Prophix Intercompany Management Reviews

Prophix Intercompany Management Description

You can perform reciprocal transaction reconciliations at each subsidiary level, while centrally managing the entire process. The platform automates interdependent tasks and increases visibility through custom reporting interfaces. Your intercompany reconciliation process can be accelerated, de-risked, and improved. The platform is user-friendly and collaborative. It integrates seamlessly with other systems, quickly detects account types and variances, and gives users a clear overview over data, documents, progress, and more. You can automatically record financial transactions across all legal entities while keeping a central oversight. Continuous closing throughout the consolidation process and independent of it. Reciprocal transaction reconciliations are posted at each subsidiary level.