On Optimizing Payments Clearance Business Process - An Evolutional Approach

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Provided by: Tallgrass Publishers, LLC
Topic: Big Data
Format: PDF
The payments clearance business process, also known as netting, is an important component of the group business activities especially in the modern world, when concerns includes hundreds of companies integrated by common business activities into a net of chains, but located in different countries and so operating using different currencies, laws or business environments. The payments clearance can be viewed as a purely NP complete optimization task objects of which are the number of payments and the overall amount to be transferred or as a dynamic business process which should be monitored and tuned on the constant basis rather than designed and executed only once planning it.
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