Faster, cleaner Intercompany close: Netting & settlement done right
Streamlining Intercompany Netting & Settlement with BlackLine
BlackLine’s Intercompany Hub centralizes and automates netting and settlement—tightening controls, reducing FX risk, and improving global visibility across the settlement lifecycle.
Key takeaways
- Centralized workflow & audit trail: Create settlement transactions in one hub with review/hold controls, documentation, certifications, and change history for full traceability.
- Flexible settlement posting: Support direct cash postings to AP sub-ledgers, integrate with Treasury Management Systems for execution (e.g., bank transfers, loan/deposit activity), or remove ERP payment blocks to let existing automations run.
- FX risk management: Generate settlements in appropriate currencies aligned to in-house banking agreements; enable currency conversion for multilateral netting to reduce exposure.
- Real-time confirmations: Ingest cash and non-cash movement data to track open items through the settlement lifecycle.
- Automated reconciliations: Match payments and receipts to surface timing differences and resolve out-of-balance conditions.
- Global standardization & visibility: Drive consistent processes and clear insight into intercompany cash flows across all entities.
Watch the full video to learn how BlackLine + Clearsulting can streamline intercompany netting and settlement across your organization.