Everything you need to know about NetSuite Bank Feeds
Businesses are looking to take advantage of new technology and trends in order to optimize their financial close process. Automating the monthly close means that leaders can respond rapidly when changes happen, which is where NetSuite’s Bank Feeds SuiteApp comes into play; it automatically imports transactions from your bank accounts so you don’t have to worry about doing tasks manually anymore.
The Bank Feeds SuiteApp automatically updates your cash balance with every transaction to ensure that you know exactly how much money is in your account. With the click of a button, users can update their balances at any time without even having to log in to NetSuite. This product has made it easier and more convenient for people who need frequent access to their banking data while also ensuring accuracy when matching transactions from different sources.