Banking SuiteApps

Cash 360 Enhancements

Cash 360 SuiteApp version 1.3.4 includes the following enhancements:

• Cash Forecast table layout changes

  The Cash Forecast table, previously named as Forecast Details table, now appears in a full-page layout, improving readability and minimizing the need to scroll between forecast periods.

• Performance improvements

  • Cash Forecast table

    The Cash Forecast table now loads faster, even with large transaction volumes. Data queries for sales orders and purchase orders are enhanced to reduce wait times for forecast information.

  • Order Billing Lead Time script

    The map/reduce script used for calculating the order billing lead time is improved for faster calculation and processing.

For more information, see Cash 360.

Support for Future Dates for Intelligent Payment Automation

The Intelligent Payment Automation SuiteApp version 1.0.5 introduces the ability to submit future-date payments. In this version, you can select a future payment processing date when you create vendor payments. Payments are submitted to BILL in advance and will be processed automatically on the specified date. For more information, see the help topic Payments to Submit.

Intelligent Payment Automation SuiteApp Now Available

Intelligent Payment Automation version 1.0.3 is now available in the SuiteApp Marketplace. The SuiteApp lets you automate payments, manage vendor details, and bank account information within NetSuite.

Intelligent Payment Automation includes the following features:

• Self-service Onboarding – Get started quickly with only your administrator, no professional services required. Sign up for the Intelligent Payment Automation Service through DocuSign, and set up your account in three simple steps:

  • Create your BILL account.

  • Link and map your bank accounts to NetSuite GL accounts in BILL.

  • (Optional) Configure payment approval routings within NetSuite.

• Bank Account Management – Link and manage existing bank accounts directly within NetSuite, eliminating the need to switch between applications to add or update bank information.

• Enhanced Security and Fraud Prevention – Set up added security measures to prevent unauthorized payment.

• Integrated Payment Processing – Initiate single payments, process payment runs, approve payments, submit payments, and track status directly from NetSuite.

• Real-time Payment Activity Tracking – View and track updates to payments as they happen.

• Multiple Payment Options – Make vendor payments through checks and Automated Clearing Houses (ACH). For vendors connected to the BILL network, use additional options such as Virtual Cards (VCARD), wallet payments, or Mastercard Remote Payment and Presentment Service (RPPS).

To enable required features and set up Intelligent Payment Automation, see Setting Up Intelligent Payment Automation. For more information, see Intelligent Payment Automation.

Australia Bank Feeds Enhancements

The following are the enhancements to Australia Bank Feeds SuiteApp version 2.0.6:

• Changes to Import of Transactions

  Transactions are imported based on the ID number of the last imported transaction. For example, if your most recent import of transactions has the last ID number of 01002, only subsequent transactions starting at ID 01003 will be included in the next import. This prevents duplicate transactions from being imported.

  Transactions that have updates or changes, regardless of the ID number, are also imported.

• Email Notification for New and Terminated Connections

  An email notification is now sent for every new and terminated bank feeds connection.

For more information, see Australia Bank Feeds SuiteApp.

Format Profile Updates

The Bank Feeds SuiteApp version 25.2.0 includes the following enhancements:

• New U.S. and Canada Format Profile – The list of available format profiles now includes the U.S. and Canada Accounts (MX). This new format profile enables connections to a wider range of financial institutions in the U.S. and Canada. It uses the Account Information Service Provider (AISP), MX Technologies, Inc., which offers secure Open Authorization (OAuth) connections. OAuth provides a more stable connection and reduces the frequencce of re-authentication.

  Note:

  This new provider is an alternative way to connect to your bank. Use of this new format profile is optional.

  For more information, see Connecting a U.S. or Canada (MX) Financial Institution to NetSuite.

• Renamed Format Profile Labels – The following format profiles are renamed:

  Old Format Profile Name	New Format Profile Name
  U.S. and Canada Accounts	U.S. and Canada Accounts (Yodlee)
  Regulated Europe Accounts (Preferred)	Regulated Europe Accounts (Salt Edge)
  Nonregulated Europe Accounts	Nonregulated Europe Accounts (Salt Edge)
  Accounts in Other Countries	Accounts in Other Countries (Salt Edge)

Order Billing Lead Time and Improved Cash Forecasts with Sales and Purchase Orders in Cash 360

Cash 360 SuiteApp version 1.3.3 includes support for order billing lead times and improves cash forecasts with the inclusion of sales orders and purchase orders. This release enables automatic calculation and display of order billing lead times for sales orders and purchase orders, provides an option for manual entry, and allows you to include and analyze sales and purchase orders in your cash forecasts.

• The system automatically calculates the order billing lead time for fully billed and closed sales and purchase order records for the past 12 months, displaying the value in customer and vendor records, respectively.

• If there are no customers or vendors with closed sales or purchase orders for a subsidiary, you can manually enter the order billing lead times.

• Forecast dates for sales and purchase orders are calculated using the order billing lead time, transaction date, and payment terms.

• You can now include sales and purchase orders in cash forecasts, as shown in the Forecast Details table and the Cash 360 dashboard.

• You can also now drill down into detailed views of the sales and purchase order included in the cash forecast.

For more information, see Cash 360.

Support for CAMT.053 Version 8

With Bank Statement Parsers SuiteApp version 25.2.0, you can now work with CAMT.053.001.08 (version 8). This version is an ISO 20022 format for electronic bank payments and the latest standard for bank statement files.

This update enables you to:

• Import statements from institutions that already use CAMT.053 version 8 without additional setup.

• Stay compliant with the latest ISO 20022 standards.

• Avoid manual conversions and prevent import errors in NetSuite.

For more information, see the following help topics:

• Bank Statement Parsers SuiteApp

• Configuring CAMT.053 Parser