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Trovata Financial Institution Plugin

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The Trovata Multibank Connector is a solution for fully automating the upload of your bank transactions data from your Trovata instance directly into NetSuite.

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Description

Trovata Multibank Connector

Trovata introduces a free solution for connecting banking transactions data from DDA corporate accounts directly into NetSuite for use in matching and reconciliation. This solution connects seamlessly with your existing Trovata instance and allows for unified multi-bank transaction data to flow automatically into accounts on-boarded into your NetSuite instance. Unlock total visibility into your banking transactions data for matching and reconciliation while also accelerating your business automation agenda through a fully scaled solution.

Key Benefits

The Trovata Multibank Connector is a solution for fully automating the upload of your bank transactions data from your Trovata instance directly into NetSuite. This reduces the amount of time that your team needs to spend collecting this data from bank portals and normalizing the data to be used in NetSuite. It also allows for a more automated process for leveraging the matching and reconciliation features within NetSuite by reducing the amount of time needed to prepare the data for use in the module.

Premium Corporate Bank Connectivity

Trovata integrates directly with corporate bank APIs allowing for the secure and real time transfer of banking transactions data. In addition Trovata supports the ingestion of enhanced data provided by corporate banking APIs allowing for rich data insights to be extracted to help automate the matching process.

FEATURES

Centralized Bank Transaction Data Aggregation

Trovata’s bank connectivity pipeline aggregates bank data from each bank leveraging corporate bank API connectivity for secure and rich data exchange. Data connectivity is fully managed by Trovata and leveraging the best connection solutions available for each bank reducing the manual burden of collecting this data.

Transaction Data Normalization

Trovata’s data normalization process collects all of the disparate data across different formats of bank transactions and unifies them into a single and cohesive data model that can be used by NetSuite. By normalizing data formats across API, BAI, CAMT, and others Trovata is able to reduce the amount of manual work that finance teams must do to prepare bank transactions data for use in NetSuite saving hours of effort per week

Native NetSuite Integration

Trovata integrates directly with NetSuite on an automated basis reducing the manual effort of uploading individual bank account transactions through NetSuite bank transactions file uploading. By automating the upload of bank transactions into NetSuite finance organizations can reduce the amount of time required to prepare and reconcile data within NetSuite, freeing up hours of productivity every week. This process is also reliable due to its direct integration with NetSuite without the need of a middleware automation platform. NetSuite will automatically pull data from your Trovata instance daily or on manual trigger by the user.

Zero IT Lift

Finance teams can automate business processes out of the box without waiting on expensive technical resources. By leveraging Trovata for connecting bank transactions data you will reduce the need for I.T. resources to zero. Trovata fully manages the bank connectivity process and allows for you to gain efficient time to value for automating your business processes.

Infinite Scale Built on Cloud

Trovata connectivity scales to all of your banks and can scale to all of your historical transactions providing infinite scalability for your business automation. By leveraging the advantages of cloud Trovata provides availability of all of your data across all of your banks regardless of the number. With support for millions of transactions, and global connectivity Trovata is able to scale with your business automation challenges.