Verizon, are you ready to go the distance with intercompany?
When it comes to intercompany, you need a solution that runs the full race from the first shot to the finish line. Get the victory with BlackLine.
What can intercompany do for Verizon?
Intercompany requires careful course planning, and simply trying to balance intercompany to zero is not a winning strategy for companies in the telecommunications industry.
Across your teams, there are unseen intercompany obstacles in your path that prevent you from getting ahead. These roadblocks can affect any organization and worsen as companies grow organically or through acquisition.
But instead of seeing intercompany as a roadblock, think of it as a strategic way for Verizon to win and drive the future of connectivity.
It’s time to...
Invest in technology that will fundamentally change how you do intercompany
Win the intercompany race
Prevent intercompany obstacles by gaining visibility into transactions and automated billing routes. Centralize data from multiple ERPs and view your intercompany activity in real time.
Achieve operations excellence
Realize future-ready intercompany operations by improving efficiency, optimizing working capital, and managing global compliance.
Stay ahead of the competition
Substantiate deductions, enforce transfer pricing policies, and prepare for e-invoicing mandates.
The way forward
BlackLine’s Intercompany solutions will help the teams at Verizon avoid running extra miles and develop a roadmap for your digital finance transformation journey.
Economic uncertainty can disrupt operations across the telecommunications industry, increasing costs and adding complexity to large-scale infrastructure projects. These added expenses can complicate intercompany cost allocation, especially when operations span multiple regions and jurisdictions.
BlackLine provides real-time visibility into intercompany transactions, automates reconciliation of cross-border spend, and strengthens compliance and audit readiness. From structuring and creating transactions to balancing and final settlement, BlackLine helps you free up time and resources to focus on what matters most: building the networks that keep the world connected.