BOSTON, MA — Centime, a cash management solution provider, today announced that its SuiteApp has achieved ‘Built for NetSuite’ status. The new Centime Cash Management SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations improve cash life cycle management.
“With the Centime SuiteApp, businesses can leverage a single, integrated system to gain greater control over their most precious resource – cash,” said BC Krishna, founder and CEO, Centime. “Building upon NetSuite’s cash management features, Centime helps improve cash forecasting, streamline accounts payable and accounts receivable processes, and provide access to cost-effective credit.”
Building upon NetSuite integrated business system and financial services solutions, the Centime SuiteApp can help businesses automate thirteen-week cash flow forecasts, further optimize accounts payable and receivable processes, and improve cash reporting to gain financial insights. With Centime, businesses can also qualify for CentimeCredit, a working capital credit line of up to $250,000 to access cash when needed.
“Cash flow visibility is important for businesses to make informed financial decisions,” said Guido Haarmans, group vice president, SuiteCloud Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for cash management and helps NetSuite customers track business performance and improve forecasting to support growth objectives.”
Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides the information, resources, and methodology required to help partners verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like Centime, have been built to meet these standards.
Oracle NetSuite’s SuiteCloud platform is a comprehensive offering of cloud-based products, development tools, and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading cloud-based financials / ERP software suite, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built to extend the power of NetSuite.
The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) that build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit https://www.netsuite.com/portal/developers/overview.shtml
Cash is the lifeblood of every business.
Centime provides powerful SaaS solutions to enable businesses to better manage cash and cash flow.
With Centime Cash Management, businesses can monitor cash balances, forecast cash flows, strategically manage AP and AR, obtain working capital credit, and track key indicators of cash performance.
Centime was awarded 2022 Commercial Banking Fintech of the Year by Aite-Novarica.
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