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NexTec Group Releases Royalty/Rebate Tracking Module for Sage MAS 500

NexTec Group Releases Royalty/Rebate Tracking Module for Sage MAS 500

NexTec Group announces the release of our new Royalty/Rebate Tracking Module for Sage MAS 500 ERP. NexTec Group is a Sage Software Business Partner and Developer specializing in delivering end-to-end business management solutions to small and mid-sized enterprises.

The Royalty/Rebate Tracking Module provides the ability to automate royalties, rebates, field development, slotting fees, customer refunds, or any other paid fee based on Sage MAS 500 orders. The end result is to create an automated payable transaction to the vendor. Sage MAS 500 customers can set up relationships between items, vendors, and customers from one maintenance screen. Royalty/Rebate Tracking Module eliminates the need for 'offline' spreadsheets to calculate what is owed to vendors and saves significant time at period end.

This new module allows Sage MAS 500 customers to track and pay royalties, rebates, slotting fees, and any other commissions that are tracked and paid over time. Of special interest to manufacturers is the fact that the module will also be bundled into Escape Velocity's O2 Process Manufacturing Suite for Sage MAS 500.

"NexTec Group is pleased to announce the launch of the Royalty/Rebate Tracking Module for Sage MAS 500," said Andy Nunez, general manager of NexTec Group. "This new module allows Sage MAS 500 customers to track and pay royalties, rebates, slotting fees, and any other commissions that are tracked and paid over time. Of special interest to manufacturers is the fact that the module will also be bundled into Escape Velocity's O2 Process Manufacturing Suite for Sage MAS 500."

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