Intercompany processes don't exist in isolation in the financial accounting world, and a point solution won’t address the challenges faced by the complexity of the world’s largest multinationals.
Instead, Virtual Trader offers a holistic approach ensuring that the whole lifecycle from initiation through to settlement is slick and efficient – all underpinned with compliance features that meet the demands of authorities, regulators, and auditors.
Our dedicated intercompany solution automates the entire intercompany process making the task much simpler for your business.
Virtual Trader provides the gateway and business-rules repository that govern intercompany activity throughout the enterprise.
Independent creation of intercompany between businesses can lead to reconciliation and accounting challenges. Virtual Trader solutions automatically synchronize transactions, increase visibility, and reduce period-close delays.
A dedicated intercompany subledger providing a single source of truth for the entire enterprise regardless of corporate IT landscape.
Our enterprise-grade software ensures that companies achieve their tax and legal compliance.
10% of the top 50 Fortune 500 companies already trust Virtual Trader to automate their mission-critical intercompany processes
Virtual Trader is packed with powerful features:
Create entries for all parties simultaneously, in the same place, for the same amount, with a common reference
Automation of complex multi-tier legal entity postings
Full control over transfer pricing using advanced calculation options
Automation of Operational Transfer Pricing and periodic recharges
Dedicated intercompany subledger automates cash and non-cash settlements
Integration with indirect tax engines and treasury management systems
Entries automatically posted back to the ERP of record for each legal entity
Link together multiple ERP systems, legacy systems, and offline processes