Intercompany reconciliation tool

Required solutions by Senior Management Officials at 1FSS:

Professional services for intercompany reconciliations

• Company required Services for performing Inter-company Transactions Reconciliations on data extracted from ERP
• Data was provided in excel format
• Outsourcingwise team created tool to automate the manual intercompany reconciliation process.
• Outsourcingwise team also manages the tool starting Q1 24 and prepares the reconciliations using the automated tool.
• Team performed reconciliations for approximately 50 entities or more than 1000 reconciliations per quarter.
• With automation OutsourcingWise was able to reduce time taken to complete the reconciliations significantly.