Finance & Settlements
In the circular economy, financial processes are anything but linear. You buy, sell, recover, refurbish, and resell—often with the same partners playing multiple roles. Materials return. Values change. Credits, offsets, and revaluations happen constantly. Traditional ERP systems struggle with this. LoopERP’s Finance & Settlements feature function is built to match the circular movement of goods with equally dynamic financial logic.
From automated credit issuance and netting to cross-functional settlements and condition-based revaluations, LoopERP ensures that your financial records remain accurate, agile, and audit-ready.
LoopERP’s Finance & Settlements feature streamlines the entire financial lifecycle of circular transactions—from initial invoice generation to credit reconciliation, regrade-based adjustments, and partner settlements. It handles financial complexity created by returns, repairs, disassembly, reuse, and supplier/customer duality—all within a unified accounting framework.
It’s not just accounting—it’s circular finance.
Eliminate manual credit and re-billing processes. Automatically issue financial settlements for returned items, repair credits, refurbished replacements, or parts reallocated from disassembly.
Track and adjust the financial value of inventory based on real-time changes in condition, grade, or marketability—crucial for businesses that refurbish or reclaim goods.
When a partner is both your supplier and your customer, LoopERP can automatically offset transactions to reduce financial friction.
Create invoices and settlements that reflect the true value journey of a product, even when it’s touched by multiple parties or has changed condition multiple times.
Support automated issuance of credit memos, chargebacks, or restocking fees based on return reason codes, SLA breaches, or damage assessments.
Give customers, vendors, and partners real-time access to billing history, credit status, and open disputes—reducing back-office workload and improving transparency.
Every financial transaction—credit, revaluation, offset, refund, or charge—is logged with supporting documentation, timestamps, and user history.
LoopERP’s financial engine integrates directly with your general ledger, subledgers, and financial statements—so your books reflect the true financial impact of circularity.
Finance Designed for Circular Commerce
LoopERP’s financial engine integrates directly with your general ledger, subledgers, and financial statements—so your books reflect the true financial impact of circularity.
LoopERP’s Finance & Settlements feature is designed for fluid value exchange—so your books, your partners, and your processes stay in sync with your purpose.
Whether you're processing thousands of customer returns, managing complex supplier relationships, or revaluing inventory post-repair, LoopERP helps you settle what matters—with clarity, automation, and audit-ready control.
Blogs
September 24, 2025
Webinar: Why Workarounds Are Costing Scrap & Recycling Yards Thousands
September 23, 2025
NetSuite Financial Reporting in the Circular Economy with Loop ERP: Clarity, Control, and Confidence
September 15, 2025
Seeing is Believing: How ERP Camera Integrations Transform Operations
