The Electronic Invoicing SuiteApp Version 9.06.0 for NetSuite aims to enhance and automate the invoicing process, leading to greater efficiency and accuracy in financial operations. This post will highlight five key features of the SuiteApp that businesses should pay attention to.
Integration with Avalara
The key enhancement in this update is the seamless integration with Avalara for electronic invoicing. This feature automates tax calculations and ensures compliance with local tax regulations, thereby streamlining the invoicing process and reducing manual errors.
Email Personalization for Clients and Suppliers
NetSuite provides a high degree of customization for emails sent to customers and vendors through its electronic invoicing capabilities. This level of customization ensures that communications reflect your company’s branding, enhance clarity, and improve the overall experience for both customers and vendors.
Transforming Purchase Order E-document into Sales Order
The Electronic Invoicing SuiteApp now supports converting purchase orders into sales orders. You can create an inbound e-document for sales orders using manual entry, REST Web Services, or the Email Capture plug-in. It also enables the processing of PEPPOL purchase orders into NetSuite sales orders, with a provided sample sales order template and a custom data source plug-in to assist in the conversion.
Electronic Invoicing Assistance for Additional SuiteApps
NetSuite’s electronic invoicing features are specifically designed to work in harmony with various SuiteApps such as Avalara, Expensify, Celigo, and others. This integration enhances the capabilities of electronic invoicing beyond what is offered by the core NetSuite system. By facilitating this seamless connection, businesses can streamline their invoicing processes, maintain compliance with relevant regulations, and improve overall operational efficiency.
Transaction Response for Incoming E-Document Record
The Transaction Response for Inbound E-Document Record in NetSuite is a feature designed to handle responses to electronic documents, such as invoices and purchase orders that are received from external systems or partners. This functionality ensures that transactions are accurately recorded and managed within NetSuite, facilitating efficient processing and compliance with electronic invoicing standards.
Conclusion
Adopting electronic invoicing through this SuiteApp enhances operational efficiency, improves cash flow management by accelerating invoice processing, and supports environmental sustainability by reducing reliance on paper-based invoicing methods.