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NETSUITE INTEGRATION

AP Automation for
NetSuite

 

Integrating systems delivers deep functionality and real efficiency gains in invoice processing and payment, providing management greater visibility and control across operations

Unlock true AP Automation with
RapidAP & NetSuite

Seamless integration with your system

 

RapidAP integrates quickly and smoothly with NetSuite to provide you complete, endtoend accounts payable automation to meet current and future business needs. 

An integrated solution

 

RapidAP captures and digitises data from invoices sent via email using world-leading Optical Character Recognition (OCR) technology. It then validates this data before passing it to NetSuite for straight-through processing, or to trigger NetSuite’s in-built invoice approval workflow.  

FAQs

What is NetSuite?

NetSuite is a leading cloud-based business management software suite, covering Finance, Operations, Customer Relations and more. NetSuite enables systems integration and provides real-time analytics for a complete view of the business from the supply chain through to sales and distribution. 

What can RapidAP offer NetSuite users?

RapidAP offers a modular end-to-end accounts payable solution. Users can select the functionality they require to meet their specific business requirements. This may include a combination of the following:

  • OCR for data capture

RapidAP’s uses world-leading, AI-enabled OCR technology to achieve a data extraction rate of over 90% from invoices received via email. It then performs compliance checks on this data to validate it before sending it to NetSuite for invoice processing and payment. This means accounts payable officers do not need to manually enter payables information into the finance system.

  • Ability to receive and process PEPPOL e-invoices

As a specialist accounts payable solution, RapidAP offers an integrated invoice receiver’s PEPPOL access point. As RapidAP connects seamlessly to NetSuite, this allows vendor e-invoices to be received by RapidAP and passed to NetSuite, with no manual intervention required by users.

  • Invoice processing workflows

RapidAP also offers a highly configurable business rules engine that can take care of invoice processing needs for both PEPPOL and traditional invoices. This may be important to you if you have complex business requirements that are not adequately met through a generic solution.

How does RapidAP work with NetSuite's invoice processing capabilities?

RapidAP has a flexible, modular structure. This means you can avoid any unnecessary duplication by selecting the functionality you require to fully automate accounts payable. For example, if you’re using NetSuite’s invoice processing workflows, you may want to add on an external OCR to extract and validate data from incoming PDF invoices (or other file types).

RapidAP’s sophisticated OCR enables you to fully automate the processing of invoices received by email as there is no need to manually run compliance checks on them or enter these payables into the finance system. RapidAP has an extraction success rate of over 90%, making the solution highly effective and efficient, while also delivering significant cost savings to your business versus time-consuming manual work.

As a specialist end-to-end accounts payable solution, RapidAP can receive and process PEPPOL e-invoices. It also offers its own in-built approval workflows for PEPPOL and traditional invoices, before integrating with NetSuite for invoice posting and payment.

How does RapidAP integrate with NetSuite?

RapidAP can integrate with NetSuite through REST web services or via middleware products, such as Dell Boomi. Through systems integration, you can leverage the capabilities of NetSuite, while gaining additional functionality from RapidAP to meet business needs. 

What does integration involve?

Integration involves establishing connections between software interfaces to allow them to share data. It’s also about ensuring the structure and data fields in both systems match, so data can flow across all inter-connected systems. Synchronisation between systems upholds data integrity, improves operational efficiency, and gives management a real-time view of the business.

How do you ensure succesful systems integration?

For each deployment, Efficiency Leaders writes a detailed Scope and Requirements document and an Integration Specification document. This enables both parties to agree on the solution design and the integration method, providing assurance and attributing accountability for deliverables.

Testing is an important part of the integration process. Efficiency Leaders uses actual supplier invoices to validate the RapidAP solution is effective, and that data is passed smoothly to NetSuite for the next stage in the accounts payable process.

RapidAP has integrated with almost all ERP systems – including NetSuite – many times over. As a result, integration is a straightforward process, which helps to deliver a return on investment as quickly as possible.

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