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Settlement processing for reporting and accounting the executed and reconciled transactions, orders, replenishments, counting and stock positions into a (sub) GL of a bank. Integration with the bank system using standard exchange formats. The settlement process is directly related to the cash book entries applicable to the cash transactions, stock movements and billing data e.g. buy, sell, delivery, and receipt of consignments. Settlement covers all executed cash movements to be administrated (and reported) into the holdings of the owner (e.g. bank, customer) and the physical location where these holdings are located. This provides a clear view for the Cash Manager to take the correct decision on the optimization and availability. Only exceptions through the reconciliation are to be managed separately. An extension of the latter is that these settlements are administrated into the central cash book and can be directly reported into GL holdings, even though these are outsourced and decentralized services. The Accounting Management - Settlement module uses standard protocols for direct entry into bank systems.

Module input

- Settings
- Data from Reconciliation, Stock Management, and Billing modules

Module output

- Settlement information - Bank (sub) GL data files

Jair Larrauri

Business Development

Get in touch with Jair. Or schedule call with him directly.


Tbilisi, Georgia | 13-05-2019

The Cash Cycle Seminar offers insights and strategies to help your organization implement solutions and best practices shared by peers, many focusing on reducing the cost of cash within the commercial organizations’ cash cycle. Learn more about streamlining processes and improving efficiencies to maintain a competitive edge – relevant topics will be discussed that are impacting […]

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Vienna, Austria | 19-05-2019

The conference will debate the theme “A bright future for cash“. Split into several panels ESTA will challenge the theme in a new updated setting with high-level business leaders, academics and regulators. This two day’s event gives opportunity for networking with major players of Cash Management Companies and visiting the nearly 500m2 large exhibition area. New this […]

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