Coprocess is pleased to be mentioned in the TMI Awards.
We are very pleased to get a mention in the same article as Kyriba about our mutual client FrieslandCampina. FrieslandCampina is one of the ground breaking users of Coprocess, pretty much automating the process of submitting invoices to Coprocess.Netting, matching, settling for the netting Centre and the business units via TIS and posting paid items back to the ERPs.
Intercompany netting: In 2017, corporate treasury selected Coprocess as its global netting tool. The netting of one million invoices per year is now a continuous process, which releases the pressure of month-end processing by the shared service centres and reduces the transaction charges by €100,000 per year
...and the full article can be found here
Best wishes,
The Coprocess Team.
