Global companies face a common challenge balancing intercompany accounts across ledgers. Failure to balance intercompany accounts and identify and eliminate intercompany transactions may put the company at audit risk.
I spoke about this issue at last year’s Collaborate conference, and I’m looking forward to returning this year to tackle it again. If you’re attending Collaborate 18 (April 22-26 at Mandalay Bay in Las Vegas), I encourage you to register for my session to learn how with AGIS your company can eliminate intercompany errors:
Collaborate 18 Session: Advanced Global Intercompany System (AGIS) – Simply Balance!
9:45 AM–10:45 AM Apr 24, 2018
South Seas Ballroom H
Explore key considerations, integrating the cloud with legacy applications and challenges of current cloud implementations.
We’ll cover how to:
- Convey best practices using cloud intercompany balancing
- Educate the community on available functionality in the cloud
- Provide an actual business case where the company fixed all out of balance issues through the use of intercompany accounting
When you implement AGIS you can ensure that intercompany transactions are agreed to by all involved parties, the transaction balances across ledgers and are identified with the intercompany segment in your chart of accounts.
If you are unable to attend, but would like to get a copy of any one of the session slides, please leave a comment, and we’ll ensure you get the slides after the show.
More Perficient Sessions
Our Perficient Oracle team is honored to have been invited to present on seven unique topics across multiple tracks at Collaborate 18. Learn more about all of the sessions here.