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