Fyle is delighted to partner with Anchor Group and bring real-time and seamless expense management capabilities to their clients. Anchor Group is a team of experienced NetSuite consultants and developers who provide top-notch NetSuite and SuiteCommerce support for medium, and enterprise-level organizations throughout the US. 

The #1 NetSuite Consulting Firm by GoodFirms

Since its inception, Anchor Group has been striving to provide the best NetSuite and SuiteCommerce services to boost their clients' ERP environments to new performance levels. Their team includes NetSuite developers and consultants with experience in various industries who can provide innovative solutions to their clients. 

With years of experience and expertise, Anchor Group has been named the #1 Best NetSuite Consulting Firms by GoodFirms and ranks in the top 10 NetSuite consulting firms by Clutch. Most recently, NetSuite recognized Anchor Group's efforts by naming them a Summer Alliance Partner Spotlight Award winner in 2022. 

Finding the best NetSuite solutions for their clients

Anchor Group’s consultants work with clients to ensure they get the best out of NetSuite's capabilities. When a customer has a specific requirement that goes beyond NetSuite’s native functionality, they usually turn to Anchor Group for a solution.  While Anchor Group’s developers frequently build customizations to meet these needs, it often makes sense to refer customers  to an existing 3rd party platform that can solve the problem. 

Before referring a customer to a 3rd party platform, Anchor Group’s consultants evaluate business pain points and current business processes, and then advise their clients on which solutions best suit them. . Often they find themselves referring customers to one of their many partners. 

For instance, Anchor Group has clients who handle a large volume of business expenses, either travel, corporate card, or out-of-pocket. NetSuite does have native expense reporting capabilities, but submitting expenses directly through NetSuite involves a lot of manual data entry. For businesses with high volumes of employee expense submissions, automating more of the expense reporting process can save the company significant investments of time and money. So, Anchor Group  wanted to partner with an expense management solution provider to resolve this pain point. 

They needed to find a solution with features that complemented NetSuite, and Anchor Group was looking for  a partner that  would deliver the quality of service that their clients expect. But, more importantly, the integration and the product needed to work well and be easy for clients to set up and use.

The expense management solution that prioritizes data security

Oracle's NetSuite is renowned for its superior data integrity and enterprise-grade security. It is important for the third-party solutions that Anchor Group works with to have the same data security levels. Fyle checked all of their boxes. Along with a platform that is easy to use, Fyle’s approach to safeguarding customer data rivals that of the best ERP solutions in the market. 

Fyle makes expense reporting and receipt tracking a breeze. Employees can track receipts and submit reports from Gmail, Outlook, Slack, MS Teams, text messages, or their phone gallery with a single click. In addition, they never miss a reimbursement deadline thanks to real-time reminders for receipt submissions, as soon as they swipe their credit cards. 

Finance teams get real-time visibility into credit card spending and rich insights into spending patterns, operational inefficiencies, and risk areas. Fyle streamlines the expense management process while ensuring data security and removing haphazard reporting behavior. Ultimately, this saves the client valuable time and money that can be spent on more critical business activities. 

Fyle's 2-way integration with NetSuite is powerful, seamless, and self-serve, requiring almost no effort for Anchor Group's developers and consultants to set it up for clients. The integration also automatically maps employee and vendor data, tax information, charts of accounts, projects, or other custom fields. Accounting teams save hours of manual effort inputting and mapping expense data from their expense reports into NetSuite. 

What's next?

Anchor Group  is partnering with Fyle to bring powerful expense management tools to  their clients. They have found that Fyle's seamless expense reporting capabilities, robust integration with NetSuite, and high levels of data integrity  are the features of this expense reporting solution that bring the most value to companies like their clients.

In the coming months, Anchor Group will complete the full roll-out of their customer portal, which is currently in a soft launch phase.   Here they will bring available NetSuite and SuiteCommerce solutions (including NetSuite module implementation, native bundle installation services, and 3rd-party partner solutions like Fyle’s expense management) to their clientele. By sharing information about a number of available options, and recommending specific solutions on a company-by-company basis, Anchor Group hopes to help clients choose the solutions that  best suit their unique business needs. 

"We are focused on serving our clients and offering them only the best solutions available in the market. For us this includes recommending NetSuite’s own solutions as well as high-quality third party solutions that integrate with NetSuite and complement its functionality.  Fyle aligns with this goal, which is why we've partnered with them. We recognize the value that Fyle's expense reporting can bring to companies running on NetSuite, and we are excited to work more closely with Fyle  to bring their value offering to our clients. As we work towards the full launch of our customer portal, Fyle is a great partner to be working with in our journey of sharing information about valuable solutions and ultimately enhancing  the NetSuite ecosystem," says Corynn Anderson, Marketing Director at Anchor Group. 

Join our partner program to bring real-time expense management to your clients

‍Becoming a Fyle partner will provide your accounting firm with the opportunity to bring a new-age expense management solution that can truly automate accounting for you and your clients. With real-time visibility and rich spend analytics, your firm can expand beyond traditional accounting services and become a valued advisory partner for your clients. Become a Fyle partner today!