NetSuite Order to Cash Automation | Clean Orders, No Rekeying
Order to cash automation for NetSuite can have a positive impact on cashflow. Errors, out-of-stock items, and slow cash flow can hurt revenue performance over time. Companies investing in a sales order management system for NetSuite want to improve their cashflow and reduce the reliance on manual and paper processes.
Order to cash processing automation provides key benefits:
- Improved customer service
- Reduce processing time and order cycle time
- Orders enter NetSuite complete, so invoicing can start sooner
- Fewer orders held up by data errors and corrections
- Overall – improved customer satisfaction!
Where EchoVera fits in order-to-cash
Order-to-cash runs from the moment a customer sends a purchase order to the moment their payment is applied to an invoice. EchoVera automates the two ends of that cycle for NetSuite.
Order capture and validation. EchoVera reads customer orders from email, PDF, fax and paper, validates the data, and delivers a complete sales order to NetSuite. Of 15,000+ orders processed, 3% need manual review. See: Sales Order Automation for NetSuite.
Payment matching. EchoVera reads the remittance advice customers send by email, PDF or spreadsheet and matches each payment to open invoices. See: Remittance Processing for NetSuite.
EchoVera is not a collections, dunning or credit-management platform, and it does not replace NetSuite’s invoicing. Those stay in NetSuite or a dedicated AR tool. If your delays start with orders being keyed in by hand, that is the problem we solve.
Sales Orders Arrive in Various Formats
Sales orders arrive by mail, fax and email. Sales orders are scanned and data fields mapped.
Extract Sales Order Data
Data is extracted from paper, scanned and emailed sales orders, then validated before it reaches NetSuite. 3% of orders need manual review.
Validate Sales Order Data
Data fields of the sales orders are identified and validated. The software intuitively picks up data from various sales order layouts.
Transform with Business Rules
Business rules and business process logic is applied based on each unique vendor.
Deliver to NetSuite
Structured sales order data is delivered into NetSuite. Seamless integration with the NetSuite ERP.
A Complete Sales Order Solution
Sales Order Automation for NetSuite eliminates manual processes and optimizes sales order intake and delivery to NetSuite.
Integration with NetSuite
It’s important that customers are not impacted by changes to the technology related to their purchase process, which is why this approach to sales automation works so well. Because EchoVera’s Order to Cash Automation is a cloud application, there’s no need for any application, infrastructure or process changes for the buyers who are sending in their orders.
EchoVera’s Order to Cash Automation integrates with NetSuite without connectors or traditional integration development.
Order to Cash Automation for NetSuite – Seamless Bi-Directional Integration with NetSuite
Outstanding Service & Support
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Contact Us: Phone: +1 416 968-2335 (Canada)
E-mail: sales@echovera.com
EchoVera Inc. provides Intelligent OCR, AP Automation, Sales Order Automation and Delivery Document OCR solutions to organizations looking to reduce costs and increase the efficiency of their financial operations. EchoVera brings over 30 years experience to clients worldwide.
Order to Cash Automation is a software solution that streamlines manual and time-consuming tasks in the sales process, such as data entry and administrative tasks. This allows sales teams to focus on adding value to the sales process, rather than spending time on tasks that require little or no expertise.
Order fulfillment automation refers to the use of technology to automate the tasks associated with order fulfillment, from confirming product availability to shipping products to customers. The goal of automating order processing is to reduce human error, increase efficiency, and free up employees to spend more time on more productive tasks.
Intelligent OCR and AI extracts the relevant data, validates the data, and sends in a structured format to NetSuite. You use an automated order processing system that leverages AI and RPA technology to handle most of the manual areas of order intake through a centralized, cloud-based platform.
Automating order processing can bring multiple benefits to an organization, including increased productivity, improved employee experience, enhanced customer-facing teams, elimination of tedious tasks, shorter order fulfillment times, cost savings, simplified IT environments, and improved visibility and control over orders.
Several order fulfillment tasks can be automated, such as extracting order data, validating order data, and submitting structured order data to NetSuite. Order to Cash Automation can also eliminate tedious tasks from order processing, allowing sales reps more time to focus on customer needs and enabling sales to better process incoming sales orders. In addition, sales automation software can extract data into a centralized system of records, ensuring consistency and accuracy of data across all departments.
See also https://echovera.ca/sales-order-automation-netsuite/