The previous solution SAP ICR already includes some functions that enable an improved reconciliation process. With SAP ICMR, SAP has fundamentally revised this process and added intuitive and automated enhancement solutions.
SAP ICMR reconciles the documents of the respective subsidiaries using flexible intercompany matching and reconciliation rules. In addition, the tool provides a variety of communication functions with which the analysed differences can be processed.
Companies can reconcile large amounts of data from various companies with each other in a structured manner. This is made possible by the flexibility in communication via SAP Fiori, the integration of workflow-based processes and/or via the option of automated correction postings.
The reconciliation results can also be clearly displayed graphically and follow-up processes are transparently logged. By linking ICMR with Group Reporting, it is also possible to trigger elimination entries from the intercompany reconciliation in preparation for the consolidated financial statements.
SAP ICMR offers the following basic functions: