What is NetSuite Intelligent Payment Automation?

NetSuite Intelligent Payment Automation provides a fast, efficient, and simple way to make vendor payments directly from NetSuite. Self-service onboarding and setup get you live quickly so you can accelerate accounts payable processes, increase efficiency, and help reduce risk. The result: tighter control of outgoing cash and scalable, end-to-end AP.

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Pay invoices directly from NetSuite

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Automate processes and gain greater control

Embedded payment automation lets you pay vendors directly within NetSuite using BILL. Approval routing, status tracking, and automated GL entries boost visibility and improve cash flow management.

NetSuite Intelligent Payment Automation benefits

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  • Centralize payment management. Pay bills and track payments using BILL without leaving NetSuite—no extra logins or manual keying.
  • Achieve instant time to value. Use self-service signup for quick activation and make your first payment in seconds.
  • Increase vendor satisfaction. Pay vendors on time, every time, to strengthen relationships.
  • Improve working capital management. Schedule and batch payments to optimize cash flow.
  • Accelerate digital payments. Remit easily and quickly with secure digital payments—no need to write checks or wrestle with slower options.

NetSuite Intelligent Payment Automation features

Paying bills manually is a time-consuming, labor-intensive, and error-prone process. NetSuite Intelligent Payment Automation powered by BILL provides a faster, easier, and more secure way to make payments directly from NetSuite.

Payment automation

Increase the accuracy and speed of payment processing with automated services powered by BILL. Pay vendors in a single workflow with secure digital payments from any US bank. Configure role-based approvals, schedule payments, and batch execution to optimize cash flow and reduce errors.

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Payment dashboard

Get full visibility into payment and account activity. Monitor payment runs and status, review cash positions, and manage new vendor enablement—all in NetSuite. Keep suppliers informed with clear updates.

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Approval routing

Reinforce internal controls with multilevel, role-based approval workflows. Route payment runs by amount thresholds and set policy-defined limits to reduce the risk of unauthorized transactions.

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Transaction matching

Automatically post payments to GL accounts. Leverage a simpler bank matching and reconciliation process that’s fully automated based on existing rules and one-to-one matches. Gain visibility with real-time payment status and monthly statement data inside NetSuite.

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Challenges NetSuite Intelligent Payment Automation solves

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  • Time-consuming, labor-intensive AP processes. Automating the entire AP process reduces costs and increases productivity, allowing AP staff to handle more invoices faster.
  • Payment delays. Automated payments and clear status updates keep vendors informed.
  • Tedious manual payment reconciliations. Improve the accuracy of accounting data by simplifying and automating traditionally error-prone transaction matching, enabling a faster financial close.
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How much does NetSuite Intelligent Payment Automation cost?

Companies of every size, from pre-revenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users – that’s the beauty of cloud software.

NetSuite Intelligent Payment Automation is a no charge add-on module.

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Resources

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Data sheets

Access specifications, features and benefits of NetSuite Intelligent Payment Automation.

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Essential learning

Discover best practices and learn more about accounting software from beginner to advanced levels.

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