Intercompany Reconciliation – Optimise your closing process
One of the main components of the closing process in a Corporate Group environment is intercompany reconciliation (ICR). However, ICR often poses various problems (see Lack of time for intercompany (IC) corrections, Different configurations, Dispute Management, Data storage). BearingPoint provides a tailored solution within an ERP environment based on standard SAP functionality – the intercompany reconciliation tool.
Facts & Figures:
Today the reconciliation of IC receivables and payables is one of the most time consuming activities within the closing process.
BearingPoint supports you to set the stage for a change in IC reconciliation with the implementation of standard ICR processes in an SAP ERP environment.
By applying these standard processes the necessary time frame to reconcile IC data will be significantly reduced due to the adoption of the same attributes in all involved entities.
Furthermore the accounting organisation will be optimised by common reconciliation processes.