Intercompany is not a zero-sum game.
Intercompany volumes are soaring due to the continued rise of globalization. In fact, intercompany transactions for multinationals often dwarf their external sales by ten times or more.
Even with increasing volumes and complexity, many companies expect intercompany processes to just work—but this is often not the reality. Organizations that manage intercompany manually may experience challenges like reduced operational productivity, tax leakage, and diminished statutory tax positions.
Now, there’s a new way to tackle intercompany with intercompany financial management (IFM). Download this white paper to learn:
3 reasons why organizations are overwhelmed by intercompany
The high costs of getting intercompany wrong
4 key areas to pay attention to when addressing intercompany challenges