From Hustle
to Harmony
Transforming Food Delivery Operations
Situation
One of the largest food delivery platforms in the United States, commanding a 67% market share, faced a significant challenge. Their vendor payments were complex, and their systems were disparate. To maintain their leadership, they turned to Suitefy for a seamless and secure financial operation.
Challenges
- The company grappled with issues such as:
- Multiple payment methods, mislaid vendor data, and vendor payments management across various third-party solutions.
- In-house check printing and lack of positive pay processes further complicated their financial operations.
- Additionally, they needed a streamlined, automated solution to handle these complexities efficiently.
Solution
- Suitefy came to the rescue by:
- Implementing NetSuite Advanced Electronic Bank Payments, creating custom payment templates tailored to the bank’s requirements.
- Suitefy built robust integrations for vendor bank data and validation reports, ensuring accuracy and security.
- Using MuleSoft, implemented PGP (Pretty Good Privacy) encryption and facilitated secure file uploads to the bank server.
- Moreover, developed positive pay files and integrated processes to update the actual bank payment statuses in NetSuite.
Results
Validated
Vendor Bank
Data.
Automated
Vendor Bill Payments for multiple payment methods across all entities.
Payments
Approvals.
Automated
Vendor Bank Payments
status in NetSuite.
Automated
Vendor Payments
Remittance Email Notifications.
Modules
Electronic Bank Payments
MuleSoft
We streamline your
NetSuite Implementation
from the start!
Get in touch with us for expert guidance.
Phone:
+1 (302) 351-4491
Email
sales@suitefy.com