Intercompany transactions should be a zero-sum game. It should work as simply as moving money from one department to another, but things are not so simple for large organizations.
Making matters worse, total intercompany dollar volume is frequently larger than actual revenue and is managed across multiple jurisdictions. Surprisingly, however, many CFOs and heads of finance may not know they’ve got intercompany problems that impact more than operational efficiency and compliance. Companies, instead, should look to go beyond zero when balancing intercompany to improve profitability, talent utilization and liquidity.
Join this webinar to learn:
The top signs that you may have an intercompany problem
Tactics to streamline and automate processes to improve intercompany operations across tax, finance, accounting and global operations
A new approach, called Intercompany Financial Management, which re-examines intercompany operations by leveraging technology and business processes