BACKGROUND
Government Brands is a privately owned SAAS software and online solution. Supporting thousands of government customers in 50 states, Government Brands offers solutions for all sizes of governments – municipalities, counties, states, and Federal agencies. They have a finance team of 25 based in Alpharetta, GA, headed by Jim Montano, CPA, VP Finance and Corporate Controller and transaction team lead, Doris Sotomayor, CPA, Senior Accountant.
In 2019, Government Brands purchased 16 companies, acquiring a new company almost every quarter. While implementing NetSuite across their newly acquired entities that were previously on Quickbooks, they evaluated many departments and identified their payment processes were laborious. They were managing 19 checking accounts manually. From cutting checks, changing check stocks in printers, to observing duplicate payments, this process was no longer sustainable.
“The manual check process was very time consuming. We used to spend a day printing and mailing out checks for 16 of our subsidiaries,” said Doris Sotomayor, Government Brands’ Senior Accountant.
SOLUTION
Government Brands researched various solutions and selected Corporate Spending Innovations (CSI) largely in part to their partnership and integration with the NetSuite ERP. CSI Paysystems is a Built for NetSuite AP Automation and Payments Provider within Suiteapps. The partnership enabled Government Brands to easily and efficiently pay their vendors using virtual cards, ACH, and checks.