Coprocess S.A.

Allgemeine Informationen

Coprocess has experience.
Our multilateral netting system is in use with more than 100 clients. From small companies to the world’s largest in their field. Every client runs multilateral netting in a different way and we take the time to understand what you do now and how we can make it better.

Coprocess only does netting.
It is in everything we do, it is all we do! Over more than 20 years we have had conversations with many, many corporate clients like you and we have expert knowledge in intercompany settlement. We eat, sleep and breathe netting from design to development, from testing to QA, from implementation to support.

The netting system does what you need.
The system can be configured to run in the way you need. Not just what is adequate but what your company needs in order to fix any intercompany settlement problems. Coprocess multilateral netting reduces risk, promotes settlement and makes big savings. This means getting down to the detail level in your company. Looking at the intercompany payables and receivables, extracting information from the company ERP systems, providing a single platform across your company to help resolve invoice and transaction issues through a discussion and dispute management process, matching, settling the Intercompany and providing feeds back to the ERP to help resolve the issues (every company has them)

Coprocess is the world’s largest netting system supplier, based in Geneva, Switzerland, servicing banks and the treasury department of many major corporations (ABB, Continental, BASF and Nestle to name a few) since 1990,.

Coprocess offers:

✓ Multilateral Netting. A browser-based corporate netting system that today offers links to ERP Accounts Payable and Accounts Receivable with automated matching on an invoice-level, on-line counterparty approval, to help the business units resolve intercompany settlement issues and close books faster, a simple process for Treasury to gain visibility over intercompany settlement, FX dealing and hedging, settlement via cash or IHB and export of detail transactions for reconciliation and booking.

✓ Month End Reconciliation. Go beyond settlement to benefit from the matching of all intercompany payables and receivables, not just those that need to settle. Finally move away from the month end spreadsheet shuffle, achieve a faster close and have more faith in the P&L and Balance Sheet numbers. Better still, spend less time getting there.

✓ Vendor Payments. A centrailsed 3rd party bulk payment system, linking to your banks, in your countries and with your choice of payment method.

The multilateral system is a key element in the whole corporate treasury settlement process whether in-house or using the Coprocess hosting service, whether inter-company or including third party payments, allowing for substantial savings in time and money.

What Coprocess will provide:

✓ Pre-sales consulting. We have a team of 10 people and talk to companies like yours every day about netting, see the profiles of the Coprocess Sales and Consulting team.

✓ Implementation. We develop a tailor made implementation plan and conduct the level of training you need to ensure a smooth implementation.

✓ Hosting. The SaaS solution is perfect for multilateral netting. We provide a shared environment that is designed specifically for the needs of netting clients, that is expandable to meet increasing numbers of clients and secure with controls and external verification of the environment. Read more about why Coprocess Hosting could be right for you.

✓ Support. As individual as you are our expert staff will answer the phone if you ring the Geveva office, reply in a timely way to your emails, usually within two hours and most problems and queries can be addressed in that time. See what are clients are saying about Coprocess Support.

✓ Development. We are continually improving the system by incorporating features suggested by our clients in an ever changing and responsive way. Read more about the Coprocess System and the design behind it.