ISO 27001 Certified

Procure-To-Pay Solutions

Integrated with Oracle NetSuite

Efficiency Leaders is at the forefront of accounts payable automation, providing comprehensive, integrated solutions that streamline procurement processes. Our RapidP2P suite works seamlessly with Oracle NetSuite, enhancing the management of financial and operational data for efficient, transparent, and compliant financial operations.

Key Benefits of the Integration

Automated Invoice Processing with RapidAP

RapidAP automates the capture, validation, and export of invoice data into NetSuite, reducing manual entry and ensuring high accuracy. Advanced Optical Character Recognition (OCR) technology extracts key data fields such as invoice number, vendor details, and amounts.

Seamless Data Transfer

The integration leverages NetSuite’s RESTful APIs to securely transfer invoice data, metadata, and document links from RapidAP to NetSuite, ensuring seamless updates and consistent financial records.

Real-Time Visibility and Compliance

With RapidP2P, organisations can monitor invoice status in real-time, ensure regulatory compliance, and track financial documents from receipt to payment.

Master Data Synchronisation

RapidP2P regularly updates vendor, account, and item master data from NetSuite to maintain alignment and support accurate invoice processing.

Enhanced Workflow Management

RapidP2P streamlines approval workflows by linking NetSuite’s robust approval structures with automated processing features in RapidAP.

Oracle NetSuite is a leading cloud ERP solution used globally by organisations to manage finance, operations, and complex workflows. By integrating RapidP2P with NetSuite, organisations can enhance their invoice processing lifecycle, automate data capture, and simplify the management of vendor bills and credit notes.

Oracle NetSuite is a cloud-based ERP platform that provides a suite of applications for finance, CRM, HR, and e-commerce. It offers real-time data visibility and scalability, enabling organisations to manage operations efficiently and support growth.

Efficiency Leaders’ comprehensive, configurable Procure-to-Pay (P2P) solution, RapidP2P, optimises procurement and financial operations, providing organisations worldwide with enhanced visibility, compliance, and speed. With its suite of solutions—RapidAP, RapidPO, RapidVO, and RapidVP, Efficiency Leaders is redefining how organisations manage their procurement cycles, delivering scalable efficiency gains and payment security.

How RapidP2P Works with Oracle NetSuite

Document Capture and Data Extraction

Invoices are ingested through RapidAP, where data is extracted using intelligent automation and verified against rules. This step minimises manual checks and speeds up processing.

Data Validation and Compliance Checks

RapidAP applies validation rules to verify data integrity, ensuring that all vendor and payment details meet compliance standards. Duplicates and errors are flagged for review.

Data Export and Integration

Processed invoices are exported to NetSuite as vendor bills or credits. Key fields such as invoice number, due date, vendor details, and tax codes are transmitted using structured JSON loads through REST API calls.

Continuous Synchronisation

The system maintains up-to-date master data by syncing with NetSuite, ensuring accurate processing and minimising data discrepancies

Document Capture and Data Extraction

Invoices are ingested through RapidAP, where data is extracted using intelligent automation and verified against rules. This step minimises manual checks and speeds up processing.

Data Validation and Compliance Checks

RapidAP applies validation rules to verify data integrity, ensuring that all vendor and payment details meet compliance standards. Duplicates and errors are flagged for review.

Data Export and Integration

Processed invoices are exported to NetSuite as vendor bills or credits. Key fields such as invoice number, due date, vendor details, and tax codes are transmitted using structured JSON loads through REST API calls.

Continuous Synchronisation

The system maintains up-to-date master data by syncing with NetSuite, ensuring accurate processing and minimising data discrepancies

Seamless integration with real results!

Why Choose RapidP2P for Oracle NetSuite?

1.

Proven Efficiency: The integration automates key accounts payable tasks, accelerating processing times and reducing human error.

2.

Customised Workflows: Organisations can tailor coding methods and workflows to match specific organisational needs, supporting expense and item-based allocations.

3.

Comprehensive Visibility: Users can track the entire lifecycle of invoices, from submission to export, ensuring transparency and accountability in financial operations.

Start Your Integration Journey

By choosing RapidP2P integrated with Oracle NetSuite, organisations gain an advanced, automated P2P solution that enhances financial management, compliance, and operational efficiency.

Contact Efficiency Leaders today to discover how our integrated solutions can streamline your financial workflows and strengthen your organisation’s procurement to pay processes.

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EXCLUSIVE WEBINAR | 5 DECEMBER 2024

Secure Efficiency: Automate Payables, Eliminate Fraud

Thursday 5 December
10.30am