For Banks

Coprocess has a bank ready corporate multilateral netting solution. Having white-labelled our multilateral netting system to a global bank we have successfully passed all the security, architecture and implementation requirements that a global bank imposes on any vendor.

Key benefits for a bank to offer the Coprocess multilateral netting solution are:

  • Brings payments into the bank and the cash pool (contrary to what many banks feel)
  • Creates new FX business
  • Raises the profile of the bank
  • Widens and deepens the client relationship
  • Enables the bank to bid more effectively on RFPs involving netting and compete better with rivals offering both netting and cash pooling
  • Enables the bank to attract new business for both new and existing clients

The Coprocess Netting solution is “Bank Ready” and easy to implement. In addition, the Pay As You Go model (SaaS) allows for limited financial commitment.

For Large Corporations

Many of the world’s largest corporates use the Coprocess netting solution and have been for many years. Not only do they choose Coprocess, but they stay with Coprocess (click here to view some of our clients).

The system is able to interface with all the major ERP systems commonly found, including but not limited to SAP, Oracle, Peoplesoft etc.

The system can handle volume be that number of users, number of invoices or number of entities. Our largest customer settles over 100,000 invoice per month and has more than 1000 user logins per day.

Our scalable infrastructure allows the system to be scaled up to fit any increasing load.

Our global support team offers a multilingual support service covering a 20 hour window.

For Small / Mid Cap

Increasingly we see smaller companies running our solution, both for multilateral netting and for intercompany reconciliation. Our bread and butter customer today might have only 20 -30 entities and a handful of currencies.

Cost savings from a multilateral netting system can start from as little as $10M of Intercompany per month and there are a huge number of companies in this category.

The Coprocess hosted platform makes implementation of the system straightforward. There is no involvement of IT on the client side. No installation of hardware or software either at client or at Coprocess. The system is Ready-To-Go. We can have a new client up and running in weeks.

The modern intuitive User Interface enables Subsidiary users to run and use the system without the need for personalized training although we do offer webinar training for both multilateral netting center and subsidiaries if required.

For Corporate Accounting

The Coprocess solution allows for the upload for both Accounts Payable (AP) AND Accounts Receivable (AR) items and the automatic intercompany matching according to rules set in the configuration of the system by the administrator, this combined with the ability to dialogue and dispute individual invoices (with an automatic email notification being sent to the counterparty) enables the system to really start to clean up the intercompany. Clearly if the system is Receivable Driven then payment discipline is enforced. In addition the new Intercompany Reconciliation module allows the corporate to perform a true month end reconciliation of ALL AR and AP items separated from the normal netting process.

All these are of tremendous benefit to Corporate Accounting.

For Treasury

The benefits for treasury of a netting system are clear and well documented: Savings, Structure and Discipline. Yet many treasurers overlook these fundamental benefits.

The level of functionality most treasurers expect from their netting system

They fall into 2 fundamental categories:

I run netting. It works and I don’t see the need for change.

In this case the question to ask is:

Does your mobile phone look like this?

I don’t run netting and I don’t see the need to start.

Do you indeed have a mobile phone?

Change is a process we must go through to improve.

For Consultants

Coprocess has been recommended very successfully by many consultants who can see the obvious benefit of a system that is simple to implement and whose ROI is a matter of months.

The ability to plug and play into any corporate environment and the speed with which the system can be implemented make it an attractive solution for corporate and consultant alike.

For Outsourcers

Coprocess can make available our software to outsourcers to allow them to run AND administer the multilateral netting on behalf of their corporate customers. If this is of interest please contact us.

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+41 22 311 1383

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Europe & Asia
+41 22 311 1383

+1 888 279 2466

or click here

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