{"id":1631,"date":"2018-09-26T20:21:38","date_gmt":"2018-09-26T20:21:38","guid":{"rendered":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?p=1631"},"modified":"2019-06-28T14:14:51","modified_gmt":"2019-06-28T14:14:51","slug":"netsuite-extends-erp-capabilities-by-launching-banking-as-a-service","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/","title":{"rendered":"NetSuite Extends ERP Capabilities by Launching Banking as a Service"},"content":{"rendered":"

\"NetSuite<\/p>\n

To help banking institutions keep up with evolving business and customer demands, Oracle NetSuite<\/a> announced the release of Banking as a Service.\u00a0As unique open banking approach, NetSuite Banking as a Service strengthens bank-to-customer relationships and help banks create new business models and revenue streams with end-to-end business process automation that is fast, reliable and provides strong security controls.<\/p>\n
Widget not in any sidebars
\n

NetSuite leads the cloud financials \/ enterprise resource planning (ERP)<\/a> industry by extending existing ERP solutions to integrate bank processes. From cash forecasting, to trade finance, instant business loans and credit lines, NetSuite Banking as a Service allows banks to leverage their assets to offer these features as part of their own services to meet growing customer expectations. Customers will benefit from direct access to financial services such as embedded payments, reconciliation and lending delivered as an extension of their ERP. This will help increase operational efficiency and improve workflows driving down cost and creating peace of mind for customers.<\/p>\n

According to the announcement<\/a>,\u00a0banks need to rethink traditional business processes to adapt to a new era of banking. In fact,\u00a0Forrester Research\u2019s<\/a> 2018 banking technology predicts, \u201cMore than 50% of banks will fail to exploit open banking, starting down the slow, painful path to becoming an unintentional utility.\u201d To be successful in this new digital reality, banks must turn to open banking solutions to differentiate their services and convert customer data into a strategic advantage.<\/p>\n

\u201cCustomers are demanding deeper relationships with financial institutions and as banks have struggled to meet this demand, new fintech providers have emerged to fill the gap,\u201d said Jason Maynard, senior vice president of strategy and marketing, Oracle NetSuite Global Business Unit. \u201cNetSuite Banking as a Service closes that gap and enables banks to provide their customers with a digital experience that we, as consumers, now expect. With NetSuite, banks finally have the means to offer the right services to enhance the customer experience and ultimately increase revenue.\u201d<\/p>\n

\n

Looking for more? Download our\u00a0<\/span>ERP buyers guide<\/a>\u00a0for free and compare the top-24 products available on the market with full page vendor profiles. The guide includes four key capabilities to look for in an ERP solution, plus five questions to ask yourself and five questions to ask the software provider before purchasing. It’s the perfect resource for anyone looking to find right ERP for their business\/organization.<\/span><\/p>\n

And don’t forget to follow us on\u00a0Twitter<\/a>,\u00a0Facebook\u00a0<\/a>and\u00a0LinkedIn<\/a>\u00a0for all the latest in the ERP space!<\/em><\/p>\n

\t\t\t

\"Download<\/a> \"Download<\/a> \"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

To help banking institutions keep up with evolving business and customer demands, Oracle NetSuite announced the release of Banking as a Service.\u00a0As unique open banking approach, NetSuite Banking as a Service strengthens bank-to-customer relationships and help banks create new business models and revenue streams with end-to-end business process automation that is fast, reliable and provides […]<\/p>\n","protected":false},"author":34,"featured_media":1632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[506],"acf":[],"yoast_head":"\nNetSuite Extends ERP Capabilities by Launching Banking as a Service<\/title>\n<meta name=\"description\" content=\"NetSuite Extends ERP Capabilities by Launching Banking as a Service.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NetSuite Extends ERP Capabilities by Launching Banking as a Service\" \/>\n<meta property=\"og:description\" content=\"NetSuite Extends ERP Capabilities by Launching Banking as a Service.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/\" \/>\n<meta property=\"og:site_name\" content=\"Best ERP Software, Vendors, News and Reviews\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-26T20:21:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-28T14:14:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elizabeth Quirk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Worktech_Review\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth Quirk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/\",\"name\":\"NetSuite Extends ERP Capabilities by Launching Banking as a Service\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg\",\"datePublished\":\"2018-09-26T20:21:38+00:00\",\"dateModified\":\"2019-06-28T14:14:51+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546\"},\"description\":\"NetSuite Extends ERP Capabilities by Launching Banking as a Service.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg\",\"width\":800,\"height\":400,\"caption\":\"NetSuite Extends ERP Capabilities by Launching Banking as a Service\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NetSuite Extends ERP Capabilities by Launching Banking as a Service\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website\",\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/\",\"name\":\"Best ERP Software, Vendors, News and Reviews\",\"description\":\"Buyer's Guide and Best Practices\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546\",\"name\":\"Elizabeth Quirk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g\",\"caption\":\"Elizabeth Quirk\"},\"description\":\"Liz is a leading enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She writes to bridge the gap between consumer and technical expert to help readers understand what they're looking for. Liz attended Massachusetts College of Liberal Arts, where she obtained her Bachelor of Arts Degree in English and Communications. You can reach her at equirk@solutionsreview.com\",\"sameAs\":[\"https:\/\/x.com\/Worktech_Review\"],\"url\":\"https:\/\/solutionsreview.com\/enterprise-resource-planning\/author\/equirk\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NetSuite Extends ERP Capabilities by Launching Banking as a Service","description":"NetSuite Extends ERP Capabilities by Launching Banking as a Service.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/","og_locale":"en_US","og_type":"article","og_title":"NetSuite Extends ERP Capabilities by Launching Banking as a Service","og_description":"NetSuite Extends ERP Capabilities by Launching Banking as a Service.","og_url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/","og_site_name":"Best ERP Software, Vendors, News and Reviews","article_published_time":"2018-09-26T20:21:38+00:00","article_modified_time":"2019-06-28T14:14:51+00:00","og_image":[{"width":800,"height":400,"url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg","type":"image\/jpeg"}],"author":"Elizabeth Quirk","twitter_card":"summary_large_image","twitter_creator":"@Worktech_Review","twitter_misc":{"Written by":"Elizabeth Quirk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/","name":"NetSuite Extends ERP Capabilities by Launching Banking as a Service","isPartOf":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website"},"primaryImageOfPage":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage"},"image":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage"},"thumbnailUrl":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg","datePublished":"2018-09-26T20:21:38+00:00","dateModified":"2019-06-28T14:14:51+00:00","author":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546"},"description":"NetSuite Extends ERP Capabilities by Launching Banking as a Service.","breadcrumb":{"@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#primaryimage","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg","contentUrl":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/files\/2018\/09\/NetSuite-Extends-ERP-Capabilities-by-Launching-Banking-as-a-Service.jpg","width":800,"height":400,"caption":"NetSuite Extends ERP Capabilities by Launching Banking as a Service"},{"@type":"BreadcrumbList","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/netsuite-extends-erp-capabilities-by-launching-banking-as-a-service\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/"},{"@type":"ListItem","position":2,"name":"NetSuite Extends ERP Capabilities by Launching Banking as a Service"}]},{"@type":"WebSite","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#website","url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/","name":"Best ERP Software, Vendors, News and Reviews","description":"Buyer's Guide and Best Practices","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/feeeb7918882f3214ef325bc102b4546","name":"Elizabeth Quirk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/57b5a4f7ddeacb3c21ec36e60492a204?s=96&d=mm&r=g","caption":"Elizabeth Quirk"},"description":"Liz is a leading enterprise technology writer covering Enterprise Resource Planning (ERP), Business Process Management (BPM) and Talent Management Suites (TMS) at Solutions Review. She writes to bridge the gap between consumer and technical expert to help readers understand what they're looking for. Liz attended Massachusetts College of Liberal Arts, where she obtained her Bachelor of Arts Degree in English and Communications. You can reach her at equirk@solutionsreview.com","sameAs":["https:\/\/x.com\/Worktech_Review"],"url":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/author\/equirk\/"}]}},"_links":{"self":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts\/1631"}],"collection":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/comments?post=1631"}],"version-history":[{"count":0,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/posts\/1631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/media\/1632"}],"wp:attachment":[{"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/media?parent=1631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/categories?post=1631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solutionsreview.com\/enterprise-resource-planning\/wp-json\/wp\/v2\/tags?post=1631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}