Key takeaways
- NetSuite has named Atlar its SuiteCloud International Partner of the Year for the second year running, announced at SuiteWorld in Las Vegas.
- Joint customers grew by more than 400% in the year before last year's award and by triple digits again since, with Trustly, Zafin, and Reach among the newest to choose Atlar alongside NetSuite.
- Accounts payable teams approve payment runs in NetSuite, and Atlar formats and sends them to each bank, then returns bank statements to NetSuite in one standard format. At Storytel, paying vendor bills went from 20 hours a week to seven minutes.
- Atlar's AI bank reconciliation matches transactions against NetSuite, with reconciliation agents rolling out now and a person confirming every entry before it posts.
NetSuite has named Atlar its SuiteCloud International Partner of the Year for the second year running. Jakob Berglund, Atlar's Head of Partnerships, collected the award at SuiteWorld in Las Vegas.
In the year before last year's award, joint customers grew by more than 400%. They've grown by triple digits again since. Several of the newest, including Trustly, Zafin, and Reach, have chosen Atlar to run their entire treasury alongside NetSuite.
Joel Nordström, CEO and co-founder of Atlar, says:
“NetSuite holds the books and Atlar runs treasury. The better the two are connected, the more of the daily work agents can take on, because they act on live data from every bank and the ledger, with the team approving before anything moves.”
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Paying vendors without leaving NetSuite
Accounts payable teams keep approving bills in NetSuite as they always have. Atlar picks up each approved payment run, formats it for each bank, and sends it. Bank statements come back into NetSuite automatically, in one standard format.
At Storytel, paying vendor bills used to take 20 hours a week. With every bank connected to Atlar and synced with NetSuite, it now takes seven minutes.
Jakob Berglund, Head of Partnerships at Atlar, adds:
“Getting every bank connected to the ERP, and keeping it connected, is the hardest part of most treasury projects. We build and run every connection ourselves, in more than 100 countries, so NetSuite customers have one team to call when a bank changes something.”
Reconciliation, with AI doing the matching
Bank reconciliation joined the platform earlier this year, and finance teams at Aiven and Kilo now use it against NetSuite. Acast has chosen Atlar to do the same across its markets.
AI matching clears most transactions on its own. Reconciliation agents, now rolling out, propose matches for what's left and suggest new rules, and a person confirms every entry before it posts to NetSuite.
Thank you to the NetSuite team, and the SuiteCloud Developer Network in particular, for the recognition.
To see the integration in action, request a demo or get in touch with our team.
