Procure to Pay

NexTrade – Procure to Pay is a Blockchain based solution designed and developed by Avanza to cater generational issues of transparency, trust, and efficiency in the value-chain of procurement. Our P2P technology is a one-stop solution to the needs of procurement lifecycle – be it procure to pay components or order to cash stage.

The power of Blockchain produces an efficient sourcing mechanism, utilizing transparent supplier selection process, end to end handling of contracts using smart contract features, purchase requisition to orders done automatically without any manual dependency or interference, and seamless invoice to payment processing.

The data stays highly secure and optimally managed with functionalities of off-chain and on-chain components of Blockchain. With legacy system agnostic adaptors and a plethora of readymade REST API interfaces, participants can on-board quickly and easily to the procurement network with no hassle of integrations and huge infrastructure investments.

Explore It

What's Inside NexTrade

Ready-made Products

Through our years of innovations across multiple industries, we have developed ready-made products that can help organizations evolve and move towards Blockchain based ecosystems

Demystifying The Future

Explore Other Blockchain Products

ASSURE

BANK TRUST NETWORK

Bank Trust Network solution, based on the Blockchain technology, is a next-gen solution to an age old problem of document exchange, verification and compliance within banks, its customers and beneficiaries.

INSTACHAIN

RECONCILIATION AND SETTLEMENT 

Avanza’s Blockchain based Reconciliation & Settlement Platform is an inter-organization solution that helps organizations reconcile financial and non-financial transactions and records in real time through a trust based network.

FIDELITY

TOKENIZATION OF LOYALTY POINTS

Blockchain marketplace based on tokenization of loyalty points is the future of customer retention. Desire of a customer to earn and redeem is well addressed in our Blockchain marketplace solution.

Subscribe to our mailing list