Nextway
- Company typePrivate
- Founded1986
- HeadquartersHerning, Denmark
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Nextway firmographics
Firmographics- Name
- Nextway
- Legal name
- Nextway Software A/S
- Website
- https://nextway.software
- Company type
- Private
- Founded year
- 1986
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Nextway industry classification
Industry- Product category
- Enterprise Document Management Software
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Contract Lifecycle Management (CLM) & Document Automation (BPAEAPAD)
- akta.pro secondary industry
- E-Signature & Digital Transaction Management (DTM) (HDAEAGAF)
Keywords
Where Nextway is headquartered
LocationHeadquarters
- HQ city
- Herning
- HQ country
- Denmark
- HQ region
- Europe
Offices11 records
Markets served
Nextway business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription (Nextway.cloud): Software-as-a-Service subscription model with 1, 12, or 36-month subscription plans. Revenue recognized over subscription term. Generates 71% ARR growth with transition from traditional licensing to SaaS model.
- On-Premise License and Support: Traditional on-premise deployment option where customers run Next® in their own infrastructure. Includes support plans, bug fixes, security updates, and optional customizations.
- Professional Services: Implementation consultancy, business process consulting, and training services delivered through certified partners and own offices throughout Europe.
- Extensions and Customizations: Optional customizations and Next® extensions beyond standard product capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Next® as a Service (Nextway.cloud) |
| Subscription | Multi-year contract | Next® On-Premise |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Nextway product offering
Product offeringCore offering
Nextway sells the Next® Digital Workplace, an enterprise document and content management system (eDMS/eCMS) that captures, stores, shares, and discards business documents. The platform is built around a BPMN 2.0 process engine and a proprietary Haystack-inspired storage engine, and is delivered as a SaaS subscription on Microsoft Azure (nextway.cloud) or as an on-premise installation, with modules for invoice processing, contract management, mailroom automation, email automation, and bank statement processing.
Product overview
Nextway offers Next® Digital Workplace, a unified enterprise content management system (eCMS) platform with ready-to-go modular products. The core platform provides document capture, storage, sharing, and disposal capabilities. Ready-to-go products include: Next® Enterprise Archive (document management), Next® Mailroom (inbound correspondence), Next® Invoices (invoice processing), Next® Contracts (contract lifecycle management with AI/automation), Next® Go (mobile access), Next® Emails (email automation), Next® Processes (BPMN workflow automation), and Next® Bank Transactions (bank statement processing). Products are available as cloud SaaS (Nextway.cloud on Azure) or on-premise deployments, with integrations to SAP, Salesforce, M3, ASPECT4, and other ERP/CRM systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Next® Digital Workplace Enterprise document and content management platform for mid-market and enterprise customers that unifies capture, storage, sharing, and compliant discarding of business documents with embedded BPMN 2.0 process automation.
- Next® Enterprise Archive Document archiving module that captures paper, Office documents, PDFs, emails, and business-system outputs with automatic organization, policy-based permissions, audit logging, and version control.
- Next® Mailroom Automates inbound handling of communication with customers, partners, and authorities, routing and processing correspondence without manual triage.
- Next® Invoices Streamlines invoice approval workflows and automates invoice processing to replace paper, PDF, and email-based routines for finance and AP teams.
- Next® Contracts Contract lifecycle management solution that uses automation and AI to shorten approval times, accelerate signing, and reliably meet contract deadlines.
- Next® Go Mobile companion product enabling users to submit expenses, approve invoices, and accept renegotiated contracts from mobile devices.
- Next® Emails Automates capture, classification, and archiving of business email correspondence within the Next® archive.
- Next® Processes BPMN 2.0 compliant process engine for modeling, automating, simulating, and documenting business processes across IT applications and manual routines.
- Next® Bank Transactions Automated bank statement processing solution that captures and reconciles bank transaction documents inside the Next® archive.
- Nextway.cloud Multi-tenant SaaS delivery of the Next® Digital Workplace on Microsoft Azure, offering subscription plans of 1, 12, or 36 months and a CAPEX-to-OPEX pricing model.
Quantifiable outcome
- 4,600,000 documents captured per hour on single server
- +8 more outcomes
Companies that use Nextway
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles4 records
Nextway technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability5 records
Feature6 records
Nextway partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and strategic.
- SapienscoreTechnology integration partnership for insurance software platform connectivity. Enables Next® Digital Workplace to integrate with Sapiens insurance solutions for seamless document handling within insurance business processes.
- SalesforcecoreCRM integration partnership allowing Next® to embed document access directly within Salesforce interface. Joint go-to-market for insurance, finance, and enterprise customers requiring integrated document management.
- Microsoft AzurecoreCloud infrastructure partnership powering nextway.cloud SaaS platform. Microsoft Azure provides worldwide availability, security, and compliance infrastructure for Next® Digital Workplace SaaS delivery.
- SAPcoreERP integration partnership with one-click access from SAP to Next® archive. Enables seamless document access and process automation for SAP-based enterprise customers.
- EG (EG A/S)strategicStrategic channel partnership with Danish software company EG A/S. EG distributes Next® solutions alongside their ASPECT4 ERP product, particularly in the Danish market with dedicated user group activities.
- jBPM (Red Hat/JBoss)coreBPMN 2.0 process engine technology partnership using jBPM as foundation for Next® Process Engine. Multi Support contributes bug fixes and new functionality to jBPM community.
Scale indicators9 records
Recent moves7 records
Nextway competitors and assessment
Company assessmentDirect peers
- DocuWare: German-based ECM and document management software vendor serving mid-market and enterprise customers across Europe and the US. Competes head-to-head with Nextway in DACH markets with similar cloud and on-premise deployment models and overlapping vertical targets.
- M-Files: Finnish-headquartered ECM and information management company with strong Northern European presence and metadata-driven document management. Direct comparable to Nextway in geography, customer profile, and mid-market ECM positioning.
- SER Group: German ECM/Doxis vendor with deep DACH roots and vertical focus on regulated industries. Competes with Nextway for insurance, financial services, and public sector ECM deals across Europe.
- Laserfiche: ECM and process automation vendor serving mid-market and enterprise customers with cloud and on-premise deployments. Closely comparable to Nextway in product scope (capture, workflow, BPM) and target verticals.
- Icertis: Enterprise contract lifecycle management (CLM) platform that overlaps directly with Nextway's Next Contracts product. Competes for enterprise CLM deals with AI-driven contract automation, primarily at larger enterprises than Nextway's typical customer profile.
Broad incumbents
- OpenText: Global enterprise information management leader with a comprehensive ECM, BPM, and content services portfolio. Overlaps with Nextway in document management and process automation but operates at much greater scale across all verticals and geographies.
- Hyland: Large ECM and content services provider (OnBase, Alfresco) with strong presence in regulated industries including insurance and financial services. Competes with Nextway for enterprise ECM deals but offers a much broader product portfolio.
Emerging players
- Camunda: BPMN-native process orchestration platform built originally on jBPM technology, directly competing with Nextway's BPMN 2.0 process engine. Comparable in process automation capability but focused on developer-led orchestration rather than document-centric workflows.
- Tungsten Automation (formerly Kofax): Intelligent document processing and capture automation vendor. Competes with Nextway in document capture, invoice processing, and process automation, particularly for high-volume enterprise workflows.
- ABBYY: Document AI, OCR, and process intelligence vendor with content capture and classification capabilities. Adjacent competitor to Nextway's invoice and document automation modules, often embedded via integration partnerships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Nextway social profiles
Digital presenceNextway compliance and trust
Trust signalCompliance1 record
Nextway financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nextway leadership team
Management profileNumber of profiles
Profiles9 records
Nextway funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nextway M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nextway
What does Nextway do?
Nextway sells the Next® Digital Workplace, an enterprise document and content management system (eDMS/eCMS) that captures, stores, shares, and discards business documents. The platform is built around a BPMN 2.0 process engine and a proprietary Haystack-inspired storage engine, and is delivered as a SaaS subscription on Microsoft Azure (nextway.cloud) or as an on-premise installation, with modules for invoice processing, contract management, mailroom automation, email automation, and bank statement processing.
Is Nextway a public or private company?
Nextway is a private company. It is classified as private equity controlled and is currently acquired.
When was Nextway founded?
Nextway was founded in 1986. It employs 101 to 250 people.
Where is Nextway based?
Nextway is headquartered in Herning, Denmark, in the Europe region.
How does Nextway make money?
Four revenue lines are on record. SaaS Subscription (Nextway.cloud) is the primary driver. The others are on-Premise License and Support, professional Services and extensions and Customizations.
Who are Nextway's main competitors?
Direct peers on record are DocuWare, M-Files, SER Group, Laserfiche and Icertis. Broad incumbents are OpenText and Hyland. Emerging players are Camunda, Tungsten Automation (formerly Kofax) and ABBYY.
Does Nextway have an API?
Yes. RESTful API enabling portal integration for document management operations including login, listing customer folders, searching for documents, and retrieving documents. Next is equipped with a full blown RESTful interface that allows external portals to access archive functionality.
What industry is Nextway in?
Nextway's product category is Enterprise Document Management Software. Its primary akta.pro industry code is BPAEAPAD, Contract Lifecycle Management (CLM) & Document Automation, with a secondary code of HDAEAGAF, E-Signature & Digital Transaction Management (DTM). Its NAICS code is 54151 and its SIC code is 7372.