Intercompany Transaction Reconciliation

Tagetik 3.0 supports intercompany matching and reconciliations at transactional levels to ensure adequate details on the individual transactions. Finance can efficiently manage the ensuing activities between group companies, monitor the process from a decentralized, collaborative dashboard, and have a clear workflow of accepted, rejected and reconciled transactions.

Tagetik 3.0, thus, help companies automate and better manage the reconciliation process by supporting data analysis and balancing, streamlining the consolidation process and considerably improving the overall quality of information.

Tagetik 3.0 Main Features:

• Management of Reconciliation process at both the corporate and the company level
• Automatic Reconciliation for:
• Unbalanced amount under a predefined threshold
• Unbalanced amount due to the exchange rate difference
• Possibility to insert manual causal of reconciliation
  

• Management of the causal of Reconciliation to coherently highlight the origin of the unbalancing
• Visualization of the advanced state of the process of IC Reconciliation through a cockpit
• Data Certification: the peripheral users are responsible to declare the closing of the Intercompany gathering through a ‘certification’ command that automatically blocks the modifications of the data and “assigns” the final data to the consolidator

Learn more!

• Find out the Tagetik 3.0 benefits
• Watch the Tagetik 3.0 demo
  
• Hear what customers have to say about Tagetik
  
• Learn more in informative white papers
  
• Read customer case studies