Simplify Your Intercompany Accounting Process
Intercompany accounting is one of the most complex processes a global office of finance can undergo, and sadly, it’s not typically managed with the right tools and risk-reducing control it needs.
On paper, the intercompany process of creating an invoice workflow, booking journal entries and reconciling activities sounds simple. However, due to the manual approach that most companies use to manage this process, a lack of visibility and a disconnected workflow can quickly introduce financial risk into the balance sheet especially when it comes to consolidating financial results for the group.
To learn more, about how an automated solution can provide an unprecedented level of clarity into cross-company transactions, download our info sheet.