Coprocess held a 2 hour workshop (from 4pm - 6pm) at the Thon Hotel, Oslo. As well as a demo of the latest version of the Coprocess solution, there were case studies by:
Det Norske Veritas – Netting at DNV past, present, and future
By Elisabeth Kleveland Elsom Head of Cash Management, DNV, Oslo.
With their netting center in Høvik (Oslo), DNV has been running a payables based netting solution since 2006 for 106 of its subsidiaries worldwide. Elisabeth explained the evolution of netting at DNV and what further steps they envisage.. Coprocess demonstrated our state of the art netting solution featuring:
- Receivable driven netting on invoice level
- Matching of AR and AP
- On-line discussion and dispute handling
- Possibilities for Month End Reconciliation
