MANAGEMENT:
As part of the management process, reconciliation is carried out between
planned account movements and actual movements. This plan / actual comparison
can be done either automatically, i.e. on the basis of value date balance
or amount, or else manually.
The purpose is to show the current and future balances per account, currency
and company.
CLEARING:
Th object of account clearing is to settle balances between different
accounts.
Account clearing can be supported either automatically by entering the
client's own rules, or manually by drag and drop. The resulting account
changes can be transmitted automatically to the respective bank for handling
in DTA, DTE format.
POOLING:
Within a group of companies, there are many possibilities for simplifying
short-term financing in particular and for achieving sustained efficiency
improvements. By centralizing all payment resources in a cash pool, the
group companies are provided with a simple instrument for equaling out
short-term liquidity peak. This allows the deposit or raising of money
at unattractive current account interest rates to be reduced to a minimum.
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