

Circular Netting
With Loop ERP Netting, you can:
Every offset stays tied to the tickets, orders, and invoices behind it.
Netting keeps two-way partner relationships simple, so you move less cash and spend less time reconciling while every original transaction stays on the record.

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Frequently Asked Questions
Yes. Loop ERP is built on NetSuite, the same platform used by enterprise operators, multi-site businesses, and high-volume processors. It handles multi-entity accounting, consolidated reporting across locations, high daily transaction volumes, and complex settlement structures without slowing down. If you are running one site today and five next year, you do not need to replatform to keep up.
Implementation time varies, depending on the number of locations, material streams, and integrations involved (scales, cameras, payment processors, third-party logistics). The Loop ERP team handles data migration, workflow configuration, integration, and training in parallel, and we work directly with your operations leads, not just IT, so the system matches how your business actually runs on day one.
Loop ERP provides implementation support, training for operations and finance teams, and ongoing technical support after go-live. Clients get access to documentation, how-to guides, and direct consultation with our team for troubleshooting, configuration changes, and new workflow setup. Support is handled by people who understand the difference between a ticketing issue and a grading exception, not a generic help desk working from a script.
Loop ERP runs on Oracle NetSuite, so your data lives inside enterprise cloud infrastructure with encryption in transit and at rest, role-based access, and audit logging on every transaction. Ticket edits, grade changes, and settlement adjustments all carry a user stamp and timestamp. If a record is overridden or reclassified, you can see who did it and when, which matters for disputes, audits, and internal controls.
When a partner is both a supplier and a customer, Loop ERP matches what you owe them, such as vendor bills from inbound tickets, against what they owe you on open invoices. The offset is applied and only the difference is paid or collected. The original bills and invoices stay on the books, each linked to the netting entry that cleared it.
Yes. The Pay Multiple Inbound Tickets screen lets you select a supplier's open tickets and pay them in one step instead of one by one. When that supplier also buys material from you, netting reduces the payment to the balance left after what they owe you, and each ticket stays linked to the payment.
No. Netting does not replace or delete the underlying transactions. Purchases, sales, bills, and invoices are still recorded in NetSuite at their full amounts. Netting reduces the cash that moves to the net balance and clears the matched AP and AR, with a logged entry that references each original record. Auditors can trace every net payment back to its sources.
Yes. Beyond AP and AR, Loop ERP can net returns against replacement orders, net recovered components against the returns they came from, and offset quantities across warehouses or divisions instead of shipping material back and forth. It can also point out where surplus or obsolete stock at one location could cover demand somewhere else.