NetSuite payment management provides flexible options for making and receiving payments — that saves time, reduces processing costs and improves cash flow. Companies can use an already-integrated SuitePayments solution to accept customer payments via credit card, direct debit or one of the many payment services supported. Outbound payment features include online bill pay, ACH payments, direct deposit and other electronic funds transfer (EFT) options. Because they’re electronic, credit card, debit and EFT payments are faster and more reliable than checks. There’s no paper to track, and funds are transferred quickly. Improve cash flow, reduce days sales outstanding and get paid faster by offering your customers the convenience of credit card and other non-check payment options. NetSuite provides support for online and offline payment methods, giving you greater flexibility while reducing processing costs. SuitePayments provides comprehensive support for credit cards and other non-check options through integration with payment gateways and an extensive network of partners. Ensure timely, accurate payments from vendors, employees and sales partners with electronic funds transfer (EFT) options like ACH payments and direct deposit. Automate customer refunds, charge reversals and partial credits and improve collections with support for direct debit. Steven Marks Monitor cash inflows and outflows in real time to make more informed cash management decisions. Improve communications and avoid distracting calls from suppliers by sending automatic alerts when invoices are paid. Eliminate duplicate data entry and minimise errors by managing payment processes within a single system. Take advantage of early-payment discount opportunities by reducing the amount of time required to process vendor invoices. Get paid faster and improve cash flow by giving customers a wide range of electronic payment options. Reduce the cost of processing vendor invoices by eliminating the need to print and mail paper checks. NetSuite is a registered PCI DSS-compliant service provider, which reduces the overhead associated with PCI compliance. Multicurrency, multilanguage and multiformat capabilities simplify management of local and international payments. What is NetSuite Payment Management?
Go Paperless
Accelerate Payments
NetSuite Payment Management Features
Payment Processing
Electronic Bank Payments
“NetSuite gives us the ability to integrate all our systems, throughout the world, to give us accurate and up-to-date financial numbers that I need to really make the right decisions for my business.”
Founder/CEO, Guzman y Gomez NetSuite Payment Management Benefits
Increased Cash Visibility
Better Supplier Relationships
Fewer Errors
Incremental Savings
Challenges NetSuite Payment Management Solves
Payment Delays
High Processing Costs
Data Security
Business Complexity
Resources
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