Starhome Mach’s Financial Clearing solution guarantees transparency and traceability for all transactions through integration with the Starhome Mach’s Business Management solution (Unity). This provides a clear, actionable view of each stage of the clearing and settlement process, including easy approval or rejection of invoices, credits/debits notes, and payments. The actions of the clearing house are also transparent to the operator providing clarity on invoice and debt chasing as well as dispute resolution.
Cross-cycle netting optimizes payments between carriers, balancing receipts and payments over time. A simplification of the funding process means that operators maintain complete control of their cash throughout the payment process.
Traditionally a hidden cost for operators, we have introduced a transparent foreign exchange rate mechanism which also gives true visibility of the currency spread involved in any transaction, providing assurance on currency costs for operators.
Operating at group and individual operator level the solution provides complete coverage of the Financial Clearing and Settlement process.
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