Payouts Enablement and Accounts Payable Automation from NetSuite
Oyster Accounts Payable for NetSuite allows your business to streamline and optimize your AP processes. With Oyster’s NetSuite integration for AP, your team will be able to process payouts and automate the accounting process involved with processing invoices resulting in significant reduction of manual operations and human error.
Key Benefits
- Reduce the costs of doing business by automating hours of manual operations of Accounts Payable
- Process Massive Payouts from your pending invoices in NetSuite within minutes
- Eliminate potential for manual errors when processing payouts
- Speed up your payouts and reconciliation process of AP
- Standardize complex payment processes and A/P operations
Features and Capabilities
- Batch Payment generation from your invoices in NetSuite
- Custom selection of invoices to be processed
- Validation of Payouts flow
- Funds Authorization Request flow.
- Automatic processing of payouts upon a single funds-in operation
- Automatic reversal of accounting tasks for unsuccessful transactions
- Dedicated Payouts accounts
Payouts Reports in real time.