For international companies worried about the cost, complexity and risk from fraud of continuing to make payments locally in-country then this module of the Coprocess Netting system could be a cost effective solution.
- Benefits of a centralised platform
- How it works
- Detail effects on Foreign Exchange
- Cash and Cashless intercompany settlement
- Bank payment process and formats
This presentation was given at the Coprocess User Group Meeting, Nyon, May 2014.