Intercompany Consolidation – SAP Business One ERP Management System | Software Solution

For companies with multiple business units or subsidiaries, intercompany transactions and integration create complexity. Minimizing this complexity is critical when you need to consolidate financials across all operations for reporting, provide visibility into the sales performance of each business entity, or streamline intercompany procurement transactions.
Without automating and streamlining intercompany transactions, such activities require painful manual reconciliation and aggregation. Businesses like yours need to reduce the time and effort associated with processing intercompany transactions and complying with regulations.
You want to synchronize data such as item and vendor numbers between systems, allowing your business entities a common language when transacting.
You also want to reduce errors and increase productivity by eliminating manually created intercompany transactions in multiple systems. For example, when one of your business entities creates a PO to buy from another entity, that action should automatically create a SO in the selling entity.

Finally, you need financial consolidation and aggregated sales reporting.