Consolidation and Inter-company Transactions

Improve business efficiency by automating inter-company transactions.

For any company with multiple business units or subsidiaries, intercompany transactions and integration create operational complexity. Minimizing this complexity is critical when you need to consolidate financials across all operations for reporting, provide visibility into the sales performance of each business entity, or streamline intercompany procurement transactions.

Without automating and streamlining intercompany transactions and integration, such activities require painful manual reconciliationand aggregation. Businesses like yours that want to reduce the time and effort associated with processing intercompany transactions and complying with regulations implement the SAP® Business One application. You want to synchronize data such as item numbers and vendor names between systems, so your business entities share a common language when transacting with each other. You also want to reduce errors and increase productivity by eliminating the need to manually create intercompany transactions in multiple systems. For example, when one of your business entities creates a PO in its system to buy from another entity, that action should automatically create a sales order in the system of the selling entity.

SAP Business One application, designed for small businesses and subsidiaries of large enterprises, lets you coordinate operations, increase visibility, and transform decision making in a cost-effective manner. The intercompany integration solution for SAP Business One allows you to streamline your intercompany consolidation and collaboration processes to reduce costly errors from manual efforts and increase employee productivity. This integration solution enables scenarios such as financial consolidation and intercompany procurement between two or more organizations running SAP Business One.

 

Key functionalities

  • Master data replication and content sharing
  • Support for standardized, transparent processes across business entities
  • Financial and operational visibility across business entities
  • Control and collaboration across business entities

Benefits

  • Consolidate, coordinate, and view activities across all business units running SAP Business One without manually intensive reconciliation or duplicate data entry
  • Minimize errors
  • Increase employee productivity