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Tech News: Oracle NetSuite announces new procurement solution

September 13, 2024
in Accounting
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Tech News: Oracle NetSuite announces new procurement solution
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Lease management, accounting and reporting platform  Visual Lease announced a strategic partnership with integrated reporting platform Workiva. The two companies will  join forces to streamline data management and maintain financial and sustainability reporting controls for real estate and equipment-related datasets. … Oracle NetSuite  announced a new integration with Salesforce: NetSuite Connector for Salesforce. The integration will automatically share data between NetSuite and Salesforce to reduce data silos, accelerate order-to-cash and revenue recognition processes, and expand business insights. Users can deliver real-time access to NetSuite financial data, such as invoices, payments, credit limits and due amounts, directly within Salesforce. The connector will automate updates between Salesforce and NetSuite customer records; sync inventory, non-inventory and service items, as well as item pricing, between NetSuite and Salesforce; as well as automatically sync sales orders in both NetSuite and Salesforce. NetSuite Connector for Salesforce is expected to be available in North America within the next 12 months. … B2B small business payments platform Melio announced an integration with the Amazon Business Reconciliation API to synchronize Amazon Business invoices in a single payment processing system. After synchronization, new and existing Melio users and those directed from the Amazon Business App Center will be able to automatically import invoices from Amazon Business into Melio. Customers will then be able to pay their invoices using their preferred payment method. … Financial automation solutions provider DocuPhase announced a preferred partnership with Center, a travel and expense management software company. For Center customers, this partnership will enable access to DocuPhase’s AP automation and payment solutions. The partnership enables DocuPhase to enhance its service offerings by incorporating Center’s expense management solution. …  Diligent, a governance, risk, and compliance SaaS company, announced that Diligent Boards for NetSuite has achieved “Built for NetSuite” status. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, integrates with the Diligent One Platform to help organizations showcase financial metrics and key insights across risk, compliance, audit and ESG to leadership and board directors and provides board education and best practice resources to elevate governance. … Financial planning solutions provider Asset-Map announced a strategic relationship with LPL Financial, an investment advisory firm and independent broker-dealer supporting financial advisors. Advisors affiliated with LPL Financial will now have discounted access to Asset-Map’s specialized planning tools, including, but not limited to, Asset-Map Reports, Stencils, Signals and Target-Maps. … Sales tax and compliance software provider Avalara, which is a member of Oracle PartnerNetwork, announced that two of its products are now embedded in Oracle Fusion Cloud Enterprise Resource Planning. Mutual customers can now access Oracle Avalara Global Indirect Tax Cloud Service and the Oracle Avalara North America Tax Returns Cloud Service in Oracle B2B to enable touchless tax processes in Oracle Cloud ERP. … Treasury management software provider GTreasury has acquired cash forecasting solution CashAnalytics. The acquisition brings advanced cash forecasting technology into the GTreasury ecosystem, enhancing its ability to provide specialized and modular tools for treasurers and CFOs. GTreasury invites people to join an introductory webinar, “Introducing CashAnalytics: The World’s Most Advanced Cash Forecasting Tool,” on Sept. 26 for more information.

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