For groups of companies with extensive internal invoicing, it may be worthwhile using a netting process, which is a method of offsetting receivables and payables that frees up capital and reduces currency risks. In collaboration with SKF, OpusCapita has just succeeded in creating a new, modern solution with an emphasis on flexibility and user-friendliness.
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OpusCapitas new web-based software solution – OpusCapita Netting – helps you improve your company’s payments processes. Process both internal and external payments of your group efficiently. The results? Reduced numbers of payments and decreased foreign exchange and transfer costs.
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On 1 April 2008, Bankgirocentralen (BGC) launched a new file encryption key designed to protect files from unauthorised modification during transfer to BGC. OpusCapita’s software now supports the new HMAC format, which replaces the previous MAA format. Anyone who makes bankgiro payments to BGC is probably familiar with the expression “seal generation algorithms”, which are also called “keys”. These keys are used to prevent the decryption of files during transfer to BGC. Last year saw the launch of the HMAC key, which provides greater protection from modification as well as increased security.
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OpusCapita’s popular user meeting – OpusCapita Finance Club – will be held in Stockholm on the 3rd of September. The Finance Club is the place to be for any OpusCapita user who wants to learn more about cash and treasury management and the OpusCapita software. Meet trade colleagues – and don’t miss the opportunity to affect the future of our software and its features. The user meeting consists of customer workshops, tips from experts, and presentations – all free of charge.
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| Lately, I have been a bit surprised of the large interest that our new netting solution has met, even though we have only just begun to talk about it and show it. The ability to take control of internal flows, reduce transaction costs and find a good support for the process of accepting internal invoices seem to be conclusive. That is of course something to be delighted about. Every day we are busy with our daily routines, the work we need to do and deliver, with tight deadlines. But at the same time we need to be strategic, look at new solutions for operations. In this issue of OpusCapita Express you can read about how SKF have implemented their new netting software. It is interesting to hear how they look at the project that our companies worked with during most of last year. More information about other recent projects you will find on the OpusCapita Journal magazine, which will be sent to you within a couple of weeks. Wishing you an inspiring spring! 
Mona Henriksson
Regional Director Scandinavia
mona.henriksson@opuscapita.com
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