weighted average from leading review sites across the web.
Increased Efficiency:
Users report significant improvements in processing times, with some experiencing reductions from 8.6 days to 5.4 days for vendor payments.
Cost Savings:
By automating accounts payable, businesses have achieved a return on investment within 9 to 12 months, leading to ongoing reductions in processing costs.
Enhanced Oversight and Reporting:
The platform provides robust reporting tools, offering better visibility into financial processes and aiding in compliance tracking.
Complex Initial Setup:
Some users find the initial configuration challenging, requiring dedicated time and resources to tailor the system to their organization’s needs.
Learning Curve:
New users may experience a learning curve due to the platform’s extensive features and functionalities, necessitating training and adaptation.
Integration Challenges:
While NextProcess offers integration with various ERP systems, some users have reported difficulties during the integration phase, highlighting the need for technical expertise.
** Smyte uses AI to analyze online reviews, extracting key pros and cons by identifying patterns and summarizing customer feedback into actionable insights.