Bank Feed Latam

Automate and control your bank statement processing across LATAM — 100% native inside NetSuite.

Bank Feed LATAM by BairesAi transforms how NetSuite customer import, reconcile and control bank transactions across Latin America. Fully built under the Built For NetSuite standard, the solution automatically connects bank statement file to NetSuite, eliminating manual uploads, reducing reconciliation time, and providing real-time financial visibility. 

Key Benefits

• Eliminate manual bank file processing: Automatically import bank statements from multiple LATAM banks and formats directly into NetSuite securely and seamlessly.
• Accelerate bank reconciliation cycles: Reduce reconciliation time from days to minutes through automated transaction ingestion and structured processing.
• Automate customer payment application (Cash Application): Automatically match imported bank transactions against open customer invoices in NetSuite, reducing manual cash application effort and accelerating revenue recognition.
• Enable automatic sales receipt and payment posting: Create customer payments or deposits directly from imported bank movements, streamlining accounts receivable operations and minimizing posting delays.
• Strengthen financial control and auditability: Maintain full traceability inside NetSuite using native records, system logs, and standardized data structures.
• Reduce operational risk and errors: Avoid file corruption, manual uploads, formatting issues, and dependency on external connectors.
• Designed for LATAM complexity: Built to support regional banking formats and local operational realities across Latin America.
• No third party integrations required: 100 percent native SuiteApp with no external infrastructure, and no reconciliation gaps.

Turn Bank Data Into Real-Time Financial Control

In today’s volatile economic environment, cash visibility and financial accuracy are strategic advantages. Bank Feed LATAM enables finance teams to operate with real time insight, faster closing cycles, and reduced dependency on manual processes.

By eliminating manual bank uploads and disconnected systems, companies reduce operational costs, strengthen internal controls, and free finance teams to focus on analysis instead of data entry. The ROI is immediate: lower reconciliation effort, fewer posting errors, improved cash flow monitoring, and stronger compliance governance.

For CFOs and Controllers operating in Latin America, where banking structures and formats vary significantly by country, Bank Feed LATAM provides a scalable and standardized approach fully embedded in NetSuite, turning bank data into structured and reliable financial intelligence.