What are the benefits of using an Expensify card while integrating with Netsuite?

Adam1234
Adam1234 Expensify Customer Posts: 5 Expensify Newcomer
edited July 2022 in Expensify Card

I'd like to understand if there are any added advantages of using an Expensify card as compared to any other CCC while integrating with Netsuite.

Best Answer

  • Sonia Liapounova
    Sonia Liapounova Expensify Success Coach - Admin, Expensify Team Posts: 210 Expensify Team
    Answer ✓

    Hi @Adam1234 , thanks for your question!

    Regarding the integration, the biggest benefit is that unlike other bank connections, the Expensify card expenses can be auto-reconciled to NetSuite on a monthly or daily schedule. This means that we will automatically export the card expenses into NetSuite and create a journal entry to credit a clearing account and debit the corresponding liability account. More information on this can be found here.

    In addition to simplifying accounting there are a number of perks such as a billing discount, cash back, instant import of expenses into user accounts - you don't have to wait for them to post to import, management of the card settings by individual or group right within Expensify so everything is in-house. More info about the card and its perks can be found here!