- Tremendous time and cost savings at month end at every subsidiary AND for corporate accounting
- Auditors will spend less time on IC reconciliations at year-end
- Subsidaires can concentrate their time and effort on solving the mismatch issues rather than the collection of the data itself
- The storing of all Accounts Payable (AR) and Accounts Receivable (AP) items not only for current month end but for all previous month end combined with the reporting capaibilty (report writer) gives auditors and management an invaluable view on the whole intercompany position and the evolution of this position month by month.
The Features
- Stand alone system or combined with the netting with separate cut offs
- Flexible grid to filter / sort / find data
- Central storage of all AR and AP data for the group
- Integrated report writer
- Archiving of (and access to) historical month end data
- Intercompany mismatch analysis grid allows top down (balance) view and drill down into detail (invoice) level for both corporate accounting and subsidiaries
