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Home NetSuite Apps Suiteapp Integrated Nuvo Trade Credit for NetSuite
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BarTender Cloud for NetSuite

Nuvo Trade Credit for NetSuite

Status: Unverified

Make trade credit your competitive advantage with Nuvo. Collect verified information with your online credit app, and create records in NetSuite with a click. Control customer risk with insights from bank and trade references, bureaus and your receivables from NetSuite.

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Categories: Integrated, NetSuite Apps, Suiteapp
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  • Description
  • FEATURES
Description

Digitize credit onboarding and automatically verify submissions.

Nuvo verifies company profiles with tax and licensing authorities so you can update NetSuite with reliable customer records.

  • Get complete, validated submissions and reduce back and forth with applicants.
  • Protect against fraud with instant verification through the IRS and business licensing authorities.
  • Automate data collection from banks, trade references and credit bureaus in a dashboard.
  • Update customers and sales reps automatically when decisions are made.

Key Benefits

Discover revenue opportunities in your customer base by proactively monitoring their credit health across multiple data sources including accounts receivable from NetSuite.

  • Monitor customer credit utilization and invoice payments history via Nuvo’s NetSuite integration and analytics dashboard.
  • Identify customers with growing cashflows & bank deposits using Nuvo’s instant bank verification & financial health monitoring.
  • Track improvements in credit bureau scores & credit recommendations through direct integrations with CreditSafe & Equifax.
  • Discover changes in customer payment behavior with other suppliers with automated updates to trade references.

Take control of your credit risk.

Accurately evaluate customer creditworthiness in-house instead of relying on insurers and card processors.

Convert more customers to trade credit accounts with Nuvo’s digital credit application.

Get risk alerts on customers with declining bank balances, credit scores, and more.

Tighten credit terms for risky customers in a click, and update limits in NetSuite.

FEATURES

Branded & Configurable Credit Application

Nuvo’s credit app is collaborative, customizable, and so flexible you can onboard both cash and credit customers.

Nuvo verifies each customer’s identity and populates your NetSuite with clean data you can trust.

Customized to your requirements Credit app branding with your logo and colors Unlimited custom questions Secure embedded file uploads Verified information capture Built-in fraud prevention with instant EIN verification Trade reference automation Instantly verified bank references refreshed every month SSN-verified personal guaranties Application sharing & collaboration for your buyers NetSuite customer creation with verified data

Collaborative Approval Workflows

Nuvo’s credit management dashboard supports seamless workflows for the finance team, and transparency across the company. Credit decisions made in Nuvo are synced directly to NetSuite.

Cross-functional workflows

  • Unlimited user seats
  • Automatic sales rep assignment to credit apps
  • Unique links for each customer record for easy sharing
  • Application status notifications for assigned sales reps and key decision makers

Tracked changes for every customer

  • Intuitive customer organization by account status
  • Detailed user activity log for every customer record
  • Flags to target customers for review
  • Custom notes with attachments

Insightful Risk Monitoring Dashboard

Stay on top of your customers’ changing risk without getting deep into the paperwork of a traditional credit review. Respond to trends in your own receivables and a portfolio of additional risk sources.

Insights at a glance

  • Credit utilization, invoice aging, spend per month, and days sales outstanding, calculated directly from your NetSuite account
  • Single view of risk changes across multiple data sources
  • Weekly risk digest, direct to your inbox
  • Color-coded badging to identify risk changes

Integrated Data Sources

  • Accounts receivable insights from NetSuite
  • High-priority alerts for liens and bankruptcy filings
  • Refreshed trade references with changes to credit terms open balances, and past due balances
  • Cash and credit balance updates, direct from banks
  • Changes in CreditSafe scores and recommended limits

Streamlined Customer Profile Management

Nuvo’s Customer Portal enables your customers to manage their credit profiles, request credit limit increases, and instantly sync all their updates with your Nuvo account.

Easy record management

  • 2-way sync of customer profiles to NetSuite
  • Self-serve profile control for customers
  • Customer accounts organized by credit status
  • Store and track tax-exempt certificates, W-9s, and licenses

Simplified communications

  • Shared view of credit limit and terms
  • On-platform credit review requests from customers
  • Templated emails from your integrated mailbox for convenience and deliverability
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