A visually accessible eCommerce website design concept - Global Banking & Finance Review
This image illustrates a user-friendly eCommerce website layout that prioritizes accessibility, showcasing features designed to improve usability for individuals with disabilities. It aligns with the article's focus on enhancing digital experiences for all customers.
Top Stories

READSOFT ONLINE INTEGRATES WITH NETSUITE FOR SIMPLIFIED BUSINESS

Published by Gbaf News

Posted on February 21, 2014

3 min read
Add as preferred source on Google

ReadSoft Online Integrates With NetSuite

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.

Reducing Manual Invoice Processing

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.

Invoice Itemisation and Exception Handling

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.

Key Features of the Integration

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

Executive Commentary on Integration

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.

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.

Key Takeaways

  • ReadSoft Online now fully integrates with NetSuite to streamline accounts payable workflows.
  • The integration enables line‑level invoice itemisation and flags document or line‑specific exceptions for resolution.
  • It synchronises master data from NetSuite, performs automatic coding, PO matching, and tax coding.
  • This reduces manual intervention, allowing finance staff to focus on higher‑value tasks.
  • ReadSoft Online for NetSuite became available in March 2014.

References

Frequently Asked Questions

What does the ReadSoft Online‑NetSuite integration offer?
It enables master‑data uploads from NetSuite, automatic invoice coding, purchase‑order matching, tax coding, line‑item itemisation, and exception handling at document or line‑level.
How does this integration benefit finance teams?
It reduces manual intervention in invoice processing, speeds up workflows, improves accuracy, and frees finance staff for more strategic work.
When did ReadSoft Online for NetSuite become available?
It became available in March 2014.
Who commented on the integration and what did they say?
Simon Shorthose, Managing Director of ReadSoft UK, said it enables a step‑change in how invoices are matched, approved and processed, vastly reducing manual intervention and saving time and money.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category