DENVER, May 17, 2024
/PRNewswire/ -- Nextworld, an innovator in enterprise software
solutions, has unveiled 24.1, its first product release of this
year.
Highlights of the new release include a new set of native AI
capabilities and test automation. These latest developments
continue to bring cutting-edge innovations to Nextworld
customers.
- Native AI capabilities: The company launched a new
set of native AI tools as part of its Nextworld Intelligence
product line. These tools are designed to help customers creatively
address their current enterprise challenges and unlock new
perspectives that increase business opportunities. Nextworld's
artificial intelligence capabilities include:
- The machine learning toolkit, a no-code tool that empowers
developers to build machine learning models for uses such as
regression, classifications, or anomaly detection. The native ML
toolkit can be used by developers to predefine Large Language Model
(LLM) prompts and apply them to a given business process.
- An AI-driven chatbot that helps customers navigate
Nextworld, filter and audit data, and get product support.
Powered by advanced LLMs, "Ed" offers a seamless and familiar chat
experience for customers to get timely and accurate product
support. Users can ask Ed how to perform a specific function like
voiding a journal entry, creating a purchase order, or filtering
for unpaid invoices due in the next week.
- A range of new application use cases, some of which include:
- Intelligent receipts. Users can use AI to extract contents from
a remittance file, match them to a banking transaction, and create
an applied cash receipt.
- Payment anomalies. Using AI, Nextworld users can detect
anomalies in amounts, payment methods, and general payment
attributes.
- Directory integration. Nextworld's native AI tools can use the
name imported from a legacy system to determine if the record is a
person or an organization. Based on the result, it will then format
the name in the appropriate field in the directory.
- Test automation: Part of the Nextworld No-Code
Studio, test automation allows customers to create automated tests
of both their standard and customized business applications. Once
built, test scenarios can be manually executed for real-time
results or scheduled to run during off periods. Customers can then
view test run recordings to more quickly identify test success
paths or failure root causes.
These enhancements highlight Nextworld's forward-thinking and
unique approach to enterprise solutions.
Nextworld CEO Kylee McVaney
commented, "Our latest release represents a culmination of our
team's commitment to pushing boundaries in the enterprise software
market. We believe these new technologies will help our customers
continue to innovate and excel in their respective industries."
About Nextworld
The Nextworld Enterprise Applications Platform provides a
composable business architecture that adapts to how you do
business. Our packaged applications cover finance, order
management, procurement, inventory control, and manufacturing,
allowing data to flow seamlessly across applications, departments,
and existing systems. With a singular, secure, and customizable
platform delivered with a robust suite of business applications,
the Nextworld Enterprise Applications Platform lets you digitize
your most critical and unique business processes quickly,
efficiently, and 100% future-proofed.
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SOURCE Nextworld