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Overview
NET1 offers integrated payment‑processing capabilities for manufacturers using ERP systems. While integrating third-party tools can be complex, its secure credit card and ACH processing and automated billing streamline financial operations, making it a reliable solution for manufacturers managing high-volume transactions.
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Starting Price
Custom
NET1 Specifications
- Inventory Management
- Integration with ERP Systems
- Reporting And Analytics
- Alerts/Notifications
What Is NET1?
NET1 software is a cloud-based payment platform built for manufacturers seeking to reduce financial friction. It directly addresses the high risks and costly errors of manual data entry by automating payment acceptance. By leveraging advanced tokenization, it significantly reduces PCI compliance burdens and enhances data security. This automation accelerates cash flow by posting payments directly to accounts receivable, making it ideal for the small- to medium-sized businesses that ECI serves.
NET1 Pricing
NET1 Integrations
Who Is NET1 For?
NET1 is ideal for a wide range of industries and manufacturing operations, including:
- Aerospace and defense
- Industrial machinery
- Job shops
- Make-to-order manufacturers
- Medical devices
- Electronics manufacturing
- Plastic and rubber
Is NET1 Right For You?
NET1 is the ideal fit for manufacturers operating within the ECI ecosystem. Its standout advantage lies in seamless, secure integration that provides exclusive Level 3 processing savings and eliminates the need for multiple third-party payment tools. This scalable, cloud-based solution ensures robust data security and strict PCI compliance. As a product from an award-winning provider, NET1 remains a trusted, future-ready choice for automating payments.
Still unsure about NET1? Contact our customer support staff at (661) 384-7070 for further guidance.
NET1 Features
Payment Vault
NET1 enhances data security through its advanced Payment Vault, which tokenizes sensitive card and account information before storing it in the ERP system. This process minimizes the risk of data breaches, ensuring safer transactions and long-term protection for customer payment details.
Support For ACH
The platform enables seamless ACH payment processing to help manufacturers reduce transaction costs, eliminate reliance on paper checks or cash, and mitigate fraud risks. By simplifying fund transfers, it shortens payment cycles and improves overall cash flow management within ERP environments.
Fee Recovery
NET1 supports automated credit card fee recovery through built-in surcharging functionality compliant with state regulations. This capability allows businesses to offset processing expenses, maintain profitability, and ensure transparent billing practices without adding unnecessary complexity to the customer payment experience.
AR Automation
The software automates accounts receivable processes by enabling faster payment collection and simplified account management for customers. This automation improves billing accuracy, reduces manual workload for finance teams, and enhances customer satisfaction by providing a smoother, more efficient payment experience.
AP Automation
NET1 streamlines accounts payable management by automating vendor payments and improving cash flow visibility. Businesses can better control outgoing funds, minimize manual errors, and ensure payments are made only when due, creating more efficient vendor relationships and stronger financial oversight.
Pros And Cons of NET1
Pros
Automates payment posting, eliminating manual entry errors
Secure Payment Vault tokenizes card/account information
Enables automated fee recovery via compliant surcharging
Cons
May require account manager consultation for full setup
Some advanced features like surcharging depend on state laws
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Frequently Asked Questions
What language does NET1 support?
NET1 software primarily supports English.
Does NET1 offer an API?
Information about an API is currently unspecified by the vendor.
Does NET1 have a mobile app?
No, NET1 does not offer a dedicated mobile app.
What other apps does NET1 integrate with?
NET1 seamlessly integrates with multiple other ECI platforms.
What types of pricing plans does NET1 offer?
NET1 provides flexible pricing structured around unique business demands. Get a detailed NET1 cost breakdown to make an informed decision.
What level of support does NET1 offer?
NET1 offers support via phone and a dedicated support portal.
Who are the typical users of NET1?
NET1 features are used by manufacturers, distributors, finance teams, accounts receivable and payable staff, ERP administrators, and operations managers seeking secure, automated payment processing within the ECI ecosystem.