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Beyond standard automation
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Remove paper and manual invoice keying, matching, and payment processing. NetSuite AP Automation provides a fast and secure way to process invoices and pay bills directly. There is no need to have multiple solutions open, everything is done through RIOO.
With NetSuite RIOO integration you will have real-time access to key accounts payable information including AP aging, check registers, invoices awaiting approval and payments in transit.
Accounting, sales, operations, purchasing, and other departments share information, seamlessly. There is no need for legacy information transfer, calls, or meetings. Manage the entire procure-to-pay process on a single platform. Monitor budgets to prevent overspending, and automate approval workflows and time payments.
Purchase Orders
Purchase requests can get lost, but not with RIOO. Easily create and track requests, automatically submit them for review, and convert them to purchase orders upon approval.
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Configure your own dashboard, KPIs, and alerts to keep your accounts payable process running smoothly. Track purchases, orders, and invoice-related data in real time.
Schedule payments via cash, check, credit card, or electronic transfer based on invoice due dates or apply custom rules to capture early-payment discounts. Enjoy automatic scheduling and easily track and apply vendor credits.
Standard AP reports, custom reporting segments, and saved searches allow detailed analysis by expense category, department location, and virtually any other relevant criteria .Track payments by date, status, and vendor.
Invoice Management
A fast and secure way to process invoices and make payments is the way to go! With NetSuite integration, you will be able to do exactly that. Invoices are scanned, and relevant details are converted into digital text.
Vendor Records
Maintaining detailed records of all suppliers, including contacts, e-mails, bank information, purchase orders, past payments, and credit memos is adamant. Luckily with RIOO, you can do it with ease.
Thoughts about RIOO
“Tracking all the expenses of maintenance was a whole department job. With these features, our finances went from a mountain of reports to a click of a button”
Molly Fulham
Financial Expert at Umbrella Properties
3,289 units managing with RIOO
“With RIOO, finally we have it all under one roof. It made our business so much easier, and if we ever get stuck, we know they are”
Ivana Ivkic, Agent
Financial Expert at Umbrella Properties
3,289 units managing with RIOO
Making every benefit count
Vendor invoices, approvals, payments and reconciliations are captured automatically.
Retrieve bills, item receipts and vendor contracts directly from NetSuite integration with RIOO.
Customizable roles and policies ensure the right fit for approval workflows.
Minimize the time and effort required to process bills by automating every aspect of the payment process.
Simplify and automate exception processing, gone are the days when invoices don’t match purchase orders or receipts.
Increase visibility throughout the entire accounts payable process and know the status of any bill anytime, anywhere, on any device.