Are you struggling with Intercompany Accounting?

According to The Hackett Group, 64% of companies that handle intercompany transactions list timely agreement with counterparties as one of the largest hold-ups during their reconciliation process.*

Due to manual processes, disparate third-party systems, multiple currencies, and country-specific regulations and tax policies, etc., performing predictable and reliable intercompany accounting continues to be a growing challenge for Finance and Accounting (F&A) organisations across the world. In order to be a successful global organisation, it’s critical to have an established process in place as the various entities conduct business with each other on trade and non-trade resources.

Here’s how to make Intercompany Accounting predictable and reliable:

Watch this video

Need a deeper dive into this topic? Watch our webinar recording on ‘The Best-in-Class Approach to Intercompany Accounting’

This webinar will cover:

Regulations and tax policies impacting intercompany accounting
Pain points and risks faced from manually managing your intercompany process
How automating intercompany accounting with preventative and detective controls can prevent bottlenecks and disputes at period end

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According to The Hackett Group, 64% of companies that handle intercompany transactions list timely agreement with counterparties as one of the largest hold-ups during their reconciliation process.*

*Source: Account-to-Report Performance Study, The Hackett Group, 2015

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