Centralize global activity for intercompany operations.
Enable your shared service center team members to view and transact on activity for all legal entities from a single tool.
Intercompany Shared Service Center
Achieve valuable
economies.
Cohesion
The Intercompany Cloud shared service center model not only standardizes business processes globally, but enables you to achieve valuable economies of scale.
It enables you to put an end to the complexities of having numerous legal entities and business units carry out identical functions semi-independently, which lacks cohesion and paves the way for inconsistencies to arise.
Monitor and control
processes.
Control
Through the Intercompany Cloud single view of the intercompany landscape, it becomes easier for you to monitor and control processes, and quickly implement company-wide changes when needed.
Coupled with the increased automation that Intercompany Cloud brings, you’ll achieve improved productivity and thus a reduction in labor requirements.
Visibility
You’ll complete critical month-end tasks quickly and efficiently. A genuine intercompany subledger allows a shared service center team to have full access to a dedicated application with explicit delineation from trade accounting teams.
Visibility into due-from/due-to balances is massively improved across your organization, driving more accurate intercompany settlement, improving working capital and contributing to increased profitability, and reduced tax exposure by settling intercompany activity in an accurate and timely fashion.
01
Provides a dedicated subledger for all intercompany activity
02
Automate creation, reconciliation and settlement
03
Support multi-system and multi-COA
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