Vendor Payment Manager
Streamline Accounts Payable by automating payment file transfers between NetSuite and banks
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
Saved Searches
Use NetSuite Saved Searches to create payment files that can be automatically sent to a bank’s FTP/SFTP server
Security
Encrypt files using industry-standard PGP encryption (plain or signed) with support for Secure Channel File Transfer (SFTP)
File Formats
Support widely-used file formats for ACH, wire transfer, and check payments
File Management
Define how files are handled in NetSuite and bank’s FTP server upon successful transfer (delete, archive, mark as “processed”)
Scheduling
Schedule when file transfers are run with the ability to transfer files on-demand
Out-of-the-Box
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.
Vendor Payment Manager
Integration App
| Endpoint Apps NetSuite and your bank |
?
a SaaS application that is being integrated
|
Included |
| Add on: Additional Banks |
+ $1,200 |
| Features: | |
| Automatically transfer accounts payable files from NetSuite to your bank via FTP/SFTP | |
| Use NetSuite Saved Searches to create .csv files that will transfer to your bank | |
| Supports PGP encryption and the signing of encrypted files | |
| Supports the option to decrypt incoming files from your bank’s FTP server to NetSuite |