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Intelligent Payment Automation, powered by BILL (formerly Bill.com), lets you automate payments, manage vendor details, and bank account information within NetSuite.
The SuiteApp is available to organizations based in the U.S. with a valid U.S. address, or to global customers (except Canada, China, and Japan) with U.S. business subsidiaries. It only supports payments to vendors operating in the United States.
For more information, visit this thread.
Required Actions for New Payment Automation Features
This notice applies to customers who have the Payment Automation SuiteApp installed in your NetSuite Account.
What is Changing?
On August 22, 2023, the following new Payment Automation features will be available for NetSuite customers who have purchased the NetSuite AP Automation module:
- Payment Method Optimization Service
- Batch Approval Routing
- New Payment Statuses
Payment Method Optimization Service
The Payment Method Optimization Service is a free add-on service that identifies and continuously analyzes which of your vendors accept virtual cards as a form of payment. This feature will improve your existing NetSuite AP Automation solution, benefiting both you and your vendors. Our optimization team will collaborate with your vendors to confirm their payment preference.
Regards,
@Robert Nedelkow-Oracle | NetSuite Support Community Administrator
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