Seamless & Compliant Intercompany Reconciliation

Effortlessly streamline your intercompany financial processes with AI-powered automation. From seamless IC transaction posting to automated consolidation and compliance reporting, Taxilla ensures accuracy, efficiency, and regulatory alignment for global enterprises. Minimize manual effort, reduce errors, and gain real-time financial clarity-all in one intelligent platform.

How It Works (Step-by-Step Process)

Automated Allocation Rules

Automated Allocation Rules

Define intercompany pricing & cost-sharing models.

ERP Integration & Data Import

ERP Integration & Data Import

Pull transactions from ERP in real-time.

Approval & Exception Handling

Approval & Exception Handling

Auto-notifications for invoice validation.

Adjustments & Compliance Alerts

Adjustments & Compliance Alerts

Ensures rule modifications align with tax regulations.

Automated ERP Posting

Automated ERP
Posting

Auto-updates financial records & eliminates double entries.

Multi-Entity Consolidation

Multi-Entity
Consolidation

GAAP-aligned, currency-adjusted financial closure.

Final Reconciliation & Compliance Checks

Final Reconciliation & Compliance Checks

Detects & resolves intercompany variances.

Who Benefits from Taxilla?

  • tickEnterprises with multiple subsidiaries in manufacturing, retail, pharma, IT services, & eCommerce.
  • tickCompanies handling high-volume intercompany transactions with revenue between $100M-$1B.
  • tickCFOs, finance leaders, and controllers looking to reduce month-end close times.

Business Impact & Benefits

01

Data Consistency and Accuracy - Ensures >95% accuracy in data aggregation and formatting tasks.

02

Reduction in Manual Interventions - 5x reduction (80%) in adjustment entries and manual interventions.

03

High Matching Rate - Delivers over 95% transaction matching accuracy with predictive automation.

04

Proactive Management - Achieves up to 70% faster transaction resolution, empowering timely and confident decision-making.

05

Effective Process Insights - Accelerates processes with auto-generated comments for variances at each transaction level.

06

Regulatory Compliance - Lowers non-compliance risk by over 85%, reducing penalties & regulatory breaches.

07

Enhanced Collaboration & Accountability - Boosts workflow efficiency by up to 100% through automation & built-in communication

08

Improved Visibility & Monitoring - Provides 100% real-time oversight of the financial close process.

09

Real-Time Financial Insights - Access timely reporting for faster, data-driven decision-making.