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Within a group made up of several entities or subsidiaries, preserving margins requires savings made by eliminating hidden costs, particularly those linked to intra-group operations (intercos).
Under this terminology, we group together all financial exchanges between two subsidiaries of the same group, whether they involve purchases or sales of goods, services or fixed assets, reciprocal financing or even distributions of dividends. . If they are not clearly reported as intra-group transactions, these movements prevent the correct reading of the group's debts, income and expenses, and generate a certain imprecision in the restitution of the group's consolidated financial statements.
However, financial movements between subsidiaries have no impact on the group's consolidated turnover since the sum of transactions carried out between the entities is zero. In addition, the administrative management of these movements generates a cost (invoices/payments/collections) which increases if they require external financing or impact several currencies.
The implementation of an intra-group netting system increases the reliability of the group's consolidated figures, eliminates unnecessary financial movements and reduces related administrative burdens.
Netting solution page .
