This is how clearing pays off for you

Clearing from nexnet

Process data and financial transactions efficiently

Process optimization with clearing from nexnet

Clearing is the mutual offsetting and netting of receivables and payables between many counterparties. If data streams are added, things get complex. If the business processes are running in B2B2x, they need a platform with a strong performance.

The secure and fast solution for your data and financial transaction monitoring is available with nexnet!

We permanently inform you about all data and money movements, their completeness, due date and correctness. The differentiated process flows are controlled via our software-based system. And we take care of automated billing, individual invoice generation and payment control for your clientele.

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At a glance

The clearing process in detail

Der Clearing-Prozess bei nexnet im Detail

Efficient payment clearing

All financial transactions at a glance

Efficient management of all transactions

Switch to Payment Clearing from nexnet

With our payment clearing solution, you simplify your online store right down to the sub-ledger of accounts receivable management. And with our automated accounting and financial processes, we offer you the correct accounting recording of all business transactions for every purchase transaction and for every buyer.

Service Payment Provider

Always the right payment method at hand

The choice and number of payment options in an online store has an enormous impact on conversion. nexnet therefore offers a wide range of payment service providers already as standard.

Questions and answers

What you always wanted to know about clearing

What is meant by clearing in finance and accounting?

Clearing is the name for an important process in finance and accounting. This involves the mutual offsetting and netting of receivables and payables between business partners.

There are several options for clearing:

  • Internal clearing (in-house payments): Here, clearing takes place between branches of a bank or within a group of institutions (e.g. in the credit bank, savings bank or cooperative sector).
  • bilateral exchange: in this case, two credit institutions are involved and settlement usually takes place via central bank accounts.
  • Offsetting and netting: This can also be done via clearing systems.

What is a clearing process?

In the clearing process, information, data and funds can be exchanged between counterparties.

The clearing process includes:

  • Buying and selling parties: This refers to those who initiated the trade.
  • Clearing house (also called clearing office): This refers to a company which, on the basis of a contract, centrally settles the payment or securities transactions of the affiliated institutions and members.

What tasks does the clearinghouse perform during the clearing process?

The monitoring and settlement of trades between buying and selling parties is handled by the clearing house.

Through the clearing house, there is risk protection during the clearing process. This is because it guarantees the mutual fulfillment and execution of the contract.

It also monitors that all parties comply with applicable regulations and rules.

The clearing house may also handle the processing of payments and settlements related to the trade transactions.

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