ReadSoft Online, the Cloud-based accounts payable software for business, is now fully integrated with NetSuite, the accounting/Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Professional Services Automation (PSA) and Ecommerce platform used by more than 16,000 companies.

ReadSoft Online’s integration with NetSuite significantly reduces the volume of manual intervention required in processing invoices and sending them for payment, enabling finance staff to complete more important and rewarding roles.

ReadSoft Online’s integration with NetSuite is so complete that it facilitates line by line itemisation of invoices.  Any issues and exceptions that are flagged on an invoice, either at document or line level, are reported for resolutions with an explanation of the specific issue.

Not only can NetSuite users process Accounts Payable data directly into ReadSoft Online from NetSuite, the level and depth of the integration between both products includes:

• Uploads of master data and master supplier list from NetSuite to ReadSoft Online
• Automatic coding of invoices
• Checking of invoices against purchase orders
• Automated tax coding

Simon Shorthose, Managing Director of ReadSoft UK, comments: “For the thousands of businesses that rely on NetSuite to deliver competitive business advantage, the deep integration of ReadSoft Online will enable a step change in how invoices and matched, approved and processed for payment, vastly reducing the need for manual intervention and saving time and money.”

ReadSoft Online for NetSuite will be available from March 2014.