Over 30 Years' Experience
Servicing 22900 Business Units
Presence In 187 Countries
The netting tool is working very well and has proved to be a great process improvement for our company that processes numerous invoices and payments.
- Global Entertainment Company
L'outil de netting est facile à utiliser, et a pu être ciselé en fonction des besoins du Groupe Faiveley Transport. La mise en place de la plate-forme de netting s’est révélée simple, l’administration l’est tout autant.
- Faiveley
In 2012, we implemented the new Coprocess netting tool. The preparation and support of Coprocess staff was excellent. We had a smooth transition and have been working with the new system for almost one year now.
- Nestlé
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A sub-ledger of the General Ledger for recording payments due to creditors, see also Accounts Receivable.
A sub-ledger of the General Ledger for recording receipts due from debtors, see also Accounts Payable.
See Settle Only Matched.
Brings simplicity, savings & visibility to Intercompany. Up to 70% reduction in payments & FX volumes, centralises banking relationships, reducing float and complexity. Integrates with your current Treasury technology. Real time intercompany netting system using our optional API in a secure private cloud. Also known as multilateral netting, netting and multilateral settlement.
Gives visibility over intercompany transactions including AR & AP, interest, loans and treasury transactions. Eliminates mismatches & facilitates automatic reporting. Real time reconciliation system for invoice matching, negotiation and dispute handling. Always available, specifically designed system with API technology.
Payment On Behalf Of; with all the benefits of netting plus the liquidity and control of payment centralisation. Mix and match payment factory features for vendor & intercompany payments.
Delivering Benefits - Our clients save money and improve their efficiency every day using our automated intercompany netting system for total visibility and control over their settlements.
