Intercompany Matching & Reconciliation (ICMR)

What is the ICMR solution?

The Intercompany Matching and Reconciliation (ICMR) is introduced in companies to speed up your intercompany reconciliation process from company close to corporate close. As a built-in solution in SAP S/4HANA, it matches transactions without any ETL (extract, transform, load) processes and reconciles your financial data in real time. By defining flexible matching and reconciliation rules, you can achieve high automation and continuous reconciliation.

In addition, its in-app communication and workflow features eliminate the latencies very often seen in dealing with intercompany discrepancies, and at the same time, improve visibility and transparency of your reconciliation process.

Key features of the ICMR solution

  • Flexible matching and reconciliation rule definition
  • High visibility on your reconciliation process
  • User-friendly Fiori apps to manage your matching assignments on aggregation or line-item level
  • In-app communication and workflow
  • Possibility to enable automatic discrepancy adjustment
  • Real-time reconciliation
  • High performance on matching and reconciliation
  • Supports user-defined organizational dimensions for matching and reconciliation

Why consolut?

With over 15 years of experience in the field of accounting and in projects in over 40 countries, we accompany you as a competent partner in all accounting issues.

Our know-how covers all accounting modules, the integration into the surrounding modules, as well as the interfaces to upstream systems. Our senior consultants combine their knowledge as accountants with IT and SAP knowledge to bridge the gap between your requirements and the appropriate implementation in SAP.

Get in touch today to learn more!