Whats Invoice Netting?
Invoice Netting is a way to manage money. Furthermore, netting is when multiple people offset their invoices without moving money around. This helps businesses save money by reducing debt and making it easier to collect and settle invoices.
How? Sign up to Troc Circle in minutes and manage your accounts with the tip of your finger. We find netting opportunities to offset your accounts payable and receivable for 10 times faster processes.
GET RID OF DEBT, WHILE COLLECTING 10 TIMES FASTER
Upload your inbound and outbound invoices to the system. Automate all the extraction and posting process through our API integrations to major ERP systems.
Whenever somebody claims money from you via an invoice - you have to confirm it first.
Our smart algorithm will find the best invoice netting proposition. Customize netting search parameters to match your accounting policy.
We'll track and save all netting deals in your private ledger. Just like a bank statement, you can access and download netting statements at all times.
SAVE MONEY, BE EFFICIENT
ALWAYS ON YOUR DEVICE
Start saving money on the go. With Troc Circle, there is no more need for heavy accounts receivable and payable teams. All we need is that you upload your invoices to Troc Circle, and we’ll make sure that you get paid. Our work remains in the background, so the only things that you will notice are your savings and a healthier cash flow.
THE UNIVERSAL NETTING PLATFORM
By helping businesses to get paid through the netting of invoices and at the currency live market rate, Troc Circle removes blocked loops in the economic system. As a result, it returns control over cash flow and capacity to match expenses on time, cancels the FX fees while it prevents delays in business development and penalties or other extra costs that come with business loans or factoring invoices.
In effect, Troc Circle relieves financial stress & pressure from (business) relationships.
LEARN MORE ABOUT TROC CIRCLE AND HOW WE CAN IMPROVE YOUR FINANCES
Benefits of universal netting
Research the ins and outs of our algorithm and see for yourself what we can do for you.
UNIVERSAL NETTING SOLUTION
MEET THE TEAMUsecases
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.