
Financial Management
Maximizes financial visibility and profitability for your company.
Make decisions to drive agility and growth using real-time financial reporting, embedded analytics, and AI-driven insights.
Financial Transactions
Register financial transactions is one easy to use interface.
Parent and Subsidiaries
Manage and control your costs by associating expenses and profitability with parent and subsidiary assets.
Internal Cost Accounting
Measure internal costs such as travel and expenses related to a project.
Control Expenditure
By having better visibility to expenditures and profitability by project, you’ll have more control.
Policies u0026 Workflows
Drive the enforcement of accounting policies, rules, and approval workflows.
Our solutions are built with the following modules for financial management.
Dive deeper into our financial management features by clicking the items below.
General Ledger
u003ch4u003eFinancial Management Capabilitiesu003c/h4u003ernu003culu003ern tu003cliu003eManage financial accounting recordsu003c/liu003ern tu003cliu003eConfigure multiple and recurring journalsu003c/liu003ern tu003cliu003eAllocate cost and incomeu003c/liu003ern tu003cliu003eSupport the creation of closing transactionsu003c/liu003ern tu003cliu003ePrepare pre-closing documents and closing booksu003c/liu003ern tu003cliu003eUtilize unlimited financial dimensionsu003c/liu003ern tu003cliu003eMonitor advanced account structures and rulesu003c/liu003ern tu003cliu003eFacilitate timeline completion of tasks and cooperation at month and year end with through Period Close Workspaceu003c/liu003ern tu003cliu003eTrack work in progress projects by visualizing the ledger balance, voucher transactions, and posted transactions (NAXT Power BI Report Package)u003c/liu003ernu003c/ulu003e
Bank Management
u003ch3u003eBank Management Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eMaintain the legal entity’s bank accounts and associate financial instrumentsu003c/liu003ern tu003cliu003eMonitor deposits, payments, drafts, and bank balances with support for electronic paymentsu003c/liu003ern tu003cliu003eManage letters of guarantee and checksu003c/liu003ern tu003cliu003eAutomate bank reconciliation with commonly used bai bank statement formatsu003c/liu003ern tu003cliu003eIntegrate electronic payment options with banks through custom COMAX integration frameworku003c/liu003ernu003c/ulu003e
Accounts Payable
u003ch3u003eAccounts Payable Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eRegister, match, and pay invoices with approval workflow support and easily document attachment handling functionalitiesu003c/liu003ern tu003cliu003eAllocate chargesu003c/liu003ern tu003cliu003ePay expenses, commissions, and salariesu003c/liu003ern tu003cliu003eTrack purchase order pre-paymentsu003c/liu003ern tu003cliu003eProvide vendor access to relevant information through the vendor portalu003c/liu003ernu003c/ulu003e
Accounts Receivable/Credit
u003ch3u003eAccounts Receivable Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eAssign multiple credit limits to customers by business areau003c/liu003ern tu003cliu003eTrack invoices, terms, and discountsu003c/liu003ern tu003cliu003eProcess customer pre-paymentsu003c/liu003ern tu003cliu003eReceive and enter customer paymentsu003c/liu003ern tu003cliu003eMonitor credit checks and manage collections via dashboardsu003c/liu003ern tu003cliu003eCentralize and monitor all activities by caseu003c/liu003ern tu003cliu003eFollow the goods delivered not invoiced and goods received not invoiced items (NAXT365 Power BI Report Package)u003c/liu003ern tu003cliu003eGet greater insight into outstandings by looking at overview charts and by customer level (NAXT365 Power BI Report Package)u003c/liu003ernu003c/ulu003e
Equipment Accounting
u003ch3u003eEquipment Accounting Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eMonitor equipment sub-ledger transaction registry for reconciliation and financial tracking of machine valueu003c/liu003ern tu003cliu003eEstimate post-sale credit and late charge booking for the accurate cost of sale recording at the time of machine saleu003c/liu003ernu003c/ulu003e
Fixed Assets
u003ch3u003eFixed Asset Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eManage the complete accounting lifecycle of asset; acquisition – depreciation – transfer/disposalu003c/liu003ern tu003cliu003eTransfer equipment from new to rental fleet easilyu003c/liu003ern tu003cliu003eSupports multiple asset book options for various purposes (e.g., book and tax accounting layers)u003c/liu003ernu003c/ulu003e
Cost Accounting
u003ch3u003eCost Accounting Capabilitiesu003c/h3u003ernu003culu003ern tu003cliu003eTrack, record, and analyze costs at product or activity level at normal absorption and standard costing methodsu003c/liu003ern tu003cliu003eSupports Power Systems accounting project – specifically milestone billing and revenue recognitionu003c/liu003ernu003c/ulu003e
With NAXT Solutions, it’s easy to see your return on investment.
Benchmark your departments
With a single system and unified processes, you can monitor and rank your branches, locations, or service shops, enabling you to control best practices and implement them everywhere. It also allows you to reward actual performance and maintain organizational agility.
Watch your profitability
NAXT collects all costs and revenue information on each piece of equipment, regardless if it is in the new, used, or rental fleet. Furthermore, service costs and revenue are tracked to the machine, so any equipment has a holistic financial view.
Retain your workforce
A valuable and intuitive system can add to a technician’s capabilities by reminding them with checklists, optimize operations through dynamic workspaces, and speed up onboarding. The system will not replace experience but will enable those with less experience to follow correct procedures based on specific circumstances.
Keep up with rental growth
To make equipment rental profitable, you must consider financing costs and depreciation, among other expenditures, and compare those to revenue. Based on this information, executives and rental managers can decide which type of equipment and service they should invest in when extending their rental portfolio.
What is NAXT?
NAXT is a leading solution for equipment dealers on Microsoft Dynamics 365.
Beyond offering a complete dealership management solution with all the capacity of an ERP and CRM, we provide over 700 predefined equipment dealership processes, delivering insightful business intelligence reports along with partner eco-system solutions made for this industry.
Solutions built for you and your team
For CEOs u0026 Owners
Ensure your equipment dealership’s future growth with NAXT.
For CFOs
Position your equipment dealership for growth by reducing costs, complexity and risks.
For CIOs
Get more from your infrastructure with a dynamic, full-stack, cloud-based ERP solution.
For Rental Managers
Increase utilization and manage your growing fleet in real time with NAXT.
For Service Managers
Transform your dealership from a box mover to a solution provider.