MELBOURNE, Australia–(BUSINESS WIRE)–Constructing on its rising suite of accounting integrations, international fintech Airwallex pronounces a new bank feed integration with main accounting software program NetSuite, developed in partnership with Onlineone, a NetSuite Resolution Companion.
From right this moment, Airwallex’s prospects in Australia, Hong Kong, EMEA and the US will have the ability to robotically synchronise transactions of their NetSuite accounts for the newest view of their monetary place in a single platform. By eliminating the necessity for handbook knowledge entry, prospects can get pleasure from simpler, sooner and extra correct reconciliation of enterprise bills.
“We’re excited to increase our integration partnerships to incorporate NetSuite. By providing our prospects the added comfort of robotically synchronising their Airwallex transactions to NetSuite, they stand to learn from time financial savings and lowered dangers related to handbook errors, permitting companies to handle their funds extra effectively,” stated Gajia Parsons, VP, Head of Product Partnerships at Airwallex.
“Being prospects of Airwallex ourselves, and utilizing Airwallex’s APIs, we noticed the right alternative to construct progressive options on high of NetSuite,” stated Craig Traub, Chief Working Officer at Onlineone.
Earlier this 12 months, Airwallex efficiently trialled the combination with a gaggle of companies earlier than right this moment’s launch. Matthew Jie, a monetary controller at Devcos Worldwide, an Australian model improvement agency and one of many companies that took half within the trial, stated that the combination has helped them overcome challenges with handbook cost reconciliation.
“Now we have been utilizing the Airwallex financial institution feed in our NetSuite account for the previous few months. It has saved us a big period of time on the every day handbook uploads, and permits the group to carry out financial institution reconciliation at any time in NetSuite with out the concern of whether or not the transactions match up with our financial institution statements. That is completely an ideal characteristic for bettering effectivity,” stated Matthew.
This newest integration follows a string of different main partnerships that Airwallex has inked with a few of the greatest manufacturers on the planet. Earlier this 12 months, the corporate introduced that it has been selected by Qantas Loyalty to energy its new and upcoming monetary providers providing, Qantas Enterprise Cash. Extra not too long ago, Airwallex partnered with UK-based investment app Plum to help the launch of its new US investing product.
Airwallex is a worldwide funds platform with a mission to empower companies of all sizes to develop with out borders, and by doing so, contribute to the worldwide economic system. With know-how at its core, Airwallex has constructed a monetary infrastructure and platform to assist companies handle on-line funds, treasury and payout globally, with out the constraints of the standard monetary system. Airwallex has raised over US$800 million because it was established in 2015, and is backed by world-leading buyers. Immediately, the enterprise operates with a group of over 1,000 staff throughout 19 places globally.
For extra info www.airwallex.com.
Onlineone is an Oracle NetSuite Resolution Companion of some twenty years’ expertise with a purpose of utilizing NetSuite to assist our prospects’ enterprise flourish. We offer options for medium sized companies that deal with the accounting and ERP wants by way of NetSuite all through the entire shopping for journey resulting in a profitable undertaking end result. We’re primarily based in Melbourne, Australia with a presence all through Australia & Asia Pacific.
For extra info www.onlineone.com.au/airwallex