Accounting in an Intercompany World
Intercompany transactions now represent the lion’s share of the global economy—some 80% of global trade.
Yet exponentially increasing transaction data volume, the frenetic pace of business, and rapidly changing tax regulations are all contributing to intercompany accounting complexity and risk.
This may seem dire, but new technology is delivering an intriguing option to cope with continual regulatory changes and improve global visibility.
Read this CFO playbook to learn how your organization can conquer the biggest intercompany accounting challenges, and become equipped with common best practices implemented by global enterprises.
You’ll also unlock the ten keys to strong intercompany accounting, including:
- Using a centralized Intercompany Hub to overcome the issues behind disparate ERPs
- Standardizing global policies to govern critical areas, such as data flow and stewardship
- Defining and tracking workflows and approvals in a common platform that gives every stakeholder a clear view into progress