AFP Multilateral Netting Promotion

Own Your Cash Flow with Multilateral Intercompany Netting

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Time is money and our clients are saving both. BELLIN clients save an average of two days per month of workload per subsidiary and save $250,000 to +$1,000,000 annually. Find out how netting can benefit your company with invoice tracking, invoice matching, compliance, centralized FX risk, cash allocation and reduced bank fees.

Stop by the BELLIN Booth at AFP 2018 to find out more about the limited-time promotion for our Multilateral Intercompany Netting solution.

 

Special AFP promotion

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Netting starting at $1,999 $1,199 (40% off) a month – implementation and support included!

Let’s Chat!

Interested in learning more about our limited time AFP Multilateral Netting Promotion? Great! We would love to touch base and discover how we can help you.

By submitting this form, you consent to us using your data to process your request. You can find more detailed information in our privacy policy.

So how does netting work?

Well, rather than each company settling their invoices bilaterally, an in-house clearing center or “Netting Center” is established. All outstanding invoices are reported to the Netting Center and settled on a pre-defined schedule: companies with net receivables are paid by the Netting Center, while the Netting Center collects funds from companies with net payables.

What are the benefits?
  • Process automation: time spent on tracking, reconciling, and settling of intercompany invoices is drastically reduced allowing the business to focus on operations.
  • Better cash management: surplus or shortages in cash across the business can be precisely predicted due to one settlement day per month. For the rest of the month, cash can be put to work instead of moving from one business to another all month long.
  • Bank fees are reduced as the number of payments and currency conversion costs drastically fall
  • Foreign exchange management is centralized allowing the netting center to negotiate more competitive FX rates leading to a further reduction in bank charges and FX margins
  • Compliance through transparency: what happens if a business doesn’t pay an outstanding invoice? To tax authorities, that constitutes an intercompany loan which without netting can easily slip through the cracks. Netting facilitates intercompany refinancing and prevents negative tax implications.

 

Is multilateral netting for your organization? Easy to find out!
  • Are there more than five affiliated companies in your organization that buy or sell products/services from each other?
  • Do the businesses have a clear overview of all intercompany invoices at any given time?
  • Are you positive the business doesn’t spend more time reconciling intercompany payments than it has to? Are there disputes over invoices between the companies?

If you answer one or more question with NO, the introduction of multilateral netting may add tremendous value to your organization.

Let’s get in touch!

Interested in learning more about our solutions? That’s great.
Because we’d like to learn more about you. So give us a shout.

By submitting this form, you consent to us using your data to process your request. You can find more detailed information in our privacy policy.