eBook - NetSuite Intercompany Best Practices
Managing intercompany transactions efficiently is a critical challenge for organizations with multiple subsidiaries and legal entities. At Lightbridge Solutions, we have worked with a number of companies, helping them streamline their intercompany processes to unlock the full potential of their teams and systems.
To help more businesses navigate this complex process, we've created a FREE resource 📄 that summarizes best practices for intercompany transactions. Click the button below to download ‘Maximizing NetSuite’s Intercompany Capabilities’.
In this eBook, you’ll find a number of best practices that help provide these benefits:
- Reduced errors in intercompany eliminations and consolidations
- Compliance with financial reporting standards (GAAP, IFRS)
- Minimized audit risks by improving traceability
- Real-time visibility into global financial performance
- Improved cash flow management by optimizing intercompany payments
- Accurate, consolidated financial data for better forecasting
- Lower transaction processing costs by reducing duplicate work
- Minimized currency exchange risks with automated FX adjustments
- Reduced reliance on external auditors for intercompany reconciliations