Articles

On March 14, 2024, ExCeL London opened its doors to one of the major stops on the global Oracle CloudWorld tour. Alongside the events in Dubai, Milan, and Tokyo, the event was a prelude to the main CloudWorld event which will be happening in Las Vegas in September.

In the complex financial ecosystems of multinational corporations, accurately recording accounting entries between different entities within the same parent company is crucial. One such flow, known as accounts payable (AP) recharge, plays a pivotal role yet remains relatively obscure outside specialized accounting circles.

Multinationals are constantly seeking ways to streamline operations and reduce costs. One solution that’s gained traction is the use of an intercompany Shared Service Center. This approach not only simplifies internal processes but also fosters a more cohesive, efficient, and dispute-free environment across the corporate group.

But where to start? What are the first steps an organization should take to realize this vision? Read on for our recommendations.

The term "transfer pricing" frequently arises among multinational corporations engaged in cross-border dealings. But what exactly is it? 

Does the thought of B2B enterprise accounting software give you goosebumps? Does it fill you with emotion? Does it make you weep tears of joy?

The arrival of the financial year-end can often feel like a nightmare for many accounting teams. As December 31st looms, the tasks pile up, and the process of closing the books becomes a source of dread. But what if things could be different? What if this period could transform from something resembling “The Nightmare Before Christmas” into a smooth transition into the new year? It can — read on to find out how.

Though the terms 'intercompany' and 'intracompany’ are similar, their implications in the accounting world are distinct and significant. The latest in our "what is…" series delves into these terms, their etymology, and practical implications — especially when setting up and managing Enterprise Resource Planning (ERP) systems.

Our recent acquisition by Valsoft Corporation promises exciting developments for our customers. 

We’ve just returned from Oracle’s CloudWorld event (formerly OpenWorld) in Las Vegas, a great opportunity for networking and exploring new industry developments. So now, it’s time to get back to the daily routine and the dreary British weather.