iCloudAuthority eExpenses for NetSuite

eExpense (Expense Payment Manager)

For Customers that are using or plan on using Wells Fargo as their Company Bank, iCloudAuthority has developed a solution to pay ALL your Employees within 30 seconds.

Deployed inside NetSuite, the eExpense module is quickly and easily configured to capture Employee information and pay All Expense Reports simultaneously. No more cutting checks or running to the bank to do wires or transfers. No more paying 3rd Party Online Payment Processors to remit money to Employees.

The eExpense Module can be combined with the ePayables Module to pay all Employee Expense Reports and Vendor Bills at the same time.

Key Benefits

iCloudAuthority’s eExpense module is designed to make your Expense Report Process more Streamlined while using NetSuite Native User interfaces. Save Money, Resources Costs and Time by simplifying the Payment Process. Key Benefits to using eExpense:

1. Pay Employees Using Check, Credit Card, Domestic and International ACH and Domestic and International Wires.
2. Submit one Payment Request to Wells Fargo for every Employee no matter what Payment Method or number of transactions.
3. Each Expense Report that is Paid, eExpense automatically creates a Payment Transaction in NetSuite and attaches to the Expense Report for Tracking.
4. All Configuration and Backup files are stored within NetSuite which makes eExpense true cloud application.
5. The eExpense Module can be combined with the ePayables Module to pay all Employee Expense Reports and Vendor Bills at the same time.

Companies that have deployed the above solution have experienced savings in:

1. Overall Transaction Costs; especially for Wires and ACH payments.
2. Time required to process transactions. Each time a Check, ACH, Wire or Credit Card payment is required, AP Staff need to gather the information, electronically log into another site or manually process at the bank.
3. Reduce Resources required to manage Vendors and Payments moving forward.

Customer Quote

“Even on the first check run, I remember being just floored: ‘Wow, we just sent out fifty, sixty checks and five wires at a click of a button.’ It’s effortless.”

– Matthew Neal | LYTX Accounting Manager

Implementation

We engage directly with Wells Fargo to implement the ePayables Solution. Our team works directly with you and Wells Fargo during the process of requirements gathering, validation and deployment. Once our Customers are live, we provide ongoing support for our applications and also for other NetSuite Consulting.