Intercompany Accounting

Simplify Transaction Management

Improve Time to Close and Accuracy.

Global transaction management is typically manual, complex, and is subject to rigorous regulatory and tax implications. This makes intercompany accounting a time-consuming, burdensome administrative process for multinational companies. Furthermore, the close and financial reporting are dependent on the process' completion, which all too frequently delays these critical tasks. With FourQ’s intercompany financial management solutions, companies can manage the entirety of their intercompany accounting processes, minimize administrative costs and decrease the time required to close.

Reduce Variances, Disputes, and Reconciliation Issues

by using the platform to centrally manage transactions and disputes

Increase Settlement Rates and Move and Forecast Cash Quicker

with netting leading to fewer transactions

Speed Close Time and Improve Accuracy

by booking verified transactions in real-time throughout the month, rather than waiting until end of the month

“FourQ™ completely transformed the way we undertake intercompany accounting. By standardizing, automating, and offering the service back, they were able to guarantee up to 40% in savings within three years.”

“We really like how FourQ eliminates business line relationships with vendors and automates internal chargebacks. It benefits both sides of the corporation-vendor relationship by offering global vendor invoice management and by providing standardized digital auditing and consolidation of invoices. We’re also impressed by how easily it integrates with all of our ERP, P2P, and stand-alone solutions.”

“The governments of some countries only give companies five days to provide information before issuing daily fines for non-compliance. A platform like FourQ’s OneBiller™ allows you to respond to requests for information right away.”

Simplify Transaction Management

Improve Time to Close and Accuracy.

KEY BENEFITS

Reduce Variances, Disputes, and Reconciliation Issues

Increase Settlement Rates and Move and Forecast Cash Quicker

Speed Close Time and Improve Accuracy

WHY LEADERS CHOOSE FOURQ™

“FourQ™ completely transformed the way we undertake intercompany accounting. By standardizing, automating, and offering the service back, they were able to guarantee up to 40% in savings within three years.”

- Global Lead

- Director

“The governments of some countries only give companies five days to provide information before issuing daily fines for non-compliance. A platform like FourQ’s OneBiller™ allows you to respond to requests for information right away.”

- Division Controller

Discover Intercompany Financial Management and What It Can Do for Your Company