Payhawk partners with Novutech to streamline expense reporting for users

By Puja Sharma

Payhawk, a platform offering an expense management solution for businesses in 32 countries, has signed a strategic partnership with Novutech, a consulting firm specialising in digital transformation for businesses across Europe and a NetSuite expert. This collaboration is part of a shared commitment to provide customers with more integrated, automated and efficient expense management solutions.

According to McKinsey, only 20% of companies manage to capture more than half the projected benefits from ERP systems. Leading ERP vendors recognise the limitations of the “one size fits all” model of establishing an ERP within their clients’ business. They are shifting towards modularity, which means taking advantage of the best in class plug-ins to get an ERP set up that works in the right way.

Among the market’s main differentiators, Payhawk stands out for its numerous ERP integrations and its ability to offer real-time control and visibility. With Novutech as a Payhawk user, their team quickly realised the tangible benefits of the platform: previously, they had been using manual processes to manage expense reports, which was very time-consuming for employees and meant that expenses took longer to process. Today, expense management is much faster, employees use company cards, data is entered automatically thanks to OCR technology, and native integration with NetSuite enables real-time synchronisation.

“Today’s finance teams are being asked to provide strategic insights while still bogged down by manual reconciliation and data entry,” said Valentin Gerbi, Country Director of France at Payhawk. “This partnership with Novutech is particularly meaningful because they experienced firsthand how our real-time NetSuite integration transformed their own financial operations. Now they can bring that same efficiency to their entire client base, helping finance teams shift from processing to analysing.”

As a partner in the digital transformation of finance, Novutech shares Payhawk’s vision of simplifying financial management through automation. Its team of NetSuite-certified experts, combining technical expertise and business knowledge, is ideally placed to implement Payhawk for new customers. Through this partnership, the two companies are joining forces to offer an even more consistent and comprehensive offering tailored to the current needs of finance departments.

Among the concrete benefits:

• Customised NetSuite solutions by Novutech to manage key business processes
• Native integration that greatly simplifies accounting reconciliation processes with 99.7% of expenses exported to NetSuite with zero manual intervention
• Comprehensive expense management by Payhawk with real-time visibility and control of all company expenses (expense reports, supplier invoices, corporate cards, budgets).

These benefits are now shared by Novutech customers across Europe, who enjoy a reliable solution and tailored support.

“Our combined expertise enables us to help companies streamline their financial operations by providing them with unparalleled visibility into their spending. What makes Payhawk particularly compelling for our clients is their credit functionality, which eliminates the hassle of deposits, and their true credit cards that are accepted everywhere. Combined with their powerful AI receipt recognition and seamless, real-time integration with NetSuite, this creates a real differentiator in the market that delivers tangible value from day one,” added Maxime Lothe, CEO of Novutech.