Campfire maintains a real-time view of all intercompany receivables and payables across your group. Every transaction between entities automatically updates the corresponding due-to and due-from positions, giving treasury and finance teams a single source of truth for intercompany balances. This eliminates the need to manually reconcile positions between separate ledgers or rely on spreadsheet-based tracking.
Rather than settling each intercompany invoice individually, Campfire supports multilateral netting that offsets balances across entities and calculates the minimum number of payments required. This significantly reduces payment volumes, lowers bank fees, and minimises foreign exchange exposure. Netting runs can be scheduled or triggered on demand to align with your treasury operations.
Once netting is complete, Campfire generates settlement instructions and records the corresponding journal entries automatically. Each settlement is fully documented with a clear link back to the original invoices and netting calculations. This end-to-end automation reduces manual effort, accelerates the close process, and ensures that intercompany balances are always current and audit-ready.
Why Campfire Stands Out
