Process dynamic multi-tier intercompany activity.
Process dynamic multi-tier intercompany activity, with full control over pricing methods and account entries.
Complex Intercompany accounting
Flexible and
multi-faceted.
Flexibility
Accounting for intercompany value chains is often complex and can stretch the boundaries of standalone ERP systems. Businesses have to either record activity manually, customize the ERP, or perhaps even not implement their desired strategy at all.
Intercompany Cloud is highly flexible and multi-faceted; automating the creation, reconciliation, and settlement of intercompany accounting. Trusted by the world’s largest multinationals, the configurable business rules engine allows complex intercompany value chains and supply chains to be recorded accurately without an army of accountants booking entries.
Complete
control.
Control
Intercompany Cloud delivers more accurate figures, more quickly, with all entries and calculations recorded in the system. You can easily evidence all intercompany activity and painlessly sail through what can otherwise be stressful audits. Customizations and time-consuming manual workarounds are replaced with a system that integrates with your corporate ERP systems and can be reconfigured to deal with changes to business practice and legislation.
Improved Reporting and Compliance
Operational reporting is also improved since business rules and transactional details are retained, allowing data to be integrated into operational and financial reporting. With the solution’s dedicated intercompany subledger, all activity can be recorded and tracked — regardless of source — offering improved visibility and automated settlement.
To accurately record all this activity, Intercompany Cloud produces intercompany invoices — with integration to indirect tax engines — providing compliance and key evidence of both physical and logical intercompany flows.
01
Automate IC value chains
02
Avoid customizations and manual workarounds
03
Control transfer pricing at the transaction level
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