basic thinking, from 11.01.2022, 3 min. Reading time
Companies have to take care of their own finances – in addition to their main business. One of the most important questions: Do the accounts work and does the money arrive at the right place? We’ll show you why it’s so important for companies to keep an eye on their finances at all times and how nexnet’s payment clearing supports them in this.
What is payment clearing?
Payment clearing is a way for companies to monitor and record all retail transactions.
In practice, payment clearing is integrated between your end customers, your payment service providers and your banks, ensuring that you are always informed about all money movements, their completeness, due date and correctness.
Payment clearing works like this: it matches all money movements with sales data from your online stores, marketplaces or offline sales channels. Since corporate implementation is time-consuming and requires experience, a silent partner like nexnet is optimal to have all money movements monitored.
Decisive point: nexnet works as a neutral entity and distributes the data and financial flows and takes care of the accounting of companies.
The experts are completely industry-neutral and offer the right solution for every industry.
Example: How payment clearing works in companies
To understand how important payment clearing really is in companies, we will show you an example from nexnet below.
An online store successfully markets its products in Germany. End customers can conveniently pay using established payment methods (direct debit, credit card, etc.). The store would like to expand. More markets means: more payment types, more currencies, more legal entities, each requiring a separate monthly statement.
For these increasing complexities, a neutral entity, such as nexnet, is suitable to manage and monitor all financial and data flows. Because nexnet sees this need in the market and has expertise in all areas. Important: The company is not a bank.
What many companies forget when it comes to financial management: It’s not just about the money, but also about the data.
Financial management with nexnet: More focus on reach, revenue and products
Financial management is of great importance for companies. As a rule, companies have to deploy skilled workers or retrain employees who would otherwise take care of other areas. Depending on the size of the company, this is not conducive to achieving the company’s goals.
For this reason, nexnet supports you in your business. Expert financial management offers you a simple but effective solution for monitoring all data and financial movements.
Due to the servers being located exclusively in Germany, all data is protected. The company attaches particularly great importance to a high level of data protection.
nexnet acts as a neutral partner at your side and enables you to focus again on reach, sales and your products or services. The main goal of nexnet is to secure the financial flows for your company in the background.
As already mentioned, nexnet is completely industry-neutral and offers the optimal solution for every company, from telecommunications to e-commerce to e-mobility. Convince yourself now of the financial management of nexnet.
