ENABLING FASTER GROWTH
WITH A UNIQUE OFFERING
Traditional multilateral netting
Closed to a group
Scheduled netting (daily or monthly)
Limited to a single ERP or accounting system (usually set up on the business' local servers)
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Netting average less than 3% of invoices
Troc Circle universal netting
Open to all (KYB handled by Troc Circle)
Instant netting (while keeping control of invoices at all times)
Cloud-based and Integrates with all ERP and accounting systems (That can be connected online)
Integrated supply chain financing (chain netting)
Netting average more than 70% of invoices
IS YOUR BUSINESS NET READY ?
Netting refers to the offsetting of receivables and payables between parties to reduce the gross amount that needs to be settled between them. Shortly: offsetting invoices between multiple parties without moving money.
Troc Circle is particularly suitable for businesses that have many transactions with other businesses.
Yes, Troc Circle can be integrated with your ERP or accounting software. This will enable us to extract and use the invoice data to offer netting deals. New ERP / accounting softwares are added regularly. Also, you can contact our team and request to develop an API connection to your accounting system in order to automate the data exchange between Troc Circle and your accounting system.
Troc Circle would require a recipient unique ID (company TAX ID or email address), the invoice due amount, currency and due date only.
Troc Circle is free for small businesses and starters who wish to test our solution. Once you start having an important netting volume, you can select a plan that best fits your needs.
Through the contact form send us a message or email us directly on the following email: info@troccircle.com.
Businesses can get started with Troc Circle by registering on the platform and following the instructions provided to start using it. You can also download our iOS and Android app.