Payhawk Partners with Novutech to Help NetSuite Users Close Their Books Twice as Fast
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Payhawk, a spend management platform operating in 32 countries, announces a strategic partnership with Novutech, a digital transformation consultancy firm across Europe and NetSuite expert. This collaboration reflects their shared commitment to provide clients with more integrated, automated, and efficient spend management solutions.
This article was originally a press release.
The strategic partnership between Payhawk and NetSuite specialist Novutech accelerates month-end closing for finance teams.
Through native integration, 99.7% of expenses are automatically exported to NetSuite without any manual intervention.
Together, both companies offer a comprehensive and scalable solution for automated spend management in ERP environments.
According to McKinsey, only 20% of companies achieve more than half of their expected ERP system benefits. Major ERP providers acknowledge the limitations of a "one-size-fits-all" ERP model and are moving towards modularity to leverage the best extension modules.
Among key market differentiators, Payhawk stands out for its numerous ERP integrations and ability to provide real-time control and visibility. As a Payhawk user first, Novutech's team quickly realized the platform's tangible benefits: previously, they relied on manual processes for expense management, which was time-consuming for employees and involved lengthy expense processing times. Today, spend management is much faster, employees use corporate cards, data is automatically captured through OCR technology, and native NetSuite integration enables real-time synchronization.
Valentin Gerbi, Country Manager France at Payhawk, comments:
Today, finance teams need to provide strategic insights while remaining blocked by manual reconciliation and data entry. This partnership with Novutech is particularly significant as they have directly experienced the impact of our real-time NetSuite integration on transforming their own financial operations. Now, they can offer this same efficiency to their entire client base, helping finance teams shift from processing to analysis.
As a partner in finance function digital transformation, Novutech shares Payhawk's vision: simplifying financial management through automation. Their team of certified NetSuite experts, combining technical expertise and business knowledge, represents an ideal partner for implementing Payhawk with new clients. Through this partnership, both companies join forces to offer an even more coherent and comprehensive solution, adapted to current CFO needs.
Concrete benefits include:
Custom NetSuite solutions by Novutech to manage key business processes,
Native integration that greatly simplifies accounting reconciliation processes with 99.7% of expenses exported to NetSuite without manual intervention.
Complete spend management by Payhawk with real-time visibility and control of all company expenses (expense reports, supplier invoices, corporate cards, budgets).
These benefits are now shared by Novutech's clients across Europe, who enjoy a reliable solution and customized support.
Valentin Gerbi, Country Manager France at Payhawk fintech, adds:
We are very excited to partner with Novutech. Their experience in NetSuite implementation, combined with the power of our spend management platform, creates a turnkey solution for companies looking to transform their finance function. This partnership is especially meaningful as it's built on shared experience.
Maxime Lothe, CEO of Novutech, states:
Our combined expertise allows companies to streamline their financial operations by offering unparalleled visibility into their spending. Payhawk has numerous advantages for our clients, such as its credit functionality that eliminates deposit issues, its corporate cards accepted worldwide, its powerful AI-driven receipt recognition, and its native real-time integration with NetSuite. Our partnership offers a true competitive advantage in the market, delivering tangible value from day one.
