Coprocess SA have launched Version 3 of their netting system. This new version adds a Reconciliation Module on to the existing netting platform to allow corporates to use the system both for Intercompany Netting and for Month End Reconciliation.

Because the Coprocess netting system already allowed for the upload of intercompany AP and AR items directly from the ERP and the automatic matching, it was a relatively simple and logical step to make this work for all open intercompany items on the sub ledgers not just those that were going to be settled in the netting.