Intercompany Inefficiencies “Waste”a Month a Year
A new survey-driven report highlights the extent to which intercompany is plagued by subpar processes, outdated technology, and lack of integration across Record-to-Report.
One of the main challenges, SSON Research & Analytics confirms, is the dispersed "ownership" of intercompany (lack of Global Process Owner) between accounting, controlling, Shared Services and tax. Technology also plays a key role in solving intercompany issues at the root of lost time and money.
For many Shared Services, intercompany (as part of Record-to-Report) is already a growth area with significant potential for optimization. The survey indicates almost half of enterprises plan to move more work into a Shared Services model.
Download this report for key insights on intercompany inhibitors and what can be done to improve performance.
- Tom Bangemann, Head of Data Development and Research, SSON Research & Analytics
- Barbara Hodge, Global Editor, SSON Research & Analytics