Intercompany Matching and Elimination

Overview

This Starter Kit helps consolidation teams complete intercompany matching early in the close cycle so breaks are resolved with sufficient time before elimination entries are required. Differences are diagnosed and cleared systematically and out-of-balance positions are visible to the consolidation team in real time.

In addition to core workflows, this kit includes guidance for effectively using AI tools alongside the workflows to enhance output.

What problem does it solve?

Intercompany matching starts too late in the close cycle, break root causes are unclear between entities, currency and timing differences are resolved manually, and the consolidation team has no real-time view of open out-of-balance positions.

What’s included?

• Early-Cycle Intercompany Balance Matcher. Initiates intercompany matching early in the close cycle so breaks surface with enough time to resolve before elimination.
• Entity-Difference Root Cause Analyzer. Diagnoses the source of matching differences between entities so the correct counterparty can resolve the break directly.
• Complete-Position Elimination Entry Builder. Generates elimination entries from a complete view of all intercompany positions so nothing is missed at consolidation.
• Currency and Timing Difference Handler. Isolates and adjusts for currency and timing differences between entities so matching failures are attributable and resolvable.
• Real-Time Out-of-Balance Position Monitor. Provides real-time visibility into intercompany out-of-balance positions so the consolidation team can intervene before the end of the close window.
• Optional AI Guidance. Learn how to generate financial commentary using AI.

Extending your workflow with AI

This Starter Kit is AI-ready, meaning it’s designed to help you leverage AI tools more effectively with structured, analysis-ready data. With this Starter Kit, you can:

• Prepare high-quality, structured data ideal for LLMs
• Apply AI tools more effectively and consistently
• Combine deterministic analytics with generative AI for enhanced outputs

How it works:

• Build and run the Alteryx workflow to prepare and analyze your data
• Export structured outputs
• Use the included guidance to input results into your preferred LLM

How to use this Starter Kit?

After downloading, you’ll be redirected to our How to Use Starter Kits page for step-by-step guidance on installing, locating, and exploring Starter Kits in Alteryx.