IHT centralised settlement
IHT uses a centralised settlement scheme to manage and optimise the accounting and the payment transactions between business partners and suppliers of the MHK Group. Harnessing business transactions in a corresponding list and payment requests makes it possible for suppliers as well as business partners to benefit from considerable administrative advantages. IHT operates as a central settlement company and thus enables the business partner to save valuable time and effort.
The centralised settlement scheme guarantees transactions that are perfectly on schedule as well as seamless processes. Savings potentials created by centralised settlement are passed on to the business partners in the shape of attractive purchasing conditions. Besides, due to IHT's credit risk guarantee, suppliers of the MHK Group and outside the MHK Group assign the business partners a blue-chip credit rating also with contract suppliers. Suppliers can be assured that the payment of their receivables from IHT members will be guaranteed.