Whether you procure indirect or direct materials, labor, or capital equipment, Nextworld can help you make the buying process more efficient. Make data-driven purchasing decisions and properly manage your materials—all with the big picture in mind.
With Nextworld Procurement, you can measure your company’s performance over time to identify areas for improvement. Track key performance indicators like time to match receipts to purchase orders, spend analysis, supplier performance, and consolidations.
The Nextworld Buyer Workbench brings all your procurement considerations into a single screen, making the buying process more efficient. Customize our platform based on the specific supplier attributes and processes that make your business unique.
Nextworld acts as a centralized database of supplier information, allowing you to quickly access contact details, contractual and transactional terms, and historical performance data. You can also pre-define supplier performance metrics and measure against them throughout your relationship.
Unlock real-time visibility into your inventory. Nextworld records and manages all movements of materials within your organization, allowing you to easily keep track of material quantity and location while updating the general ledger at every step.
Our Buyer Workbench helps purchasing agents easily manage open purchase requisitions, supplier quotes, and purchase orders, and move them through the buying process—all from a single location. Leverage Nextworld’s pre-built workflows and supplier inputs like pricing, availability, delivery times, and supplier ratings.
From regulatory standards to consumer demands, customers care now more than ever where goods come from, who made them, and the ensuing processes. Nextworld’s flexible platform allows you to easily capture specific attributes like locally sourced, women- or minority-owned, and environmental, social, and governance (ESG).
Supplier management is critical to optimizing your purchasing operations. When sourcing items from multiple suppliers, Nextworld makes it easy to compare the inputs that matter to you and quickly push out a purchase order. The platform can also match purchase orders with receipts, ensuring accurate and timely payments to suppliers.
Learn how R&R Millwork eliminated hours of manual effort by creating custom automations for its purchasing process.
Read the success storyWatch a demo of the features that matter to you.
