The World Leader In Intercompany Netting

Over 25 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

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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

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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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Make No Payment

Or more accurately, associate an alternative payment method (which allow the option to make no payment to the subsidiary). For example, if all netting settlements are made by BACS but one subsidiary has net flows greater than the BACS limit, then this subsidiary could have an alternative settlement method allowing wire transfer.

Matching

The process of agreeing transactions between participants. Matching is usually completed on invoice number as a key field plus other criteria such as participant code, currency, amount, reference information etc. see also Mismatching.

Mismatching

This is a common problem needing to be fixed at many companies. The two versions of any transaction need to be matched and agreed in a tight time scale.

Month End Reconciliation

See Reconciliation.

Multi-lateral Netting

See Multilateral Netting

Multilateral Netting

An arrangement which allows settling of obligations such as payments, for multiple parties, through a central point (see also Intercompany Netting, FX Netting, Balance Netting).

Multilateral Netting System

Software that allows the calculation of the amount to offset and is owed to or owed by any one netting participant.

Multilateral Settlement System

The software and/or hardware needed to run a multilateral netting process.

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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.