White Paper

Gartner: Technology Approaches to Unify Intercompany Accounting

Intercompany is an inherently messy process that can be up to ten times revenue.

Longer close times, imbalances and write offs all become worse as more legal entities are added and transaction volume grows. Process improvements alone are not enough to stem the tide – technology is key to streamlining intercompany and fixing the problems. In a recent whitepaper, Gartner observed that “By 2027, 20% of controllerships will have fully automated intercompany accounting in their journey toward autonomous finance.” Gartner, Technology Approaches to Unify Intercompany Accounting, Permjeet Gale, 9 February 2024

Read this whitepaper from Gartner to learn more about how intercompany is impacting businesses today, and how the right technology can help optimize your intercompany processes, including:

How intercompany processes increase the need for resources, impact financial statements, and add time to the financial close

Why you should assess your intercompany processes to identify opportunities for improvement both inside and outside of finance

What items you should consider when reviewing technology solutions to improve processes

Learn more about how intercompany is impacting businesses today