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KOFAX READSOFT ONLINE FOR ORACLE NETSUITE

Oracle NetSuite

Oracle NetSuite™ is a complete, scalable cloud ERP solution targeted at high-growing, mid-sized businesses and large enterprises. It automates front- and back-office processes including financial management, revenue management, fixed assets, order management, billing and inventory management. Kofax Readsoft Online™ is a certified “Built for Oracle NetSuite” solution.

Kofax Readsoft Online for Oracle NetSuite supports these features:

  • Mapping of Oracle NetSuite organizational data to Kofax Readsoft Online
  • Capture, extraction and verification of all invoice data, automatically
  • PO and invoice line pairing, 2-way match (invoice and PO), 3-way match (invoice, PO and goods receipt)
  • Data synchronization of master data to support coding and validation, including vendor, GL, Purchase Order, currency, coding segments (dimensions) and tax codes
  • Business rules for supplier checking, duplicates and purchase order validation
  • GL coding of PO and non-PO invoices with line items
  • Tax handling of sales tax, VAT and tax-exemptions
  • Approval hierarchy-driven workflows can be linear, one step, parallel or automatic based on predefined constraints
  • Approval workflows, including general ledger coding of non-PO invoices. Importing of general ledger account coding and Oracle NetSuite coding segments
  • Final posting of PO invoices, non-PO invoices, PO credit notes and non-PO credit notes

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