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Web applications

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COPROCESS SA

Switzerland

Founded in 1991, Coprocess is the world’s largest provider of intercompany netting solutions, now owned by GTreasury, with over 175 corporate clients including ABB, Continental, Motorola Solutions, Nestle, Sanofi and Universal Music. Coprocess allows both multilateral and bilateral netting. Linking to AP and AR, it offers invoice level matching, on-line counterparty approval and dispute management, month end reconciliation and centralized vendor payments, all integrated and accessed via a standard browser over the internet. The system is a key element in the corporate treasury settlement and intercompany reconciliation process and gives the customer visibility over intercompany flows while saving substantial time and money. Netting is an excellent method of bringing discipline to intercompany settlement. Implemented just on its own it can save substantial sums by centralising FX into Treasury, bulking up FX deals and hence getting better rates. There is an improvement in cash management and working capital, reduced exposures in the banking system, fewer settlements, better forecasting, the opportunity to save substantial sums on invoice processing costs, reduce time and effort in the month end reconciliation process, eliminate overdues and clean up intercompany. The improved process has a positive impact on the accuracy of the numbers in the P&L and Balance Sheet. The netting system can also provide the detail information sometimes lost in the consolidation system.

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Intercompany Reconciliation

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HIGH-TECH BRIDGE

Switzerland

Since 2007, High-Tech Bridge provides companies from over 40 countries with award-winning web application security, vendor-independent security auditing and risk management consulting. High-Tech Bridge's strategic partnership with PwC and the award-winning web security platform ImmuniWeb® provides companies of all sizes with the most sophisticated on-demand and continuous web application security testing, continuous monitoring and PCI compliance. ImmuniWeb simplicity allows anyone, regardless his or her technical background and skills, to order and manage the most sophisticated website security assessment in few minutes from a PC or mobile device. Web penetration testing, managed vulnerability scanning and vulnerability management platform are available 24/7 worldwide. With ImmuniWeb website security becomes affordable and available to companies of all sizes, enabling them to protect websites and web applications with just few clicks.

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