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Routable: Scalable AP Automation

Status: Unverified

Routable’s Accounts Payable Automation platform offers a robust solution to streamline the AP process for Mid-Market and Enterprise companies. Routable supports most payment speeds, plus both domestic and cross-border payments to over 220 countries, covering 36+currencies. Routable makes it easy for teams that run on NetSuite to manage their accounts payables through automation and easy controls. No matter your current AP process, scaling payouts has never been easier.

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Description

Routable AP Automation for NetSuite

Routable is purpose-built to work with Oracle NetSuite and extend its capabilities using an industry-leading two-way sync. Routable mirrors your NetSuite configurations and your data moves effortlessly between NetSuite and Routable in real time, meaning both systems are always up-to-date. From invoice capture (OCR) to customized approvals, to vendor management, Routable instantly syncs all bill, vendor, and transaction data–including custom fields– to streamline AP processes, reduce errors, and make reconciliation significantly less manual.

Key Benefits

  • Close faster: Spend 25% less time on reconciliation and reduce tedious AP tasks by 70%.
  • Start faster: Onboard in 1-3 weeks, not months. Routable conforms to your workflows so you don’t have to retrain your team to another provider’s rigid workflow.
  • Value-packed pricing: Save 30% on transactions compared to other solutions.
  • Complexity mastered: Multi-entity support, Custom Field and Custom Segment support and sync, to mirror your NetSuite configuration.
  • Multi-currency and base currency sync: Record payments in USD or in any of our 34+ supported currencies based on your NetSuite preferences.
  • Foreign Exchange Gain/Loss: Automatically update NetSuite with any FX gains or losses.

Customer Quote

“For financial operations, we leverage the power of NetSuite and Routable for AP Automation. I see Routable as a solution and a partner, allowing me to focus on business objectives and be less distracted by accounting systems.”

– Antonio Corona, Director of Finance @ Kasa

Committed to compliance

Routable ensures leading security through access controls, data encryption, key management, and regular application security testing.  Our independent audit firm  provides an unbiased view (in the form of the SOC 1 Type 2), highlighting data security and integrity across the Routable service and its NetSuite integration.

FEATURES

Field customization and data flow

Routable pulls in custom fields and segments from NetSuite and creates bills using your preferred bill form. Users don’t need to configure Routable’s settings in order to see updated fields–as they update NetSuite, so does Routable.

Invoice processing and automated capture

Eliminate manual data entry and reduce errors with OCR for invoice data capture. Invoices uploaded to the Routable Inbox are automatically pushed into NetSuite, including any PDF attachments.

International payments

Often 50% cheaper foreign exchange rates, send payments to your vendors and contractors across 220 countries and territories in 34+ currencies, synced perfectly to NetSuite.

Enterprise-ready approval workflows

Reduce processing time and ensure compliance with automated workflows that route invoices to the appropriate approvers based on a set of custom predefined rules: vendor, location, department, invoice amount, GL account, creator, and more.

Vendor onboarding and management

Your brand, Routable under the hood: Store all of your vendor information, including payment history, contact information, payment preferences, and tax forms (W9 and W8) in a single place. Your vendor information is automatically synced with NetSuite and your vendors don’t need to sign up with Routable to get paid.