The Monster Under the Bed
Why traditional intercompany accounting increases vulnerability and riskFor many companies, intercompany accounting is no longer just a mess. It’s a monster. This already complicated process can become a convoluted rat’s nest of unmatched transactions, manual reporting processes, and after-the-fact corrections. But a few companies have discovered the secret to doing it right.
Report Snap Shot
Deloitte calls it the “mess under the bed."
But for many companies, intercompany accounting (IC) is no longer just a mess.
It’s a monster.