DataSheet - eReceivables for NetSuite

DATASHEET -  iCloudAuthority’s eReceivables for NetSuite automates the process of auto-debiting your customer’s bank account for payment against AR invoices. It provides the ability to view all customer invoices in NetSuite, select the ones to be debited, and generate a customer debit file that automatically goes to your bank, along with ACH information for debiting. eReceivables for NetSuite is ideal for companies that want to reduce manual processes for better efficiency and improve receivables and cash flow management.

HOW DOES IT WORK?

Step 1 - Create or update the customer record in NetSuite, complete with your ACH information.

Step 2 - Access open status invoices viewable within the iCloudAuthority eReceivables module inside NetSuite.

Step 3 - Filter and select the invoices to be auto-debited from the customer’s account.

Step 4 - Click ‘Save’ to generate the debit file and automatically generate customer payments.

WHAT TO EXPECT?

• Streamlined Accounts Receivable: Simplify and automate payment file generation, optimizing your AR process.
• Boosted Efficiency: Eliminate manual tasks, save time, and enhance productivity.
• Minimized Errors: Reduce the likelihood of errors, ensuring greater accuracy through automated customer payment generation.
• Automated Customer Payments: Streamline the payment process with a comprehensive customer payment file and summary email.
• Optimized Cash Flow: Manage ACH payment files, improving cash flow by debiting customer accounts and crediting your own.
• Robust Security: Safeguard sensitive financial and banking information at the customer level.
• Customizable Solution: Tailor the module to fit your business’s unique requirements perfectly.