It's interesting to consider just how much time it takes and how many resources can be involved, to simply pay vendors, pay employee expense reports, or even to receive and process a check payment against a customer billing. Many companies still engage in activities that result in sub-optimal working capital management and inefficient deployment of resources.
NetSuite's Electronic Bank Payments (EBP) SuiteApp enables companies to process bank payments for vendor bills, employee expense reports, commission payments, customer refunds, and ACH bank payments from customers for invoices by creating bank-compliant file exports ready to import into banking software or submit to your bank for processing. EBP supports batch processing, approval routing workflows, automated customer direct debits for invoice payments, Positive Pay, and International bank support. SaaS Consulting Group can help quickly setup and configure EBP for your company to enable you to get paid faster, and reduce cost and inefficiency in your disbursement cycle.
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