Versapay for NetSuite SuitePayments

Fully Embedded Payment Workflows

Streamline your AR processes with our native NetSuite integration that keeps payments directly within your ERP.

• Native NetSuite Integration: Accept payments directly within NetSuite, keeping all processes native for maximum efficiency and ease of use.
• Seamless Channel Integration: Integrate effortlessly with SuiteCommerce, third-party shopping carts, and other sales channels—all without leaving NetSuite.
• Simplified Multi-Divisional Workflows: Process payments across customers or divisions in a single transaction, eliminating the need for complex configurations.
• Group Invoicing: Configure multiple individual invoices into a single “parent” invoice to simplify multi-divisional 

Automated Reconciliation for Accurate Financials

Save time and reduce errors with automated reconciliation tools that keep your financials accurate and up-to-date.

• Effortless Payment Reconciliation: Automatically reconcile payments from acceptance to settlement, ensuring accurate updates in your General Ledger.
• Bank Statement Alignment: Align settlement batches with NetSuite’s GL using automated bank statement reconciliation tools.
• AI-Powered Remittance Parsing: Leverage AI to parse remittance data for ACH, wire, and lockbox payments, eliminating manual errors and saving time (available with the Cash Application add-on). 

Enhanced Customer Payment Experience

Delight your customers with flexible, self-service tools that make paying you easy and hassle-free.

• Branded Customer Portal: Offer a ready-to-use portal where buyers can view invoices, make payments, and manage their accounts independently.
• Recurring Billing Support: Enable seamless recurring payments with shared wallet functionality that securely stores and tokenizes card data.
• Flexible Payment Options: Provide tailored payment options, including support for Virtual Credit Cards, enhancing buyer satisfaction and flexibility. 

ERP Payments Admin Portal

Streamline AR operations and enhance customer support with a powerful supplier-focused portal designed to extend your ERP’s capabilities.  

• Centralized AR Management: Manage payments, track invoice delivery, and configure email notifications for your buyers and internal teams—all in one hub.
• Customizable Email Templates: Brand all email communications with your logo and colors to maintain a professional, consistent experience.
• Flexible Payment Rules: Set rules and thresholds for credit card and ACH payments to align with your business needs.
• User Access Management: Grant and control access to the ERP Payments Admin Portal, ensuring permissions are tailored to your AR team.
• Customer Support Mode: Access your buyers’ portal view to better support inquiries, including visibility into invoices, orders, and payments (available with the Customer Portal add-on). 

Secure and Scalable for All Businesses

Protect your payment data with enterprise-grade security while scaling your operations to meet growing business needs.

• Enterprise-Grade Security: Ensure robust protection with tokenization, encryption, and PCI compliance, safeguarding transactions from fraud.
• Scalable Performance: Handle lightweight and heavyweight processing with SuiteQL-powered integration, enabling seamless scalability from $5M to $2B+ in transactions.
• Proven NetSuite Verification: Trust a solution backed by Built-for-NetSuite verification and SuiteCloud Partner of the Year recognition, meeting Oracle’s highest standards for performance and security.