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Intercompany Eliminations

Intercompany elimination is the process for removing transactions between companies in a group in the preparation of consolidated accounts.

Intercompany elimination is the process of managing eliminations of operations between companies within the same group. Intercompany eliminations promote collaboration and establish controls in complex corporate environments.

Discover how Tagetik 3.0 delivers Intercompany Transaction Reconciliation process

 

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Tagetik is a global software vendor of the first unified Performance Management & Financial Governance solution to help CFOs and CIOs simplify complex business processes.

A complete financial closed-loop software, Tagetik 3.0 unifies key processes and applications – such as budgeting, planning & forecasting, financial consolidation, financial governance, strategy management, profitability modeling, working capital analysis – to manage and control overall performance, support compliance initiatives, harmonize different views of critical financial data, enable maximum visibility down to business transactions. In this way, the CFO can support the CEO in monitoring the implementation of strategies, ensure their sustainability and control corporate performance.

Since the software leverages “built-in” processes and cross-platform technology – fully web-based and integrated with any ERP, our customers can profit by up to 50% reduction of the total cost of ownership (TCO).