A NetSuite eCommerce integration connects your online marketplaces and storefronts, like Amazon, Shopify, and Walmart, to NetSuite orders, inventory, payments, and fulfillment sync automatically. For sellers, GURUS Solutions also offers Marketplace Reconciliation, a custom solution that matches marketplace settlement files to NetSuite transactions, adds fees, and closes them to the right accounts. Together they cut month-end manual work and keep your marketplace data accurate.
If you’re looking to increase sales for your business across many marketplace channels, provide the best possible customer experience and streamline your eCommerce processes, this is the right solution for your company.
Marketplace Reconciliation for NetSuite is a custom solution for eCommerce businesses that need to reconcile Settlements with their associated transactions, add any outstanding fees, and associate them to the correct Gl account to fully pay and close the transactions. If you’re selling through multiple channels (like Amazon, Walmart, Shopify, Sears, eBay, Newegg, and Rakuten), those orders flow through NetSuite. A beneficial integration for any business.
Learn More About NetSuite eCommerce Integration
Benefits of a NetSuite eCommerce Integration
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Reconcile multiple marketplace channels (Amazon, Shopify, Walmart, etc) to maximize sales and grow your business.
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Automate lengthy processing at the end of the month (no more spreadsheets).
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Have a trace of the settlement file in NetSuite.
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Allows you to have Key Performance Indicators (KPIs) on metrics important for your business.
With this solution, you can:
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Automatically link settlement lines with transactions
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Update the transactions with reasonable fees
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And automatically create payments if necessary and link them to the transaction and settlement
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Speed up manual processes so you can focus on the 1% of the issues and determine what needs to change in the process to address those issues
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Use KPIs for marketplace accuracy and to handle marketplace settlement delays (how long it took to be settled)
When Should You Integrate NetSuite With Your eCommerce Platform?
During the month in most retail businesses that handle online (eCommerce) sales, it’s almost certain that you’re using one or many marketplace channels for your stock. If your business is on NetSuite, all those orders flow through your ERP system. Then, at the end of a given month, you receive a settlement file from your marketplace and need to reconcile this statement against your existing NetSuite transactions. Sound familiar so far? Here are some of the common issues that arise at this point:
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There can be several discrepancies in the amounts due to extra fees (ex: FBA fees, gift-wrapping fees, etc).
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It can be difficult to process returns.
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Adjustments and transfers are not being handled, and this is typically a labor-intensive process.
Overall, it is tough to get an accurate value of costs until the marketplace sells the goods and provides you with actuals at the end of the month. You want to be able to track transactions from the customer order on the marketplace, all the way to the settled order in NetSuite
Is This Solution The Right One for You?
Our powerful Marketplace Reconciliation Solution for NetSuite Users is geared towards helping Retail and Wholesale Businesses that:
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Sell goods on any online marketplace where you record sales as they happen and need to reconcile against actuals at a later date
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Need to record extra fees not available or accurate at the time of sale (ex; FBA, FBM) Have to reconcile against your bank statement
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Have a large portion of their sales that comes from selling on online marketplaces An Amazon Prime seller
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Need to calculate profit margins or other marketplace-specific KPIs in NetSuite
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Sell on a few marketplaces with high volume of transactions or sell on a high amount of marketplaces
What Do You Get With an Amazon NetSuite Integration?
Our skilled Boomi integration experts automate the flow of information from Amazon Seller Central to NetSuite ERP to achieve:
Automated Order Management
Automatically share order information between your Amazon eCommerce platform and your NetSuite back-office system.
Quicker Reaction Time
With a 360-degree view of your inventory at all times, get the visibility you need to quickly react to dropped orders, low stock, or high-traffic sale periods.
Decreased Order-to-Cash Time
Orders are processed quicker and more efficiently between your systems so your business can stop managing orders, and start making more sales.
Real-Time Inventory Counts
Get accurate, real-time inventory data across multiple warehouses to ensure you always know when inventory is low, items are sold out, or your stock has been replenished.
How Does An Amazon and NetSuite Integration Work?
Automatically map out the flow of data for products, inventory orders, fulfillment, payments, refunds, and cancellations.
When you add or change a product in NetSuite, Boomi syncs any product information to Amazon Seller Central including:
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Inventory count
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Pricing Information
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Product images
When you create a new order, the integration syncs customer, order, and item information such as:
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Item quantity
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Total order cost
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Customer payment method
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Tax information
When the order ships, Amazon captures the payment from the customer, and the payment method is recorded in NetSuite.
Should a customer require a return or refund, the return will be processed in Amazon and a credit memo will be created in the next week to complete the refund/ return.
How to Integrate eCommerce or Amazon With NetSuite
Our Marketplace Reconciliation solution for NetSuite automates the manual work of adding fees and taxes to transactions, creating cash refunds, reconciling against your bank, distributing taxes, and depositing funds.
Otherwise, our certified Boomi consulting services will help you master the eCommerce world.
- GURUS Solutions is a Certified Boomi Partner.
- 20+ years of Oracle NetSuite experience with over 2500 successful projects.
- A portfolio of e-commerce clients including, online-only sales, and both online and brick-and-mortar store hybrid retailers.
- Custom Boomi-compatible connector solutions across industries.
- Consultants across the U.S.A. and Canada, are ready to help at any time.
Integrate Your eCommerce and Amazon Data with GURUS Solutions
GURUS Solutions has been implementing and customizing NetSuite ERP for over 20 years across 2,500+ projects, and as a Certified Boomi Partner we specialize in connecting marketplaces and storefronts like Amazon, Shopify, and Walmart to NetSuite. Our Marketplace Reconciliation solution matches settlement files to your NetSuite transactions, adds fees, and closes them to the right accounts, while our Amazon connector keeps orders, inventory, and payments in sync.
Whether you're eliminating month-end reconciliation spreadsheets, syncing Amazon Seller Central, or tracking marketplace KPIs, our team configures NetSuite to fit how your business operates, not the other way around.
Contact GURUS Solutions to discuss your integration needs and get started