Multilateral netting

All functionalities of a modern multilateral netting system for the optimization of intercompany payment flows in the group on a national and international level - such as interfaces for data input/output, detailed interactive reconciliation processes and control mechanisms, automatic determination of net payments, settlement by the netting center, download for posting with open item settlement, etc. - are offered in our netting system
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Specifically, ATAQ Netting enables

Input (upload, manual) of all relevant individual receipts directly by the participating companies or netting centre via client-server, Citrix/terminal server.
Variable settlement cycles with definable schedules for entry, reconciliation, settlement and closing phases, controllable by the netting center.
Filter techniques, differentiated control and coordination mechanisms.
Communication windows make it easier for netting participants to reconcile their mutual receivables/payables, especially in disputed cases for dispute management. If desired, this can also be combined with SAP Dispute Management in SAP ERP.
Streamline workflows with clearly structured workflows for participants and the netting center.
Automatic bundling and settlement of the total receivables/payables in one cash flow amount per netting participant and period, generation/download of posting information (document level) for automatic posting of settled receivables/payables and clearing of open items.
Full integration with ATAQ eBooking & ERP systems, e.g. SAP RFC connection with automatic clearing of customer/vendor items.
Functionalities such as cycle management, billing, closing coordination etc. are available for the netting center.

Multilateral netting

Specifically, ATAQ Netting enables

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