INTERCOMPANY BALANCE & RESOLVE
Zero out intercompany balances to increase confidence in financial results.
A complete virtual subledger of global intercompany transactions designed to streamline and manage reconciliation complexity, including currency exchange rates, transaction amounts, recorded taxes, and exception management, to free up staff capacity and close periods quicker.
60-85%
Average reduction in manual accounting processes during the close and throughout the month
$118K
Average reduction in annual write-offs of aged intercompany balances
$30m
As much as $30m realized reduction in intercompany exceptions across a global, multi-ERP environment
Resolve exceptions across your complex global intercompany operations instantly.
Automatically identify intercompany exceptions and underlying transactions causing out-of-balances with rules-based solutions to resolve discrepancies quickly.
A Virtual Intercompany Subledger to Centralize Transaction Details & Documentation
BlackLine Intercompany Balance & Resolve acts as an ERP-agnostic connective tissue between different entities. Examine transaction records, statuses, supporting documents, and corresponding journal entries in a single, centralized environment. Manage all corporate and country governance requirements for each transacting entity, including transfer pricing, exchange rates, and indirect taxes.
Optimize Intercompany Workflows with Exception Management & Account Certifications
Use intelligent matching rules to reconcile transactions across all data sources, legal entities, and trading partners, with multilevel approval workflows to resolve exceptions and post correcting journals. Manage complex trading relationships and growing transaction volumes to gain complete confidence in your financial results.
Blog: Automating intercompany reconciliations
Future-Proof Your Digital Transformation Strategy
More digitally integrated, real-time operations to normalize M&A activity, heterogeneous ERP environments, and charts of accounts, with streamlined and standardized accounting processes to fuel corporate transformation strategies and position your company for long-term growth.
“Intercompany imbalances have plummeted to near zero.”
PAUL DUBBELMAN
FINANCE LEAD, GLOBAL BUSINESS SERVICES
Additional Resources
Go Beyond Zero with Improved Operational Efficiency
Explore why intercompany is full of inefficiencies.
Why ERP Systems Inherently Fail to Address Intercompany
Discover the benefits of a dedicated intercompany solution to complement your ERP.
Where Does Intercompany Fit Into an ERP Modernization Plan?
Hear from experts in this short video about why it’s important to address intercompany.
Discover Our Intercompany Solutions
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