Kyriba Netting (eLearning)

The "Supplementary Certification in Netting" training aims to provide participants with a thorough understanding of Netting management, which involves consolidating multiple payments into a single transaction. This process simplifies and optimizes financial transactions as well as the invoice payment process.

Description

Netting involves aggregating the value of multiple transactions to determine to which counterparty owes to another in a multilateral netting agreement. The objective is to combine multiple payments into a single net payment between counterparties.

Prerequisites

  1. Registrants must be either contractual Kyriba Client, Partner or Employee

  2. Partners must be certified in the Cash Management and Payment modules

Public

This training is open to professionals in the finance, accounting, and treasury departments of organizations, including consultants, accountants, treasury assistants, treasurers, and financial assistants who use a TMS.

Operating Methods

  • Access Modalities and Timeframes

Deployed exclusively through self-training, the sessions follow the participant's pace. The sessions only accommodate the concerned participant.

  • Technical Means

In self-training, access to the Online Learning System (ELMS) is open within 48 hours (labor days) following the participant's registration. The participant's attendance is verified through the logging of connections to the ELMS.

  • Supervision Means

For self-training sessions, the participant has the option to ask questions to the Kyriba Academy team sending an email to kyriba.academy@kyriba.com 

Assessment method

Clients

Upon completion of the training session, the participant will achieve a Statement of Completion by passing all ELMS quizzes and hands on exercises. In addition, participants can undergo a proctored online exam to attain Certification. A minimum score of 75% is required to ensure the participants meet the objectives covered in the training.

Partners

Upon completion of the training session, participants are required to undergo a proctored online exam to attain Certification. A minimum score of 75% is required to ensure the participants meet the objectives covered in the training.

Agenda Content

  • Introduction to the concept of Netting

  • The steps of Netting

  • Configuration of key system elements:

            Importing invoice files

            Generating Netting (compensation) proposals

           Validation of proposals

           Reports

 

Note

Requirements to clients: It is highly recommended to have completed the entire Cash Management and Payment trainings to attend this training under the best conditions.

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