August 6, 2004 Hanover, NH USA – NextMark, Inc., a leading provider of mailing list commerce technology, today announced the release of version 5.1 of its software platform. Of the thirty-three new features introduced, the most significant were related to financial controls and reporting.
- Payment Status – List orders now display the status of receivables and payables as % received and % paid to enable better tracking of partial payments.
- Invoice Distribution – Invoices can now be emailed in batch enabling finance users to get invoices to clients more quickly and easily.
- Invoice Audit Trail – All access to invoices for changes, prints, or sends are automatically timestamped and logged in the invoice history. This provides a historical record of when invoices were provided to the client and who made changes to the invoice.
- Exchange Fee Arrangements – System now provides method to establish per thousand, flat, minimum, and maximum exchange fee structures for both brokerage and management clients. These exchange deals automatically flow to orders and invoices.
- List Usage Tracking – Data cards now display active recommendations and orders with a link to full usage detail. Usage can be “sliced and diced” using various controls on the usage report.
- Reporting – 70 new reports are now available in the system enabling user to better track orders, receivables, payables, sales activities, and much more.
Joseph Pych, President of NextMark, said, “Our customers were looking for better control and tracking of their orders and their finances. This new release provides a set of new tools that enable the users to get at and get out information more easily.”
NextMark provides free trials of its list research and order processing systems and offers a completely free list marketing system. For more information, visit NextMark’s website at nextmark.com.