Intercompany has typically been seen as an accounting problem, yet it affects all areas of finance. After being neglected for many years, global changes such as increased M&A activity and the rapid introduction of tax mandates world-wide are propelling its importance to the forefront.
Intercompany is ripe with opportunities. According to The Hackett Group, “Intercompany has one of the largest disparities between the efficiency of world-class and peer-group finance organizations.” In fact, world-class performers can be 20, 30, or 40 times more efficient.
It has to be a key investment priority for shared services.
Read this guide to find out how you can improve on your intercompany processes, where to focus your investment, and the worrying risks if you get it wrong.
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