ConnectoBank for NetSuite
Discover our reliable Bank Connectivity solution with Isabel and Ponto, allowing you to download bank statements directly into your NetSuite account and push payment files to your banks with a single click.
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Why Choose ConnectoBank?
Seamless integration with NetSuite
Open banking is now crucial in today’s business environment, enabling third-party developers to create applications and services around financial institutions. Banks are securely sharing their data in a standardized format, thanks to the Payment Services Directive (PSD2).
Reliable and secure banking API integration
Novutech’s ConnectoBank bundle leverages banking APIs to securely conduct transactions between banks and NetSuite customer accounts via the NetSuite platform.
Broad financial data coverage
We collaborate with top financial data-aggregation companies to provide extensive bank coverage through the Novutech ConnectoBank Bundle. Our partnerships with innovative companies ensure reliability and comprehensive bank coverage.
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Objectives of ConnectoBank
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Simplify Banking Format IssuesAre you tired of dealing with multiple format issues like MT940, CAMT.053, CODA, or SEPA? Our state-of-the-art integration resolves these formatting issues seamlessly. Save Time and Increase EfficiencyOn average, extracting bank statements and integrating them into your ERP takes about 150 hours per bank per year. With ConnectoBank, keep your banks and NetSuite updated in real-time, saving you valuable time. |
Key Features of ConnectoBank
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Automated bank statement importAutomatically import your latest bank statements overnight and easily balance your bank statements daily via AIS. Compatibility with NetSuite reconciliation toolsConnectoBank works with both Fast Four Bank Reconciliation and Standard NetSuite Reconcile Account Statements. Real-time account information accessView your account information and bank balances directly within your ERP system, enabling cash-flow reporting based on actual bank transactions. Direct payments from NetSuiteMake payments directly from NetSuite via PIS, streamlining your payment processes. |
Our others NovuPacks
Novutech has developed a bunch of accelerators that tackle most of the pain points our NetSuite customers experience.
ConnectoBank for NetSuite
Discover our reliable Bank Connectivity solution with Isabel and Ponto, allowing you to download bank statements directly into your NetSuite account and push payment files to your banks with a single click.
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Discover our SuiteSolution France Localization Pack that offers additional solutions to better meet legal and accounting compliance for French GAAP processes, in addition to what NetSuite offers in the standard functionalities and localization bundle.
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