White Paper
Intercompany financial management (IFM) is a discipline for structuring and handling transactions within a corporation and between its legal entities designed to maximize staff efficiency and accounting accuracy while optimizing tax exposure, minimizing tax leakage, and ensuring consistent tax and regulatory compliance.
According to Ventana Research, by 2025, one-half of large enterprises will have implemented IFM to achieve tax, risk management, and financial close benefits.
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Addresses significant challenges, including complex IT, accounting, and tax issues, to support the achievement of high-level corporate objectives
Delivers efficiency gains, better management of tax costs, and greater control of risks to benefit multiple departments—from Tax to HR and Accounting
Requires an integrated approach to people, process, information, and technology