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.
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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.
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