Electronic Bank Payments Enhancements in NetSuite 2023.2
Electronic Bank Payments enhancements in NetSuite 2023.2 improve processing and record management.
Starting in NetSuite 2023.2, several enhancements have been made to the Electronic Bank Payments SuiteApp, aimed at streamlining workflows and improving the overall functionality of payment processing. These updates are significant for users involved in order management and financial operations, providing more efficient tools for handling bank payments.
Enhancements Overview
Auto Process Queued PFA Script Support
One of the key updates in this release is the extension of the Auto Process Queued PFA (Payment File Automation) Script. It now includes support for post-PFA processing, which allows businesses to automate steps following payment file generation. This enhancement helps reduce manual intervention, ensuring faster and more reliable transaction handling.
Custom Plug-in for Invoice Payment Processing
The introduction of a custom plug-in implementation enables more tailored invoice payment processing options. With this feature, companies can develop bespoke solutions that meet unique business requirements, facilitating integration with various payment methods and ensuring compliance with specific financial policies.
Improved Entity Bank Records Display
In addition, there has been a notable enhancement in how entity bank records are displayed in both edit and view modes. This improvement ensures that users can easily access and manage bank details without navigating through complex layouts, ultimately supporting better data management and visibility during the payment process.
Who This Affects
These enhancements will impact the following roles and modules within NetSuite:
- Administrators: Benefit from improved configuration options and automation processes.
- Developers: Gain new capabilities for customization and integration through the enhanced plug-in structures.
- Accountants: Experience more efficient invoice reconciliations and access to detailed bank records, streamlining their workflows.
- Order Management Teams: Enjoy faster processing times for payments, directly impacting customer satisfaction and operational efficiency.
Key Takeaways
- New automation capabilities for Post PFA processes reduce manual work.
- Custom plug-ins support tailored payment processing solutions.
- Improved visibility in entity bank records enhances data management.
- Enhancements are designed to benefit financial operations and order management efficiency.