EXA for Group Controlling
Group controllers face a significant challenge in managing the complex processes of intercompany transactions, group consolidation and group profitability. Their main pain points stem from ensuring data integrity and timely reporting across multiple entities, often operating in different systems and currencies. The manual nature of many consolidation tasks, coupled with the need to reconcile discrepancies between subsidiaries, leads to errors, delays in financial closing, and a lack of real-time visibility into the group’s performance. This makes it difficult to provide accurate financial statements and strategic insights to leadership.
EXA for Group Controlling
Key Challenges for Group Controlling Regarding Intercompany Transactions and Group Consolidation
Cost Management
- Full cost controll across regions
- Cross border allocations
- Consolidation of standard costs on product and material level
- Profit margin improvement
Compliance & Regulations
- Ensuring compliance with different financial regulations, tax laws, and reporting requirements across countries
- Managing and documenting transfer pricing agreements between subsidiaries to comply with local tax regulations
Intercompany Transactions
- Inbound/outbound intercompany profits
- Spending visibility and transparency across departments
- Managing direct service charges and indirect allocations
- Service costs & markup calculations
- Service charge out calculations in SAP
Simulation, Monitoring and Reporting
- Simulation and review of intercompany service charges in real-time
- Standard reports with financial flows of service transactions with detailed information
- Data output for TP documentation (audit ready)
- Country-by-country reporting
- Governance and audit documentation
Data Integration & Standardization
- Fragmented data systems, like different ERP systems, databases, or spreadsheets
- Data quality issues decreases accuracy and consistency of data from multiple sources
- Easy data loading from multiple sources
Intercompany Management Use Cases
Deep dive into Intercompany Management Use Cases
How EXA helps
EXA AG provides specialized, integrated SAP standard software and deep subject matter expertise to give CFOs, Group Controlling, and Tax leaders complete end-to-end data transparency into their global value chains. The EXA Global Intercompany Management Suite streamlines intercompany processes to ensure global and local compliance, unlock a holistic view of group and local profitability, and drive operational efficiency, transforming complex finance challenges into strategic business advantages.
EXA Intercompany Management Suite
