What will you build with Nextworld?

Streamline the returns process by automating inspection workflows to ensure consistent quality checks, reduce processing time, and improve decision-making on restocking or disposition.

Optimize job-based inventory management with comprehensive, real-time visibility into material usage, stock levels, and job-specific inventory.

Streamline tax compliance by consolidating detailed tax data in one place and simplify the filing process by seamlessly integrating with third-party tax filing platforms.

Streamline the tracking of overdue payments and prioritize collection efforts with a comprehensive view of outstanding invoices, categorized by aging periods.

Review all open AP transactions by aging, categorized into defined buckets, to manage outstanding liabilities efficiently.

Create and manage 1099 reports, including 1099-MISC and 1099-NEC, ensuring accurate tax reporting and compliance.

Create and manage 1096 reporting for accurate IRS filing and compliance with information return requirements.

Analyze revenue for auditing and footnote purposes, providing key financial insights to support informed management decisions.

Predict and manage cash flow in the short term, ensuring better liquidity planning and financial decision-making.

By automating tax calculations, tracking changes, and ensuring compliance across jurisdictions, Tax Management reduces manual effort, minimizes errors, and enhances the accuracy and timeliness of your tax reporting.

Store the balance for each GL account and organizational unit by fiscal period, including budget amounts for detailed financial tracking.

Automatically adjust invoice amounts for earned or claimed deductions to ensure timely, accurate transactions, reduce manual intervention, and enhance cash flow visibility.