SAP Intercompany Governance by BlackLine
SAP Intercompany Governance by BlackLine
SAP includes BlackLine in its end-to-end offering for record-to-report.
Understanding the Challenges of Intercompany Accounting
Intercompany is a complex process with multiple dependencies and stakeholders across an organization, including Accounting, Tax, Treasury, and Legal. Many companies rely on manual, detective intercompany processes that take too much time, introduce risk, and increase costs.
Disparate systems
Lack of automation, workflow and collaboration
Compliance risk and regulatory changes
High volumes of data
Difficulty optimizing tax positions
SAP Intercompany Governance by BlackLine
SAP Intercompany Governance by BlackLine governs and automates the entire lifecycle of an intercompany transaction, including trade or non-trade, across all areas, systems, and ERPs—both SAP and non-SAP. The Hub augments other SAP solutions, most notably in the areas of workflow, invoicing, substantiation, and auditability, and is SAP’s only end-to-end intercompany solution.
Key Features
Synchronous processing across SAP/non-SAP ERPs
Dynamic invoicing by jurisdiction
Complex balancing and reconciliation
Configurable and adaptable workflow
Advanced netting, clearing, and settlement
Centralized repository and subledger reporting
Core Benefits
Achieve end-to-end process efficiency
Lower risk of misstatement, penalties, and F/X exposure
Stronger group, entity, and profit center controls
Enable streamlined and cost-effective audits
Simplify the process of onboarding newly acquired entities
Ensure full compliance for statutory reporting
Learn more from SAP about SAP Intercompany Governance by BlackLine
Intercompany Hub was a game changer for our controls and out-of-balance management.
global consumer products company
