For large companies with multiple entities, entering transactions in order to pay vendors can be a long and drawn-out process. In most ERP systems, you must enter separate vouchers (vendor invoices) for each company. Not only is this tedious and time-consuming, but it also means that vendors receive several checks from the company on different days and times.
With Carillon® ERP, you can reduce transaction time with intercompany transactions. For instance, let's say you have multiple companies that purchase supplies from the same vendor. You can have each company enter their vouchers, then pay that vendor for all companies' vouchers with one check from one main account. Carillon® ERP creates all the needed intercompany transactions behind the scenes — saving time and cutting down on the checks you have to reconcile. You can also enter a bill from a vendor and split it between multiple companies at the time you enter your voucher. All intercompany transactions are handled automatically.
For more information, please contact us.