January 30, 2025

Bank Integrations: Reducing Payment Processing Times By 80%

Bank Integrations: Reducing Payment Processing Times By 80%
Styled Button Explore NetSuite Bank Integration Solution

Key Outcomes:

  • 80% reduction in payment processing time – from 2 days to a few hours
  • Automated 95% of payment reconciliation
  • 99.5% accuracy in payment file generation, minimizing bank rejections

Quick Description:

Tvarana addressed challenges faced by a number of Indian clients by developing a customized integration that connects NetSuite ERP directly with leading Indian banks such as ICICI Bank, HDFC Bank, and Kotak Bank. This solution bridges the gap in NetSuite's standard EBP module, enabling businesses in India to automate their financial transactions effectively and securely.

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