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features
design
support

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Write a Review

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 

Screenshots View All

Screenshots View All

Integrations

Atlar Yes 
EXADS Yes 
WhatsApp No 

Integrations

Atlar No 
EXADS No 
WhatsApp 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 

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