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How ARCS is Useful when a customer has loads of intercompany transaction reconciliation issues

Accepted answer
edited Sep 28, 2018 4:43AM in Account Reconciliation 2 comments


Hi All,

One of our Existing customers has requested us to demonstrate on how ARCS can be useful to reconcile intercompany transactional issues prevailing in its group of companies.Initially we reached out them for FCCS however customer wants somehow to get rid of prevailing intercompany reconcilliation issues before going with FCCS.

Its one of Retail giants and has several intercompany tradings and transactions across their 35 subsidiaries.They are using oracle EBS as their ERP.

I have highlighted some of key issues currently facing related to their intercompany reconciliation

1. Some of entities users doesn't populate intercompany segment when they enter an intercompany invoice.Hence intercompany amounts are not tallying between two entities.

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