Solutions

Private Equity Operations by Role

  • Next Process:
  • Home
  • Private Equity Operations...

Transform Your Private Equity Operations with NextProcess Software Suite.

Streamline procurement, accounts payable, and disbursement processes, enhance visibility and control, integrate seamlessly with existing ERP systems, and safeguard sensitive financial data for improved efficiency and profitability. Discover how NextProcess can revolutionize your back office operations.

Improved Efficiency and Cost Savings

Streamline procurement, accounts payable, and disbursement processes, reducing errors, optimizing costs, and increasing profitability.

Enhanced Visibility and Control

Real-time tracking, centralized data management, and comprehensive reporting empower better decision-making, visibility, and control over financial operations.

Seamless Integration and Scalability

Modular suite integrates with existing ERP systems, accommodating growth, minimizing disruptions, and scaling operations effectively.

Robust Security and Compliance

Protect sensitive financial data with multi-level access, secure storage, encryption, and enhanced security features for compliance and risk mitigation.

Why Trust NextProcess

Expertise and Experience

With over 20 years of industry experience and a team of helpful experts, NextProcess has the expertise to deliver top-notch AP automation solutions.

Delivery Excellence

Delivery is our top priority, yielding an industry-leading record of solution deployment and implementation.

Strategic Partner

We treat each client with individual respect and attention, developing strategic partnerships while continuously driving improvement.

Solutions

Accounts Payable

  • Automated Invoice Matching and Coding: Reduces processing time and eliminates errors, saving private equity professionals valuable time and resources.
  • Approval Routing: Streamlines approval processes and increases efficiency, ensuring timely payment of invoices.
  • Real-Time Tracking: Provides real-time tracking of invoices and payments, enhancing visibility and control over financial operations.
  • Mobile Access: Offers convenient access from anywhere, anytime, enabling private equity professionals to stay on top of their AP processes on the go.
  • Enhanced Security Measures: Protects sensitive financial data with multi-level user access, secure data storage, and encryption, ensuring compliance and minimizing risks.
  • Analytics and Reporting: Provides deeper insights into financial performance through analytics and reporting capabilities, empowering private equity professionals to make informed decisions based on comprehensive data analysis.
  • Cost-effective Automation: Implements cost-effective software solutions to reduce expenses and increase profitability for private equity firms.

Procurement/PO

  • Customizable Approval Routing: Provides flexible and customizable approval routing, ensuring efficient processing of purchase orders, saving time and speeding up operations.
  • Centralized Data: Consolidates procurement data in one place, enabling private equity professionals to access and analyze data from all portfolio companies within a single system, improving visibility and control.
  • Automated Processes: Streamlines procurement processes, reducing errors and speeding up the overall procurement cycle, enhancing efficiency and reducing processing time.
  • Cost Savings: Optimizes procurement processes to reduce overall costs, increasing profitability and improving financial performance.
  • Contract Management: Helps manage contracts with vendors, ensuring adherence to contractual obligations and preventing overpayments, saving costs and improving vendor relationships.
  • Mobile Access: Provides convenient access to procurement data from anywhere, anytime, enabling private equity professionals to monitor progress and approve purchases even while on the go, improving decision-making and speeding up the procurement cycle.
  • Reporting and Analytics: Provides advanced reporting and analytics capabilities, delivering deeper insights into procurement performance and enabling data-driven decision-making, improving efficiency and reducing costs.

Payments

  • Electronic Payment Processing: Accelerate your payment process and save money on printing and mailing checks. Reduce the possibility of errors and fraud with NextProcess’ electronic payment processing.
  • Customizable Check Appearance: Tailor your check printing to your brand standards with NextProcess’ highly configurable check printing software. Create professional-looking checks by customizing logos, fonts, and signatures.
  • ACH Services: Make quick and reliable disbursements to your vendors with NextProcess’ high-frequency ACH services. Receive granular reporting on payment turnaround to stay on top of your payment process.
  • Real-Time Payment Status: Stay up-to-date on the status of your payments with immediate, real-time updates. Keep your team and vendors notified of payment status and minimize the possibility of errors and miscommunications.
  • Segregation of Duties: Outsource your payment process to a trusted third-party provider and improve your internal controls. Keep your financial tasks separated and reduce the risk of payment fraud and other potential issues.
  • Secure Software and Facility: Safeguard your transactions with NextProcess’ secure software and facility. Ensure a controlled payment process and protect against unauthorized access.
  • Additional Payment Options: Improve vendor relations and increase the speed of capital flow with NextProcess’ two new payment options. Get cashback on payments made using a card and offer early payments for vendors who elect to receive payment before the client pays.

Capex

  • Total Spend Visibility: The software provides complete visibility of spend from a high-level overview to specific invoice details.
  • Subproject Creation: Subprojects can be created to manage large projects more efficiently.
  • Customizable Controls: Flexible controls allow for custom notifications, review routing, approval permissions, and other role-based functions.
  • Automated Data Entry: Instead of using spreadsheets, data entry is automated and managed in a centralized database, reducing formula and typing errors.
  • Centralized Database: The software centralizes all data, making it easy to access and manage.
  • Dashboards and Workbenches: Dashboards and workbenches provide enhanced visibility, saving time compared to using spreadsheets.
  • Spreadsheet Views: Spreadsheet views are available for users who prefer them.

Transform Your Private Equity Operations with NextProcess Software Suite

Streamline procurement, accounts payable, and disbursement processes, enhance visibility and control, integrate seamlessly with existing ERP systems, and safeguard sensitive financial data for improved efficiency and profitability. Discover how NextProcess can revolutionize your back office operations.

Contact Us

Features

  • Quick Launch

    Rapid implementation delivers accelerated results, enabling private equity professionals to make informed decisions sooner. Eliminates delays and improves efficiency across various stages of decision-making.

  • Modular Suite

    Comprehensive integration across all process stages, with expandable modules providing adaptability and scalability. Eliminates the need for multiple software solutions, streamlining operations for private equity professionals.

  • Customizable Dashboards

    User-friendly dashboards for rapid KPI analysis, allowing private equity professionals to make informed decisions and monitor progress with real-time data. Streamlines data presentation and improves decision-making efficiency.

  • Centralized Management and Reporting

    Consolidates management and reporting with seamless ERP integration, enabling private equity professionals to access and analyze data from all portfolio companies within a single system.

  • Efficient Automation

    Streamlines and expedites operations through automated processes for capital budgeting/capex management, procurement, accounts payable, and disbursement. Reduces processing delays, errors, and increases efficiency and accuracy for private equity professionals.

  • Real-Time Analytics

    Offers real-time tracking of invoices and payments, along with advanced analytics and reporting capabilities. Minimizes errors, enables timely payments, and empowers private equity professionals with deeper insights into financial performance for well-informed decision-making.

  • Integrated Portfolio Companies

    Seamlessly integrates with all portfolio companies' software, enhancing visibility into financial performance and centralizing management across all entities. Streamlines data access and analysis for private equity professionals.

  • Keep Your ERP

    Enables portfolio companies to continue using their existing software, saving time and resources by avoiding costly and time-consuming ERP transitions. Minimizes disruptions and maintains continuity of operations.

  • Mobile Access

    Provides convenient access from anywhere, anytime, enhancing productivity and efficiency for busy private equity professionals. Ensures timely approvals and decision-making, even while on the go.

  • Existing APIs

    Facilitates immediate usage of advanced features, saving time and providing real-time data and insights to private equity professionals. Enables efficient integration and eliminates delays.

  • Minimal In-House IT Demand

    Requires no additional support from IT teams, ensuring that the software runs smoothly and saves private equity professionals valuable time and resources.

  • Scalable Solutions

    Accommodates rapid growth without bottlenecks, maintaining high speed, accuracy, quality, and reliability. Ensures private equity professionals have the tools necessary to manage expanding operations effectively.

  • Enhanced Security Measures

    Safeguards sensitive financial data with robust security features, including multi-level user access, secure data storage, and encryption. Protects vital information from unauthorized access.

Contact Us

Schedule a demonstration to see how NextProcess can help

  • This field is for validation purposes and should be left unchanged.