Taxilla's Intercompany Close solution is a comprehensive platform designed to streamline and automate intercompany financial processes with real-time precision. It addresses the complexities of intercompany transactions, ensuring accuracy, compliance, and efficiency across an organization's financial operations.

Key Features

Automated Charge Validation: Ensures that all intercompany charges are validated automatically, reducing manual errors and enhancing accuracy.

AI Transaction Matching: Utilizes artificial intelligence to match transactions across entities, facilitating swift and precise reconciliations.

Internal Control Reporting: Provides comprehensive reports on internal controls, aiding in compliance and governance.

Intercompany Cost and Revenue Distribution: Automates the allocation of costs and revenues among different entities, ensuring equitable and transparent distribution.

Days Sales Outstanding (DSO) and Customer Insights: Offers insights into DSO metrics and customer behaviors, enabling better financial planning and strategy.

Revenue Channel Insights: Delivers detailed analytics on various revenue channels, helping identify trends and opportunities.

Days Payable Outstanding (DPO) and Payment Insights: Provides metrics on DPO and payment processes, facilitating improved cash flow management.

Benefits

Enhanced Accuracy: By automating validations and reconciliations, the solution minimizes manual errors, leading to more reliable financial data.

Improved Efficiency: Automation reduces the time and effort required for intercompany processes, allowing finance teams to focus on strategic tasks.

Regulatory Compliance: Comprehensive reporting and internal control features ensure adherence to regulatory standards and facilitate audits.

Data-Driven Decisions: Access to real-time insights and analytics empowers organizations to make informed decisions regarding their financial operations.

Taxilla's Intercompany Close solution integrates seamlessly with existing financial systems, providing a unified platform for managing intercompany transactions. This integration ensures that organizations can maintain financial integrity, optimize processes, and achieve greater transparency in their intercompany dealings.

For more detailed information, visit: Taxilla Intercompany Close