Coprocess held a 2 hour workshop (from 4pm - 6pm) at the Starling Hotel, Geneva. As well as a demo of the latest version of the Coprocess solution, there were case studies by:
EATON – Improving Settlement efficiency at Eaton through Global Netting
By Bruno Lawaree Sr. Treasury Manager, EMEA, Eaton, Morges
Based in Morges, with over 600 participants and around 80,000 invoices per month, Bruno explained the structure and complexities of managing such a large netting.
DIEBOLD – Netting at Diebold, Past, Present and Future
By Simon Bishop, EMEA Treasury Manager, Diebold, Geneva
With their netting center in Geneva, Diebold has been running a Cashless netting since 2002 for it 50 subsidiaries, Simon explained the evolution of netting at Diebold 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
The workshop is part of a road show of workshops that Coprocess undertakes in order to make more people aware of what is possible with a modern netting system.
