nettTracker version 2 - progress and expected time lines

Exciting Updates Ahead for nettTracker: Version 2 Development Progress

The nettTracker team is pleased to share significant progress on the development of version 2, set to bring a host of powerful features and enhancements. Over the coming months, updates will be rolled out in three phases, introducing a redesigned user interface, improved functionality, and new capabilities to streamline fixed asset management and related processes.

Here’s what to expect from the upcoming phases:

Phase 1 (Release Expected Mid-Late December 2024)

The first phase will introduce a completely revamped user interface, offering a cleaner, more intuitive design. Updates will also include simplified settings, improved asset mappings, and minor adjustments to the asset register, making nettTracker even more user-friendly and efficient.

Phase 2 (Release Expected Late January 2025)

This phase marks the full migration to version 2, unlocking powerful new features:

• Depreciation Forecasting: Users will be able to calculate depreciation for the remaining useful life of assets and download forecasts for the next three years.

• Enhanced Year-End Process: Corrections can be easily made after closing the year-end, providing greater flexibility.

• Depreciation Adjustments: Adjustments can be made to assets at any time, adding more control to asset management workflows.

Phase 3 (Release Expected Late February/Early March 2025)

The final phase will expand nettTracker's capabilities:

• Prepayments Monitoring: Supplier bills posted to "Prepayments" can be tracked via transactions, and new prepayments can be created directly from the transactions area.

• Loans Feature: A new loans module will debut, initially supporting Hire Purchase loans, with additional loan types to follow.

Looking Ahead: Tutorials and Webinars

Once version 2 is fully released, users can look forward to comprehensive video tutorials and webinars to guide them through the new features and enhancements.

In the meantime, the team is actively seeking feedback on what users would like to see on the dashboard. With version 2 development in full swing, this is an ideal opportunity to share ideas and suggestions for improvements.

Commitment to Excellence

These updates reflect nettTracker’s commitment to creating a best-in-class solution for fixed asset management and month-end adjustments. The improvements aim to save time, simplify workflows, and empower users with better tools to manage their financial processes.

The nettTracker team thanks its users for their continued support and enthusiasm as they work diligently to deliver these exciting enhancements.