Real-time ERP sync: A game-changer for controllers

Airwallex promotes real-time ERP synchronization as a way for finance teams to reduce the manual reconciliation, delayed data, and reporting gaps that often make month-end close time-consuming and error-prone. Its integrations with systems including Xero and NetSuite automatically synchronize transactions, expenses, bills, payments, multi-currency activity, and, for NetSuite users, purchase orders in both directions, providing a more current view of spending across entities. The approach supports a continuous-close model in which reconciliation and reporting occur throughout the month, potentially improving accuracy, audit readiness, cash-flow oversight, and scalability for global operations. Citing Igloo Insure as an example, the material argues that integrated workflows can accelerate invoice processing, strengthen financial visibility, and help teams track cross-border cost savings, while freeing controllers to focus more on analysis and strategic decision-making.

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