With limited user input required, RECHARGE MANAGER is the perfect solution for any company sharing costs within a complex set of companies including, internal, external or third parties, across different affiliates for multiple associates, in a defined international or national group, that need to automate their dues and payables and ultimately speed up their business processes.
Recharge Manager, The Advantages
RECHARGE MANAGER provides the ability to automatically share costs across multiple companies with predefined values and an upfront configuration for an unlimited number of scenarios.
The costs can be distributed through a chain of companies with limited user input, raising the relevant intercompany dues and payables automatically.
Overcoming your intercompany recharge challenges:
RECHARGE MANAGER provides the business with a limited interaction by users, coupled with a high level of detail automatically posted between legal entities when it comes to sharing costs or distributing costs to related entities, in or outside of the organization.
Dues and payables are raised and posted automatically to ensure that the position of each company is reflected correctly with regards to the recharge of costs.
“Not only does Recharge Manager follow best practice, it simplifies intercompany re-charging, eliminates human data errors and enables the end-user to maintain control”
Key Features At A Glance
Recharge determination at cost origin
Account groupings for common recharges
Company groupings for common recharges
Allocation codes and routing for each code
Allocation of groups for combinations of codes
Defaulting and restriction of allocations
Recharge on Recharge
Dynamic posting profiles
Multiple company routings
2 - Route costs to a project within the target legal entity.
3 - Route a cost to a customer in the target entity.
2 - Similarly, the withholding tax groups can also be applied.
Full traceability end-to-end
power Bi dashboard, and inquiry-based tracing directly in the system.