ActiveClearing is an old idea. 250 years old to be accurate. In 1770, banks in London decided to get together in a pub and would deposit the cheques in each bank's box, tally them all up, and pay one another only the 'net' amount. They realised that paying out (say) $1,000 and getting back $800 was inefficient, instead of just paying the $200 'net' amount. And they did this because they understood the financial connection that they all had within the same System. It was a connected group and they could change the way they did business because of that connection. They created clearing. And today banks still use clearing, and could not possibly operate without it considering the $billions transferred every day.

Well, Australian businesses have a supplier/customer connection with each other, and they are all connected to each other at some level, so the same rules can apply. ActiveClearing is a clearinghouse, exactly the same as the pub in London. We identify the connections you have with other businesses, and optimise the payment transfers between them all based on those connections. This is why our vision statement is: Connected Payments.

However, Connected Payments is a slight misnomer. Because ActiveClearing uses connections to eliminate payments. It frees up cash-flow. The bank paying out $1,000 and getting back $800, doesn't need to use $1,000 of its valuable cash to pay it's accounts. No, under clearing, it uses only $200 of its cash. The other $800? Well, it can use this money to lend-out to actual customers and make profit. This is why ActiveClearing is so powerful. It uses your own business connections to reduce the cash-flow required to run your business so you can use that cash to: hire that 2nd programmer, buy that 3rd delivery van you've always wanted, buy that additional piece of machinery, advertise more, etc etc. It allows you to use your cash on-hand to grow your business, rather than paying bills. The banks could not operate without clearing, and ActiveClearing brings this to ordinary businesses.

The beauty of ActiveClearing is that everyone gets paid exactly the same as they always did, except that it just takes a lot less cash-flow to do it all. Magic? The banks don't think so. For them it's business as usual.

So ActiveClearing is about connections. And we need to understand your connections. If Comp A has a supplier Comp B who has a supplier Comp C who has the original Comp A as a supplier (A -> B -> C -> A) then we have found a relationship chain. Then ActiveClearing can work-out the 'net' amount of this loop. Then we can save cash-flow. Everyone in the chain can benefit. And there will be millions of these types of connections to utilise. But this is only the start. Because the more businesses connect, the more connection chains we can find, the more cash-flow savings and less payment hassles for you. So Comp A will want D,E,F to come on, Comp B will want D,G,H to come on, Comp C will want D,I,J, etc (Wow. Comp D is going to get a lot of cash-flow savings!). So please join. One more business joining ActiveClearing is one more potential connection.

And ActiveClearing doesn't create the connections. No, the connections are existing. The network is already in-place. You have those connections now. ActiveClearing just identifies them. Much like at the pub in London in 1770.

We are single-minded. We understand that ActiveClearing brings immense public good. We think bringing this to market is a duty. And it must be done.