All Your Purchases and Stocks, In One Smart Place
Automate your purchase orders, track inventory in real-time, and avoid stock-outs or overstock— Gracefully
Effortless Recording of Business Purchases
NextBill simplifies the way you manage and record your business purchases. With a user-friendly interface, you can quickly add all details using OCR and AI vendor details, item information, quantity, and rates—all in one place. This reduces manual work, minimizes errors, and helps you maintain accurate records. Whether it's a small expense or bulk stock entry, NextBill ensures everything is documented clearly for future tracking and reports.
Live Stock Visibility, Anytime, Anywhere
Whether you're at the office or on the go, NextBill keeps you in the loop with real-time updates on your inventory. Track stock levels, identify fast-moving items, and see what needs restocking—all with batch tracking. With NextBill, your inventory is always in sync and never out of sight, ensuring you're always prepared and proactive in managing your stock, no matter where you are.
Vendor History At Your Fingertips
Track every transaction with each supplier—past orders, pricing, and more—all in one place. NextBill simplifies vendor management, giving you a clear history of your interactions. This insight helps you negotiate better deals, reorder efficiently, and maintain strong supplier relationships. With NextBill, managing vendors becomes smarter, faster, and more strategic, saving you time and improving your business operations.
Seamless GSTR-2B Reconciliation with AI
NextBill makes GSTR-2B reconciliation simple and automated. It matches your purchase invoices with the data in your 2B report, instantly highlighting mismatches and duplicates. The system ensures every tax detail is accurately calculated, accurate input tax credit (ITC) claims, minimizes compliance risks, and saves time during GST filing—so you focus on running your business, not chasing paperwork.
Smarter Stock & Purchase Management — Everything on NextBill
Inventory That Thinks Ahead—So You Don’t Fall Stockout
Frequently asked questions
What is inventory management?
Inventory management is the process of ordering, storing, using, and tracking a company's stock, whether raw materials, components, or finished products.
Why is inventory management important?
It helps reduce costs, improves cash flow, prevents stockouts or overstocking, and ensures you always have the right products at the right time.
What is purchase management?
Purchase management refers to the process of acquiring goods and services for business operations, including vendor management, order processing, and cost control.
Can I generate purchase and inventory reports?
Yes, NextBill provides detailed reports on purchases, stock movement, purchase returns, and stock valuation.
Can I upload invoices with a scan to NextBill?
Yes, at NextBill, you can scan and upload your invoice with the help of OCR and automation.
Can I track batch numbers and expiry dates in inventory?
Yes, batch and expiry tracking is available for all items at NextBill. You can enable this while adding Items to your list and track it on your dashboard.
Can inventory be managed manually?
It can be, but it’s prone to errors. Using software streamlines the process, ensures accuracy, and saves time.
What is vendor management?
Vendor management is the process of selecting, monitoring, and maintaining good relationships with suppliers to ensure quality and timely delivery.
What is automated inventory management?
It refers to using software tools that automatically track, update, and manage inventory levels, reducing manual work and errors.
Does NextBill support purchase returns?
Absolutely. You can easily create a purchase return by selecting the relevant invoice and initiating a return entry.
