Intercompany reconciliation is often regarded as a significant obstacle to ensuring a fast and accurate financial close process. You need to reconcile intercompany balances directly with one another in real time via the Web to improve the financial reporting and closing processes. By automating intercompany reconciliation, you remove it from the critical path of your company's primary financial reporting operation, eliminating the possibility that it can become a bottleneck. Improvements in your intercompany reconciliation processes can drastically reduce the overall amount of time it takes your business to accurately close its books.

An intercompany reconciliation software solution from Business Objects, an SAP company, enables business units to reconcile intercompany balances in real time via the Web and allows corporations to close faster. It provides the tools for business units to debate and reconcile balances directly with one another, eliminating extra work and delays at the corporate and divisional levels.

With an intercompany reconciliation software solution from Business Objects, an SAP company, you can excel in the financial closing process by:

• Improving the accuracy of reported intercompany balances
• Significantly shortening reconciliation processing time
• Integrating with your preferred financial consolidation system
• Enabling reconciliation at both balance and invoice levels