Introduction

Multitier Intercompany Operations lets you manage complex intercompany transfer that cover transfer of non-physical assets or liabilities, such as cash and trade positions, or involves sharing of revenues and expenses across multiple entities.

These transfers may be directly between the provider and receiver organizations or through multiple clearing organizations. The multitier operations automate the generation of intercompany transactions between the organizations involved in the financial route when you transfer funds. This will also streamline the ability to transact, settle, account for, and track transfers between organizations.

You can also settle fund transfers in a currency different from the currency in which the transfer was initiated. Automating the multitier operations will benefit enterprises that run global operations by improving operational efficiency, optimizing taxes, and managing currency exposure.