Clients / inter-company-reconciliation
A global leader in luxury
How to reduce or eliminate errors in the inter-company reconciliation and close process involving many national IT systems?
Design and deploy a DLT based solution as a single source of trust with which all other national IT systems can synchronize.
- Initial system developed and deployed in 3 months.
- The system successfully initiated, tracked and exported standardized reinvoicing information in three different IT systems.
- Increased transparency and accountability and eliminated entire error categories.
- Documented the whole inter-company process, identified many hidden complexities.
- Handled complex scenarios involving double re-invoicing.