NetSuite Integration with Peakflo

Peakflo + NetSuite:

Pay & Get Paid Seamlessly

Invite any stakeholders from your company with our role-based access controls. Sync your charts of accounts, status of invoices, and customizations adapted to your company’s size and needs.

πŸ’ΈCut bill pay time by 50%
βŒ›Get paid 2x faster
πŸ“ Eliminate double entry
πŸ’³ Pay international or domestic vendors


Try Peakflo + NetSuite for free​


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NetSuite integration with Peakflo

Finance Operations Made Easy with Peakflo + NetSuite

Pay bills
Get paid
Pay bills

Get paid

Without Peakflo

ACCOUNTS PAYABLE

  • Manual reconciliation

AR manager has to reconcile each bank transaction with the account transaction, which can take up to a week or a full month.

  • Manual disbursement

Accountant has to make card or online banking payments outside of NetSuite. This can prolong payment and reimbursement time.

  • Manual data entry

Employees and the finance team enter purchase order, bill, and reimbursement details into NetSuite, which is time-consuming and often error-prone.

  • Manual PO to bill matching

Accountant manually matches POs to bills which leads to delayed and error-prone reports due to financial oversights.

  • Siloed vendor communications

The finance or procurement team
needs to collect personal information and payment preferences from vendors. Whenever there’s
a PO or payment status update, you’ll need
to reach out to them again,
complicating communications.​

  • Painful auditing

Auditors have a hard time tracking communications and actions associated with any POs, bills, or payments and need to scramble through documentations to compile audit files.

  • Complex approval

Accountant struggles to set up approval workflows due to the complex configurations. Managing approvals is a challenge due to fragmented communications.

ACCOUNTS RECEIVABLE

  • Follow up payments manually

AR manager goes through different messaging channels, tailors messages based on the customer categorization, and sends payment reminders to vendors

  • Manual tracking

AR manager, sales people, and finance officers track the status of payments in spreadsheets, causing siloed communications & delay

  • Complex payment and verification

Vendor makes payments through a back account
and AR manager has to check bank details and verify a stack of payment proofs, which is time-consuming and can lead to costly errors

  • Manual reconciliation

AR manager has to reconcile each payment one by one and handle disputes manually, which can impede productivity

  • Manual reports

Finance manager creates spreadsheets to track customers’ credit control limit and payment behavior and has no access to cash flow predictions

With Peakflo

ACCOUNTS PAYABLE

  • Automatic reconciliation

Automatically sync transactions into the general ledger and save up to 100 man-hours a month for a timely month-end or year-end closing.

  • Auto disbursement

Accountant can utilize a multi-currency wallet to pay vendors in bulk or schedule payments and reimbursements right on the due date.

  • Automated data entry

Peakflo scans POs, bills, and reimbursements using Optical Character Recognition (OCR) for automated data entry. Create rules to autofill certain fields for faster PO and bill processing.

  • Automated PO to bill matching

Accountant can automatically match POs with vendor bills and track open/closed purchase order balance for more accurate reporting.

  • Seamless vendor communications

Vendors with permissions can access the Peakflo dashboard to view and edit their personal information and check the status of their bill payments. The finance team can share PO and payment receipts via WhatsApp for Business to vendors.

  • Make auditing a breeze

Auditors can simply track action log reports and audit trails that capture a full timeline of communications, actions, and PO, bill, and payment history.

  • Simple approval

Accountant can set multi-level approval workflows and send multi-channel reminders so approvers can approve right from mobile! Mention any co-workers right away to solve issues quickly.

ACCOUNTS RECEIVABLE

  • Send automated payment reminders

Leverage a centralized workspace with multi-channel reminders based on an escalation matrix with promise-to-pay-tasks and actions for one-click follow-ups

  • Simplified tracking

Stay on top of deliverability on all bounced reminders and track last opened date

  • Get paid in your sleep

Customers make payments in Peakflo with the self-serve portal. Utilize a static virtual account, instantly receive bank payments, and easily record transactions outside Peakflo. Balance will auto-update and duplications will be flagged

  • Automatic reconciliation

Finance teams can save 100 man-hours by utilizing static and dynamic virtual accounts that help with instant reconciliation

  • AI-powered reports

Finance team can access detailed reports and predictive cashflow analytics, credit control reports, plus customers’ payment status and behavior for better strategic decision-making

Integrate NetSuite with Peakflo in 4 Steps

See how you can connect and sync your NetSuite ERP account with Peakflo in a minute.

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What Our Customers Say

“Peakflo seamlessly integrated into our existing NetSuite ERP and improved our finance team productivity significantly. We have sent over 100,000 workflow guided payments and now collect our accounts receivable 10-15 days (-20%) higher than average.”
Ritchie Wong, CFO of Ninja Van
Ritchie Wong
Group CFO, Ninja Van

100k workflow-guided reminders

workflow-guided reminders

12 days reduction in DSO

days reduction in DSO

100+ man-hours saved

man-hours saved each month

Read customer story

“Peakflo seamlessly integrated into our existing NetSuite ERP and improved our finance team productivity significantly. We have sent over 100,000 workflow guided payments and now collect our accounts receivable 10-15 days (-20%) higher than average.”
Ritchie Wong, CFO of Ninja Van
Ritchie Wong
Group CFO, Ninja Van

100k workflow-guided reminders

workflow-guided reminders

Read customer story

days reduction in DSO

man-hours saved each month

Achieve Peak Cash Flows with Peakflo

Ready to cut bill pay time by half & get paid 2x faster?

Let’s start now