Is your company one of the estimated 31,000 companies that rely on Oracle NetSuite? If so, we’ve got some news for you that will make subscription, billing, and payments a whole lot easier. 

Announcing a new integration between Oracle NetSuite and the Recurly subscription management platform. The combination connects Recurly’s subscription and billing capabilities with NetSuite's financial management and revenue recognition solution through a one-way integration from Recurly to Netsuite. Read on or watch the video highlights

Highlights of the new integration include:

Fast setup

Predefined, out-of-the-box setup means you can launch the integration quickly, getting up and running faster with no integration headaches. 

Near real-time data

Every hour, Recurly sends updated data to Oracle NetSuite, ensuring you have the most current data surrounding the health of your subscription business.  

Flexible configuration

Operate a bit differently? The integration supports custom fields so you can support specific business processes and workflows.

Best of both

Leverage NetSuite’s revenue recognition module with Recurly billing data to further automate revenue scheduling, allocation, and reporting.

How the integration works

If that all sounds good, but you want more details, here’s the juice:

  • It’s a one-way sync from Recurly to Oracle NetSuite.

  • You can sync the following Recurly data:

    • Item Plans, Add-Ons, and Setup Fees 

    • Customer Accounts

    • Invoices 

    • Payments & Refund transactions

    • Credits

    • Custom fields for Accounts, Invoices, and Subscriptions

  • It runs hourly by default, syncing the unsynced.

  • You can leverage Recurly or the standard NetSuite revenue recognition module (must be enabled).

  • You have the ability to prevent failed payments from flowing into Netsuite.

  • Experience easier management of shared data with external id flexibility

  • And much much more!

Here’s what some of the integration’s early adopters are saying:

The integration between Oracle NetSuite and Recurly takes the best of both solutions—NetSuite’s recurring revenue capabilities with Recurly’s powerful subscription billing platform. It’s a powerful combination that gives us increased visibility of our subscription business.

We were able to roll out the integration between Oracle NetSuite and Recurly rapidly within four weeks—and the near real-time data synchronization gives our teams the data they need to service customers quickly and accurately.

Integration is one of the promises—and expectations—of modern cloud technology, and the Recurly and NetSuite integration is a shining example. Ultimately, the data sharing between these two powerful platforms will help you build trust and transparency with your customers, improving customer retention rates and increasing satisfaction levels—and that’s pretty sweet. 

If you’re interested in learning more, please reach out to your account manager or request a demo.