Cash Application for NetSuite, Straight from the Remittance Advice

Yes. RemitClear works with NetSuite, including NetSuite OneWorld. It reads the remittance advices your customers send with their ACH payments, wires and checks, matches every invoice number and amount to your open invoices and credit memos, and records a customer payment in NetSuite that applies them. Your NetSuite administrator connects it on a short setup call by giving RemitClear token-based access through a dedicated role and an access token, and it's live in days.

RemitClear records a customer payment for each payment on the remittance advice, against the customer whose invoices it pays. Each invoice is applied for the amount actually paid, any credit memo the customer netted off is applied on the same payment, and the payment goes to Undeposited Funds, ready to group on the Make Deposits page, or straight to a bank account, whichever your team uses. In NetSuite OneWorld it's recorded in the subsidiary that holds the invoices. Nothing is recorded until someone approves the match, unless you've switched auto-post on, and auto-post only records matches RemitClear is confident in.

When a customer nets a credit memo off against the invoices they're paying, their remittance advice lists it alongside those invoices, often as a negative line. RemitClear reads that line, matches it to the open credit memo in NetSuite and applies it on the same customer payment as the invoices, so the payment agrees with the cash that arrived. A credit that RemitClear can't match to an open credit memo is flagged for review, with the original advice beside it.

Yes. RemitClear handles multi-company groups. In NetSuite OneWorld every customer payment belongs to one subsidiary, so RemitClear records each payment in the subsidiary that holds the invoices it pays. The subsidiaries RemitClear works in are agreed with your NetSuite administrator on the setup call, and a remittance line that doesn't match an open invoice waits for review rather than being recorded against the wrong one.

It's live in days, and most of the setup happens on one short call. On that call your NetSuite administrator creates a dedicated role for RemitClear and an access token for it, which gives RemitClear token-based access to read your open invoices and credit memos and record customer payments that apply them. Your team then forwards remittance emails to your own RemitClear email address, or uploads files, and RemitClear starts matching. There's no setup fee. How pricing works.

RemitClear reads remittance advices as PDFs, including scanned check stubs and paper remittances, as Word, Excel, CSV, TXT and HTML files, and as details typed into the body of an email. Files can be uploaded, or remittance emails forwarded to your own RemitClear email address. From each one RemitClear extracts the payer, payment date, amount, reference and every invoice number, ready to match against NetSuite.

It waits for a person. RemitClear shows every match with a confidence score beside the original remittance advice, and flags part payments, short payments, already-paid invoices, lines it couldn't match and possible duplicates for review. Someone on your team checks the flagged lines, adjusts the allocation if it needs it and approves it, and only then is the customer payment recorded in NetSuite. Auto-post, once you switch it on, only records payments RemitClear is confident in, so anything flagged still waits for review.