Get intercompany settlements under control

Salmon Treasurer features a dedicated Intercompany Multi-lateral Netting module with the ability to setup multiple netting centres and assign participants as well as defining settlement currencies, settlement types per participant such as cash or non-cash settlements and include default settlement accounts. Intercompany transactions, such as intercompany invoices can be imported automatically from any source required such as ERPs and the Netting module then provides a multi-step workflow for approvals including dispute resolution with threaded narrative for participants to comment and respond to disputes.

Once approved, the system nets the required transactions and derives the net settlements required for each participant in their defined settlement currency. A full history is maintained of each transaction included in the resulting net settlement which can be easily reported on and viewed. The FX rates used in the netting process can be defined from any of the rate tables in the system, meaning that market rates or specific intercompany/netting rates can be used.

The resulting net settlements can be processed for payment like any other settlement in the system in the cash of cash settlements and can effect the intercompany position in the cash of non-cash settlements.