Multilateral Netting and Inter-Company Reconciliation
The netting and reconciliation module in tm5 lets you benefit from an automated, structured, and fair reconciliation process. tm5 supports receivables-driven netting, payables-driven netting, and BELLIN’s best-in-class combination of the two: agreement-driven netting. Confirm all invoices before they are settled, and reconcile multiple transactions into a single balance per subsidiary – making you more efficient by reducing the number of payments and minimizing FX risk. Benefit from automated invoice matching, balance reconciliation, and an organized dispute management. Invoices from subsidiaries in countries that do not allow netting can be matched using virtual netting.
MS SQL Server