Cobase Bank Connector

Effortless Multi-Bank Connectivity for NetSuite

Cobase delivers fully managed bank connectivity for NetSuite users a safe, secure, and hassle-free way to connect with all your banks worldwide. We handle everything: setup, maintenance, and updates for bank connections, so no IT development is required. 

Supporting all major protocols - EBICS, SWIFT, Host-to-Host, and modern APIs - Cobase manages bank-specific formats and standards behind the scenes. The result: one reliable, standardized platform to every bank, letting finance teams work confidently in NetSuite without dealing with technical complexity.

Secure and Automated Payments

Cobase automates payment processing directly from NetSuite through a single, bank-independent connection. No more manual uploads or multiple portals, payments flow securely from NetSuite to your banks via Cobase. 

Using native payment templates for all payment types, Cobase automatically validates each transaction through built-in checks like format validation, Verification of Payee, sanction screening, and fraud detection. 

Approvals follow flexible, role-based workflows, while real-time dashboards in NetSuite show payment statuses across all banks and entities. With Cobase, you get one secure, end-to-end process to create, validate, approve, and monitor payments globally.

Automated Bank Statements and Reconciliation

Cobase automatically collects daily bank statements from all connected banks, converts them into a standardized format, and sends them directly to NetSuite. This unified process eliminates manual downloads and supports formats like CAMT.053, MT940, and BAI2, ensuring fast and accurate reconciliation through NetSuite’s Bank Reconciliation tool. 

Finance teams gain reliable daily data without managing multiple file types or bank portals.

Centralized Cash and Payment Management

Cobase consolidates all balances, transactions, and payments into one platform, giving real-time visibility across banks and entities. 

From automated payment runs in NetSuite to manual or intercompany payments in Cobase, everything is managed securely in one place, reducing dependency on individual bank systems.

Advanced Treasury Modules

As your needs grow, Cobase adds powerful treasury modules such as:

• Liquidity & Cash flow forecasting - Gain real-time insight into future cash positions across all banks, entities, and currencies. 
• FX & risk management - Centralize and automate FX trading and hedging activities. 
• Cash pooling - Optimize group liquidity with automated target balancing across all your accounts, banks, and currencies. 
• In-house banking - Simplify intercompany finance with a centralized solution for loan administration, internal payments, and invoice netting. 
• Debt management - Track and manage loans, facilities, maturities, and interest payments in one place. 

• Money market - Manage short-term liquidity positions by centralizing the execution, tracking, and forecasting of money market placements and borrowings. 

   

   

  Cobase provides a modular, future-ready platform for complete control over payments, liquidity, and treasury operations - all from one secure platform.