Novutech and Cobase join forces to revolutionize corporate banking and ERP integration

Category
September 27, 2023

Broad ERP/Tech

broad-erp-tech

We are thrilled to announce the strategic partnership between Novutech and Cobase, two leaders in the realm of digital transformation and corporate banking solutions. This commercial alliance aims to redefine the future of corporate banking, by integrating Cobase's cutting-edge Bank Connector SuiteApp with Novutech's expertise in NetSuite ERP solutions.

A vision for the future

Joost Kevelam, CCO of Cobase, encapsulates the essence of this partnership: "The future of corporate banking hinges on integration and efficiency. By collaborating with Novutech, we bring this vision closer to the end-user. We simplify and streamline the world of finance teams everywhere, while ensuring the NetSuite angle is in the hands of a highly reputable partner such as Novutech."

Transforming manual processes

Cobase's Bank Connector SuiteApp for Oracle NetSuite is a game-changer. With over 15,000 integrated banks via the Cobase platform, this connector promises to transform manual processes and IT complexities. It delivers automated payment processing, enhanced compliance, centralized bank connections, and professional implementation support.

Seamless reconciliation and flexibility

The Cobase platform also offers robust reconciliation tools that allow users to match their bank transactions with corresponding entries in Oracle NetSuite. Compatibility with third-party reconciliation solutions like Zone Reconcile ensures maximum flexibility and efficiency for users.

More than just connectivity

Jan Snyers, Sales & Marketing Director at Novutech, adds, "In partnership with Cobase, we're offering an unprecedented solution for banking integration with Oracle NetSuite. Compared to our in-house developed bank connection tool, Cobase offers even more value in terms of global bank connectivity and cash management capabilities."

Check out Cobase’s Bank Connector for Oracle NetSuite.

Additional services and modular approach

Besides enabling seamless bank connectivity, Cobase also offers additional services like payment and cash management, FX dealing and hedging, Inhouse Banking, Cash Pooling, and liquidity forecasting. Their modular approach means you only pay for what you use, making it a cost-effective solution tailored to your needs.

Enhance your NetSuite business platform with the Cobase cash management toolset and embark on a journey towards simpler, more efficient corporate banking, with Novutech by your side. For further information, please reach out to Novutech or Cobase.

About Cobase: Founded in 2017, Cobase is an innovative, cloud-based provider of bank connectivity technology that enables corporates to manage their banking relationships, accounts, and transaction activity via one single interface. In doing so, the company unlocks significant operational and financial efficiencies, especially for international businesses with multiple banking counterparties across the world.

About  Novutech: Founded in 2019 and with offices in the Benelux, France and Denmark, Novutech is a rapidly growing digitalization partner to midsize companies across Europe. Created with a vision to redefine business processes, Novutech specializes in Cloud ERP solutions for scale-ups and growth companies in Software, Professional Services and Commerce. With a team of certified NetSuite business and technical consultants, Novutech is at the forefront of digital transformation, helping businesses achieve their goals in the cloud.

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