4 Primary Modules
9. In-House Banking/Payment Factory/Netting
The GTreasury In-House module allows legal entities within an organization to have in-house accounts with other entities. This is typically used for subsidiaries to have in-house accounts with their regional treasury and for regional treasuries to have in-house accounts with the central treasury. These in-house accounts are used for the settlement of:
- Financial inter-company transactions
- Commercial inter-company payables and receivables
- Commercial or financial payments one legal entity is making on behalf of another legal entity
- Mirror cash concentration transactions between legal entities (e.g. zero balance sweeps)
The GTreasury Payment Factory module allows the centralization of payments within an organization to a single platform. Regardless of which system the payments originate from, or what bank the payment files are directed to, all payments flow through one central application.
