In 1770, the banks in London got tired of paying gross transfer payments to each other. They must have realised they were in a closed group, hence they asked themselves why pay the full transfer payments to other banks, only to get payments back from those same banks. So every period they would meet in a pub and figure out who owed who, and worked out the 'net' amount each bank owed the others. This saved themselves cash, which rather than paying other banks, could be used to create more profit. Clearing was born, and banks still use this system and could not possibly operate without it based on the $billions of transfer payments each day.
So ActiveClearing takes this same 250 year old process and brings it to ordinary businesses such as yours. Consider us as the pub back in 1770.
We have 2 functions: a) identify the suppliers/customers you are connected to (both directly and indirectly), and b) calculate the net payments behind all participants within your connected group.
The cash-flow savings can be considerable, depending on the connections. This frees your cash, so rather than pay/receive the gross amounts, you will only pay/receive the net amounts. The difference between gross and net can now be used to grow your business. You can use it to get into that new market, or buy that 3rd delivery van, or hire that 2nd salesperson, or buy those radio ads/time.
Once you experience the benefits of paying your accounts via ActiveClearing, you will never want to go back to paying gross. And most the powerful feature is that the more businesses on the ActiveClearing network, the more cash-flow reductions you and everyone else have. It's the ultimate network effect.
So contact us and let us see if we can help you.
Company Details
- Employees
- 1
- Founded
- -
- Address
- Sydney, Nsw 2000, Au
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- https://activeclearing.net
- Keywords
- payments, clearing, optimised payments, cash-flow.
- HQ
- Sydney, NSW
- Competitors
- Clearitt | Don't pay it, clear it.
Activeclearing Questions
Activeclearing's website is https://activeclearing.net
Activeclearing's LinkedIn profile is https://au.linkedin.com/company/activeclearing
Activeclearing has
1 employees.
View email and phone details for 1
employees at Activeclearing.
Activeclearing's industry is
Financial Services
Activeclearing's top competitors are
Clearitt | Don't Pay It, Clear It.
Activeclearing's categories are Financial Services
Activeclearing's founding year is 2023
