Glossary

The World Leader In Intercompany Netting

Over 30 Years' Experience

Servicing 22900 Business Units

Presence In 187 Countries

Process Improvement

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

Facile à utiliser

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

Excellent

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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ERP

Enterprise Resource Planning ERP provides an integrated view of core business processes, can track business resources such as cash, raw materials and production capacity. Coprocess clients often link their ERP to our system to extract invoice level detail and sometimes budget rates. Coprocess delivers back to the ERP a file of paid invoices and sometimes cash movements in the shape of journal entries.

Exchange rates

a list of current or book rates used for the calculation of the participant net positions, see also Book Rates.

Excluded

a module of Coprocess Multilateral Netting that allows participants based in countries with Netting or Currency restrictions, to take part in the company netting programme.(see also Netting Regulations) Read more on our blog about Coprocess Excluded module, how it works, benefits)

Our Services

Intercompany Netting

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.

Intercompany Reconciliation

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.

Vendor Payments

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.