Eliminate manual A/P file transfers between NetSuite and banks
Vendor Payment Manager makes Accounts Payable processes more efficient by automating FTP transfers of vendor payment files from NetSuite to banks, and corresponding acknowledgements and summary files from banks to NetSuite. By automating these types of file transfers, companies can reduce operating costs, strengthen vendor relationships, and improve compliance with internal controls. Companies can also easily scale without adding more staff as the number of payments or vendors grow. Since Vendor Payment Manager is an out-of-the-box application, companies gain fast time-to-value.
Payment File Transfers
Automatically transfer A/P files from NetSuite to one or more banks using host-to-host connections (FTP/SFTP)
Bank File Transfers
Automatically transfer acknowledgements or payment summary files from banks to NetSuite
Use NetSuite Saved Searches to create payment files that can be automatically sent to a bank’s FTP/SFTP server
Encrypt files using industry-standard PGP encryption (plain or signed) with support for Secure Channel File Transfer (SFTP)
Support widely-used file formats for ACH, wire transfer, and check payments
Define how files are handled in NetSuite and bank’s FTP server upon successful transfer (delete, archive, mark as “processed”)
Schedule when file transfers are run with the ability to transfer files on-demand
Quickly install and configure Vendor Payment Manager without additional development or IT resources
Management & Monitoring
Use intuitive dashboards to quickly and easily view file transfer statuses and to resolve errors as they occur
Prebuilt integrations that just work
In the modern enterprise, companies embrace a
best-of-breed app strategy.We call it the “100 Cloud-App Enterprise.” Some call it an integration nightmare.
Celigo Integration Apps are prebuilt integrations between popular cloud-based apps that are both highly configurable and customizable.
|Banks supported||1||Up to 3||>3|
|NetSuite to Bank File Transfer Flows||1||Up to 4||>4|
|Bank to NetSuite File Transfer Flows||None||Up to 4||>4|
|Saved Search as a source||1 flow||2 flows||>2 flows|
|Archival of Files (Not applicable to Saved Search)|
|PGP (Plain and Signature)||PGP (Plain and Signature)|