ACCOUNTING AND SETTLEMENTS
CTRMCloud's back-office is fully integrated and updated in real-time as trades and schedules are added and changed.
With CTRMCloud companies can generate invoices (both provisional and final), update payables and receivables, manage accruals, monitor cash flows, and post entries for P&L reconciliation.
CTRMCloud can integrate seamlessly with other treasury and accounting systems such as SAP, MS Dynamics, Oracle and more.
Automating the end-to-end transaction process removes manual inefficiencies and enables companies to ward off potentially disastrous consequences of human errors.
With CTRMCloud, you can track secondary costs such as premiums, fees and transportation.
It will also produce provisional and final invoicing and manage pre-payments and split payments from different entities or accounts.
And electronic and fax trade confirmations are automated.
CTRMCloud is completely integrated with most market exchanges including CME, ICE, Nodal Exchange allowing exchange trades to flow directly into the system.
CTRMCloud Broker Reconciliation tools allow users to identify any errors early on in pricing, trade processing including closeouts and expiries, and broker commissions. This timely reconciliation process contributes to accuracy in margin call payments and profit and loss calculations . Reports are documented and archived for future investigation