Manage joint ventures to account for reported cost, revenue, and infused cash in order to distribute net amounts to joint venture partners
Accurately and efficiently manage joint ventures by ensuring compliance of Joint Operating Agreements (JOA).
Audit trail of all transactions from point of entry through to distribution, calculate pro rata share of transactions for partners, and changes in ownership.
Industry-independent solution to handle various types of transactions: Payroll, Procurement, Travel Expenses, Revenue, General Ledger.
Lower TCO with streamlined processes, shorten monthly financial close with automation, and minimize time and costs with improved visibility into the information.