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Real time data entry and visibility for all users over the Internet |
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Payables-based, receivables-based, or mixed mode for intercompany receivables and third party
payables - all modes are available. Input data in a low volume environment, or upload directly from
your ERP or other accounting system for high-volume netting. Single-entry and dual approval modes are both
available according to your preferences and resources.
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Fully customizable data interfaces and reporting |
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Interfacing to your ERP or other treasury systems is a standard feature of any new netting implementation.
If we don't already have exactly the exact interface or reports you need, we will build and integrate it into your platform
free of charge.
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Comprehensive security |
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Designed from the outset to be run over the Internet using the SaaS model, comprehensive security
mechanisms built into the EuroNetting application and our delivery sites have been audited and
approved by two leading banks.
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A wide variety of netting modes |
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In addition to the classic netting mode using the final traded rates, we offer a variety of
FX spread modes or netting using predefined book rates.
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Flexible functional and participant-based user roles |
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EuroNetting uses a classic role-based functional privilege mechanism to control each user's access
to the netting platform; use the predefined roles in EuroNetting, or create completely new roles tailored
to your individual requirements.
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Integrated dispute management features |
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An optional dispute management module allows your users to dispute, track and resolve disputed invoices
through the netting platform. Disputed items can be optionally excluded from the net and carried forward
into the next cycle.
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Optional invoice matching and reconcilement |
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Use the available matching module to reconcile data coming from both ends of the invoice, and then
transfer agreed items into the netting calculations.
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Multiple ways to integrate currency hedging |
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Incorporating hedge trades resulting from an exposure forecasting and analysis process is
often an integral component of a netting operation. For currency exposure analysis and FX management,
we recommend FXpress.
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Comprehensive payment factory |
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Use EuroNetting as a centralized payment factory responsible for collecting, authorizing and releasing
payments to third parties, then charge back the payment cost in local currency to your participants. Extend
the benefits of your netting system by centralizing and offsetting currency conversions taking
place throughout the company.
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Inhouse balance tracking |
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Post non-settled balances to intercompany accounts, carry account balances forward and accrue interest on
outstanding balances from cycle to cycle.
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