RubyFive embeds real-time payment initiation and settlement directly into NetSuite, enabling finance teams to send ACH, RTP, SEPA, or wire transfers without leaving the ERP. Transactions are routed instantly and automatically posted back to NetSuite, providing a full audit trail and eliminating manual reconciliation.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams using NetSuite must rely on separate payment portals, batch file uploads, and manual reconciliation, which introduces delays, errors, and cash tied up in transit.
Solution
RubyFive embeds real-time payment initiation and settlement directly within NetSuite, allowing users to trigger ACH, RTP, SEPA, or wire transfers without leaving the ERP. Payments are routed instantly over the RTP network 24/7, and transaction details are automatically posted back to NetSuite, eliminating manual entry and reconciliation. The platform provides a full audit trail, vendor account validation, and bank‑grade security, helping finance teams reduce cash‑in‑transit, improve working capital, and strengthen vendor relationships.
Target Audience
Primary customers are finance and accounts‑payable teams at mid‑size to large enterprises that run NetSuite as their ERP system and need instant, automated B2B payments.
Features
- Native NetSuite integration with no portal switching required
- Real‑time payment routing via RTP, ACH, SEPA, and wire networks 24/7
- Automatic posting of settled transactions back to NetSuite for zero manual reconciliation
- Full audit trail and payment status visibility within the ERP
- Vendor account validation and fraud‑mitigation controls
- Support for major banking partners including Bank of America, Wells Fargo, JP Morgan Chase, and Truist