Synder Unveils NetSuite Integration for Enhanced Automated Accounting Solutions

Synder Integrates with NetSuite for Superior Accounting Automation

In a groundbreaking announcement, Synder, the accounting automation solution renowned by numerous retail, ecommerce, and SaaS enterprises, has launched its new integration with NetSuite, a prominent cloud ERP system developed by Oracle. This integration aims to assist rapidly expanding businesses and accounting teams in efficiently managing multi-channel sales, payment processing, and financial data within NetSuite, all while ensuring precision and control.

What Does This Integration Offer?

With the introduction of this new feature, Synder users can effortlessly link popular platforms such as Shopify, Amazon, Etsy, Stripe, PayPal, Square, and over 30 others directly to NetSuite. The integration provides automated sales synchronization, streamlining the month-end closing process, and generating clean, audit-ready records that accommodate multiple entities and currencies.

Key Advantages of the Synder and NetSuite Integration:

1. Unified Data Flow: Users can now capture all sales, refunds, fees, and taxes from their Shopify and Stripe accounts directly into NetSuite without the need for manual data entry, significantly saving time and reducing error.

2. Swift and Reliable Reconciliation: The integration ensures that transactions are matched with bank deposits, allowing for a balanced and accurate accounting system.

3. Scalable Reporting: Businesses can track their real-time financial performance across various sales channels, markets, and currencies, facilitating informed decision-making.

Michael Astreiko, the CEO of Synder, stated, "NetSuite is an essential engine that drives operations for numerous fast-growing businesses. Our integration allows users to easily connect with their corporate ERP while maintaining clean and automated financial workflows. This development is particularly beneficial for teams managing complex tasks who wish to scale without the burden of additional accounting workloads."

This integration is suited for retailers, manufacturers, SaaS companies, and accounting professionals that utilize NetSuite for enterprise resource planning. It helps eliminate laborious manual tasks, ensuring compliance with accounting regulations, and fosters operational efficiency through real-time data visibility.

Why Choose Synder's Integration?

Synder stands out as an intelligent accounting automation platform designed to simplify intricate financial workflows for various business models. As a Y Combinator S21 alumni and participant in the 2023 AICPA Startup Accelerator, Synder allows connections to numerous sales channels, payment gateways, and leading accounting software such as QuickBooks, NetSuite, Sage Intacct, and Xero. This creates a seamless experience in syncing multi-source data, reconciling across multiple channels, and recognizing revenue in compliance with GAAP standards. Currently, more than 5,000 businesses and 200 accounting firms trust Synder for their accounting needs, citing its speed, accuracy, and customization capabilities.

To experience the Synder and NetSuite integration or to learn more, users can visit Synder’s official website.

Conclusion

In today's rapidly evolving business landscape, leveraging streamlined accounting services through innovations like Synder’s integration with NetSuite is essential. This cutting-edge solution is set to revolutionize how businesses manage their financial data, paving the way for increased efficiency and growth in the industry. Whether a retail shop, a SaaS startup, or an accounting firm, embracing such technologies can lead to simplified bookkeeping processes, quicker financial close periods, and an enhanced ability to scale operations confidently.