MacroFin & Payhawk – Strategic Partners, Streamlining Business Payments.
Payhawk, a prominent global spend management solution, and MacroFin, an acclaimed Alliance Partner, have recently unveiled their strategic collaboration. The partnership is designed to assist both domestic and international businesses in enhancing their payment procedures and simplifying their financial operations.
Payhawk is the built-for-NetSuite partner that combines company cards, employee reimbursements and automated accounts payable into one single solution that syncs live with NetSuite, allowing businesses to make payments easier for everyone.
MacroFin was founded in 2018 to fundamentally change the way finance and ERP systems are implemented. By combining the NetSuite SuiteSucccess methodology with financial knowledge and qualifications, MacroFin delivers unrivalled financial and technical solutions for some of Europe’s most innovative brands.
By partnering with MacroFin, customers can effortlessly set up and efficiently track their expenses. Ross Latta, Co-founder and CEO of MacroFin, expressed:
“We’re excited to partner with Payhawk who offer a great payment solution. MacroFin has also chosen Payhawk for our own spend management and is very pleased with our experience so far. Payhawk is used by our employees who have been assigned cards for their expenses, and it integrates seamlessly into our NetSuite instance providing visibility and control around our costs and invoice payments. Our experience as a user of their product means we are well placed to advise our customers on the suitability of Payhawk as an addition to their tech stack”.
The integration between Payhawk and NetSuite enables businesses to swiftly export expenses, payments, and deposits within seconds. The setup process takes less than 20 minutes, offering automatic two-way communication, real-time spend reporting, and expediting month-end procedures for enhanced efficiency.
Hristo Borisov, CEO of Payhawk, commented on the partnership:
“We’re thrilled to partner with MacroFin to offer businesses a comprehensive spend management solution that streamlines the payment process. Our integration with NetSuite is seamless, and thanks to feedback from partners and customers, we’ve built something that is both robust and versatile enough to support our growing customers. We’re extremely proud that over 110 customers are already using the integration and are seeing successful export rates of over 99.7%.”
If you’re considering transitioning to NetSuite and require enhanced expense management capabilities, reach out to speak with one of our in-house experts!