FXpert IC Netting

An online tool created by GPS to mitigate FX exposures and reduce international payments all on one portal.

Companies face more FX related challenges today than ever before due to multiple global entities and business in various functional currencies. GPS reduces these challenges by netting your intercompany receivables and payables together so each entity only pays or receives one settlement per period in its local currency.

FXpert IC Netting can:

• Gain efficiencies and obtain complete global visibility
• Save time by significantly reducing intercompany settlement
• Customize user settings to best serve your company
• Access detailed reporting corporate and subsidiary views
• Save money by greatly reducing FX volumes and transactions
• Utilize easily and securely

Automate Your Intercompany Payments with FXpert

Payables may be uploaded directly from your ERP system or entered directly to the FXpert system. The payments are automatically netted together, which reduces the number of transactions and volume in the market. The same competitive GPS exchange rate is assigned to each payment with like currencies to create uniformity and regain control of the FX cost.

Access to Detailed Reporting

With GPS, performing international payments is simple. GPS clients can view reports in a common currency, by corporation or individual entity. Reports are customizable to meet your needs and contain the ability to upload back to your accounting systems.

Partner with GPS

When you log into our FXpert system, you are in control of your foreign exchange. We partner with you to help you through the FX process and put our systems to work for your company. Net subsidiaries' obligations to each other using FXpert to reduce the number of transactions between entities while minimizing the risk.