Automated 3-Way Matching
Cross-verify vendor, line item, quantity, and price across the Purchase Order, GRN, and vendor bill to automatically lock mismatched invoices.
Zero Unmatched Payments
Manufacturing
Block Vendor Overcharges Before Payments Leave the Plant.
Track raw material purchases, monitor Bill-of-Materials (BOM) costs, and enforce automated 3-way matching across factory, warehouse, and Headquarter.
Eliminate Cost Leakages in Factory Procurement.
Gaps among Purchase Orders, delivery notes, and vendor bills lead to unchecked spending and distorted production margins.
Mismatched Vendor Bills
Supplier invoices frequently exceed initial PO rates or bill for unreceived quantities.
Delayed Cost Visibility
Fluctuations in raw material prices and BOM adjustments only surface during quarterly reviews.
Multi-Plant Compliance Overhead
Filing state-level GST and tracking inter-plant stock movements across multiple facilities creates reconciliation delays.
How NextBill Solves It
BOM & Raw Material Tracking
Tie raw material purchases directly to inventory valuation using FIFO and batch tracking so price variances update your gross margins in real time.
Live Production Costing
Unified Multi-State Governance
Centralise GSTIN filings, inter-branch stock reconciliations, and audit vaults across all factory units under one master dashboard.
Centralised Multi-GSTIN Hub
Built Specifically for Manufacturers.
Fraud Identification
Automated 3-way matching, duplicate bill detection, and vendor payment hold rules.
Explore moduleInventory Management
Multi-warehouse stock tracking, batch/serial/FIFO valuation, and low-stock reorder triggers.
Explore moduleAccounts Payable Automation
Multi-tiered approval hierarchies, automated payment scheduling, and vendor liability tracking.
Explore moduleBranch Accounting
Consolidated multi-plant P&L reporting, single-PAN billing, and custom role-based plant permissions.
Explore moduleCompliance & GST Engine
Real-time GSTR-2B matching, automated ITC protection, and audit-ready document archives.
Explore moduleData Analysis & Reports
Real-time cost variance reporting, plant-wise profitability, and automated balance sheets
Explore moduleCore Outcomes
Automated Fraud Defence
Lock payments automatically when billed quantities or prices exceed approved POs.
Accurate Profit Margins
Keep production cost calculations up-to-date with dynamic raw material price updates.
Consolidated Compliance
Streamline all state GST returns and plant-to-plant transfers through a single calendar.
Frequently Asked Questions
When a plant receives fewer goods than ordered, NextBill recalculates the payable invoice amount based strictly on the verified GRN quantity and holds the variance.
Keep exploring
Explore other industries
Take Control of Your Manufacturing Finances.
Stop procurement leakage, automate factory compliance, and gain complete visibility into production costs with NextBill.