Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Currency Management Automation involves the complete automation of a company's foreign exchange (FX) processes. This comprehensive workflow initiates with the emergence of new currency exposure and continues through stages such as risk assessment, ongoing monitoring, trade execution, and subsequent performance evaluation. By utilizing advanced technology, businesses can effectively tackle intricate FX issues while striving for their objectives. Our platform simplifies the management of the entire foreign exchange procedure, encompassing everything from setting prices for your products to processing payments. You can effortlessly calculate prices in various currencies when offering products or services internationally. Additionally, our Dynamic Pricing feature ensures that your prices are adjusted in real-time according to fluctuations in the currency market, thereby enhancing your competitive edge and safeguarding your profit margins. Furthermore, you have the flexibility to tailor the management of different types of FX exposure to align with your organization’s unique characteristics and strategic goals. Ultimately, this automation not only streamlines operations but also empowers businesses to respond swiftly to changing market conditions.
Description
Nexto provides comprehensive cloud accounting and operational software tailored specifically for currency exchange businesses, including money changers and remittance offices. It efficiently tracks currency transactions, transfers, fees, and expenses, as well as cash flow and banking activities using double-entry bookkeeping, offering detailed balance sheets and transaction reports across various currencies. Employees can monitor exchange-rate trends and trading profitability, handle cash reconciliations, and oversee remittance obligations and scheduled payments. The system includes features such as role-based permissions, an audit trail for accountability, automated data backups, and regular reporting to enhance daily operational controls. Additionally, an integrated WhatsApp inbox utilizes artificial intelligence to interpret uploaded receipts and trade communications, generating draft vouchers for staff to review and approve. Accessible via a web browser, the platform can either be hosted online or installed on a client’s server, while also providing mobile capabilities through a downloadable web application. Furthermore, Nexto facilitates the transfer of existing data and generates reconciliation reports to streamline financial management for its users.
API Access
Has API
No
API Access
Has API
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
39 USDT/month
Basic is 39 USDT/month or 390 USDT/year and includes 2 users, up to 200 customers, and 1 connected WhatsApp line. Standard is 69 USDT/month or 690 USDT/year; Professional is 99 USDT/month or 990 USDT/year. Annual billing is discounted. The lifetime server-installation license is quote-priced. An optional Nexto Box costs 1,200 USDT one-time in addition to the license. Migration of previous-software records is included. A 7-day demo with sample data is available without a credit card.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
Yes
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Kantox
Founded
2011
Country
United Kingdom
Website
www.kantox.com/en/
Vendor Details
Company Name
Avesta Trading Teknoloji Dış Ticaret Ltd. Şti.
Country
Turkey
Website
nextofx.com/en
Product Features
Accounts Receivable
ACH Payment Processing
No
Billing & Invoicing
No
Check Processing
No
Collections Management
No
Online Payment Processing
No
Overpayment Processing
No
Partial Payments
No
Receivables Ledger
No
Recurring Billing
No
Currency Exchange
Analytical Reporting
No
Client Management
No
Custom Account Statements
No
Data Backup Scheduling
No
For Money Exchanges
No
Margin Management
No
Market Data Access
No
Position Management
No
Real Time Currency Quotes
No
Real Time Tracking
No
Transaction Management
No
Debt Collection
Agency Management
No
Auto Dialer
No
Automated Notices
No
Callback Scheduling
No
Client Management
No
Commission Management
No
Compliance Management
No
Contact Management
No
Credit Bureau Reporting
No
In-House Collections
No
Payment Plans
No
Transaction Management
No
Financial Risk Management
Compliance Management
No
Credit Risk Management
No
For Hedge Funds
No
Liquidity Analysis
No
Loan Portfolio Management
No
Market Risk Management
Yes
Operational Risk Management
No
Portfolio Management
No
Portfolio Modeling
No
Risk Analytics Benchmarks
No
Stress Tests
No
Value At Risk Calculation
No
Treasury
Cash Management
No
Debt Management
No
For Government
No
For Hedge Funds
No
Forecasting
No
Liquidity Management
No
Payment Management
No
Risk Management
No
Product Features
Currency Exchange
Analytical Reporting
No
Client Management
No
Custom Account Statements
No
Data Backup Scheduling
No
For Money Exchanges
No
Margin Management
No
Market Data Access
No
Position Management
No
Real Time Currency Quotes
No
Real Time Tracking
No
Transaction Management
No