Centralized Intercompany Reconciliation | Automated & Accurate

 Intercompany Reconciliations

Intercompany Reconciliation Software - Beyond ERP Matching & Spreadsheets

Automate intercompany reconciliation across entities, ERPs, and currencies with a centralized, audit-ready reconciliation engine. Taxilla replaces spreadsheet-driven IC reconciliations with AI-assisted matching, workflow-based resolution, and continuous close readiness.

The Challenge

ERP Intercompany Reconciliation Was Never Built for Reality

ERP-native tools and spreadsheets fail to handle real-world intercompany reconciliation complexity:

challenge1

Disconnected ERPs & Ledgers across selling and buying entities

challenge2

Manual Excel matching for AR/AP, revenue vs cost, clearing accounts

challenge3

Unclear ownership for mismatches and aged items

challenge4

FX & timing differences creating unexplained variances

challenge4

Audit pressure with missing evidence and approvals

challenge4

Close delays driven by late-stage reconciliation firefighting

Outcome: Slower closes, growing reconciling items, and audit fatigue.

Solution Overview

Built for Intercompany Close - Not Just Balance Comparison

Taxilla automates end-to-end intercompany reconciliation as a core pillar of the Intercompany Close Suite. It acts as a centralized intercompany reconciliation sub-ledger that governs matching, investigation, dispute resolution, approval, and certification of every intercompany balance-across entities, geographies, currencies, and ERPs.

How it Works

Ingest → Match → Explain → Resolve → Approve → Certify → Close

Every intercompany transaction is systematically:

Centralize Intercompany Data Across Systems

Centralize Intercompany Data Across Systems

Consolidate intercompany transactions from ERPs and source systems into a unified IC reconciliation layer. Supports multi-entity, multi-currency environments with full traceability

Automated & Rule-Based Matching

Automated & Rule-Based Matching

Automatically match intercompany balances using configurable, FX-aware rules and tolerances. Supports one-to-one, one-to-many, and continuous matching.

Exception Identification & Investigation

Exception Identification & Investigation

Unmatched or partial items are automatically flagged and routed for investigation. Enables root-cause analysis with comments, evidence, and counterparty collaboration.

Workflow-Driven Review & Approval

Workflow-Driven Review & Approval

Role-based workflows ensure balances are reviewed, approved, and certified before close. Includes escalations, approvals, and full audit trails.

Close-Ready Visibility & Certification

Close-Ready Visibility & Certification

Track reconciliation status in real time to prevent unresolved items at close. Provides IC aging, dispute status, and audit-ready certification.

Key Benefits

Tangible Outcomes for Your Finance Team

Accelerated Intercompany Close

Reduce reconciliation cycles by 60-70% through automation

Audit-Ready Reconciliations

Full traceability from source transaction → match → explanation → approval

Dispute-Free Intercompany Balances

Both entities see the same data, logic, and resolution status

ERP-Agnostic Scalability

Reconcile across SAP, Oracle, NetSuite, Dynamics, and hybrid landscapes

Clear Ownership & Accountability

Defined preparer, reviewer, and approver responsibilities per entity

Module Capabilities

Features Deep-Dive

AI-Assisted Matching Engine

AI-Assisted Matching Engine

  • Rule-based and AI-assisted matching
  • 1:1, 1:M, and M:M scenarios
  • FX, tolerance, and date logic
Exception & Difference Management

Exception & Difference Management

  • Timing, FX, pricing, and posting differences
  • Root-cause classification and commentary
Intercompany Reconciliation Sub-Ledger

Intercompany Reconciliation Sub-Ledger

  • Central repository for IC balances
  • Period-over-period reconciliation history
Multi-Layer Workflow Collaboration

Multi-Layer Workflow Collaboration

  • Preparer → Reviewer → Approver workflows
  • Full audit trail and certifications
Technology Advantage

Engineered For Enterprise Scale

  • ERP-Agnostic Architecture

    ERP-Agnostic Architecture

    Connects seamlessly with SAP, Oracle, NetSuite, Dynamics, and other ERPs-reconciling intercompany balances across heterogeneous systems without disruption.

  • Continuous Processing Model

    Continuous Reconciliation Model

    Matches and identifies intercompany differences throughout the period, not just at month-end-reducing last-minute close pressure.

  • Unified Intercompany Sub-Ledger

    Unified Intercompany Data Model

    Links seller and buyer entries in a single reconciliation view, enabling clear visibility into timing, FX, and pricing differences.

  • No Spreadsheets. No Custom ERP Code

    No Spreadsheets. No Custom ERP Code.

    Eliminates Excel trackers and ERP customizations with a governed, audit-ready reconciliation layer deployed outside your core systems.

TechnologyAdvantage
Integrations

Seamless Integrated Across Your Ecosystem

Taxilla integrates with:

ERPs

ERPs

Operational Sources

Operational Sources
Industry Use cases

Trusted By Global Shared Services

Automated shared services chargebacks across 30+ legal entities, reducing disputes by 80% and accelerating close by 5 days.

Global Shared Services Center

Reduced IC reconciliation effort by 75% across 20+ entities.

Manufacturing Conglomerate

Automated AR/AP and clearing account reconciliation across regions.

Technology & SaaS Enterprise

Resolved revenue vs cost mismatches in minutes, not days.

Professional Services Group

Enabled entity-level accountability and audit-ready reconciliations.

Pricing & Plans

Transparent Pricing for Every Stage of Growth

Taxilla pricing scales with your allocation complexity and transaction volume-ensuring you pay only for what you use.

Essentials

Mid-market firms

  • Up to 5 entities
  • Up to 5,000 transactions/month
  • AR / AP balances reconcialition scope
  • Rule based matching logic
  • Basic Exception Management
  • Up to 2 ERP integrations
  • Preparer only workflows and approvals
  • Basic Audit Trail & Certification
  • Email support
  • Multi-currency & FX variance engine
  • AI Assisted Matching
  • Customized Reports & Dashboards
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Enterprise

Large global enterprises

  • Up to 40 entities
  • Unlimited transactions
  • Full IC balance coverage reconciliation Scope
  • AI-assisted matching logic
  • Advanced + root-cause analytics exception management
  • Up to 6 ERP integrations
  • Preparer → Reviewer → Approver - workflows & approvals
  • Advanced Audit Trail & Certification
  • Dedicated CSM
  • Multi-currency & FX variance engine
  • AI Assisted Matching
  • Customized Reports
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FAQ's

Frequently Asked Questions

What accounts can be reconciled?
Taxilla supports reconciliation of intercompany AR/AP, revenue vs cost, clearing accounts, intercompany loans, accruals, and other balance sheet and P&L accounts.
Does this replace ERP reconciliation?
No. Taxilla works alongside your ERP as an intercompany reconciliation sub-ledger, automating matching, approvals, and audit controls without disrupting ERP processes.
Can it handle FX and timing differences?
Yes. The platform natively identifies and classifies FX translation and timing differences, ensuring clean reconciliation without manual adjustments.
Is it audit-ready?
Yes. Every reconciliation includes full drill-down to source transactions, explanations, approvals, and certifications-fully aligned with audit requirements.
Can reconciliation run continuously?
Yes. Reconciliations can run continuously throughout the period, supporting a Continuous Close model rather than a month-end scramble.

Eliminate spreadsheet-driven intercompany reconciliation.

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