NexTrade360 Releases 2015 Mid-Year Barter Software Update

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NexTrade360 has updated their barter software. An email was sent out with a list of major updates, security improvements, and additional information. We have not gotten an opportunity to test and review the software, but below is content from that email that was sent out by NexTrade360.

Hello, everyone! This release delivers two major new features along with a list of improvements and bug fixes.

First, what’s major:

  • Membership card management is now available for everybody. It completely automates membership card issuance and replacement. The system keeps track of which cards need to be printed and exports the data for card printing software.
  • Authorizations are now available via swipe technology, and we are providing a full range of services to launch your swipe program, including, card design, printing and delivery, card readers and software for PC, Apple and Android along with integration with some common counter-top credit card machines.

Security improvements:

  • Added an option to require manager’s level permissions for overriding transactions, please contact us to configure,
  • System permanently logs changes of account’s status and fee plans and makes this information available on the account’s note history and in the “Account Status Changes” report under Reports / Management,
  • The “No spending restrictions” flag now can only be changed by administrators,
  • SSN/EIN information is now automatically masked and only can be revealed to administrators.

Broker screens:

  • Authorized contacts on the account dashboard now shown with “relation” field information, simplifying brokering when multiple contacts are available and need to be differentiated,
  • Contacts can be marked to prefer to be contacted on the cell phone, and both “Dashboard” and “Related people” screens recognize that by putting the cell phone number on the top of contact’s phone list,
  • Pick lists now have an option to resend the email or start a new list by cloning an existing one,
  • “Directory Printout” now lists members in all additional categories, making it easier to use for members without access to internet,
  • Blocked related people are now shown in a separate “Inactive” list.

Online marketing:

  • All listings now show the naturally derived search keywords, and the “Keywords” field is renamed as “Extra Keywords”; it makes search’s logic more transparent and guides you extra keyword selection.

Sales tools:

  • New fee plan controls to postpone signup fee till a later date and not charge monthly fees till a later date allows you to sell promotions like “signup today and pay nothing till..”,
  • An option to bill membership (signup fee) on ongoing basis based on a percentage of sales made by the member until the fee is paid in full; it allows you to reduce initial barrier of entry for new businesses and increase your signup fee revenue in the long run.

Accounting improvements:

  • Multiple sales tax rates can now be used for inventory product sales, allowing full compliance with tiered state sales tax reporting requirements,
  • If you are using posting members signup fees in increments or manually, the system now shows the total-to-date of billed signup fees on the “Fees and Commissions” screen.

This email send out by NexTrade360 can also be viewed online HERE.

For additional information, NexTrade360 can reached at 888-267-5007.

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