Manage intercompany positions and transactions in one platform
Centralise intercompany positions, automate interest accruals, and settle invoices against running balances — without moving physical cash between banks. Settlements execute automatically, GL entries post in both entities' ERPs simultaneously, and variable-rate interest tracks daily with live reference rates.
Centralise your group's financial operations
Intercompany relations configured once across currencies and interest types
Create a relation between any two legal entities with full control over currency, start date, opening balances, GL accounts, and interest terms — fixed, variable, or non-interest-bearing. Multiple relations per entity pair are supported, one per shared currency.
Variable interest rates update automatically at every fixing date
For variable-rate instruments, the latest reference index (e.g. EURIBOR + spread) is pulled at each revision date and interest recalculated instantly. No manual formula updates, no missed reset dates — rates stay current across every relation.
Every intercompany transaction accessible instantly for review
Open any relation to see its full transaction history, filtered by creditor and debtor products. Access the same data from the Balance tab, Interest tab, or Relation details sidebar — one click from any entry point.
Intercompany accounting automated across both entities' ERPs
Every transfer, settlement, and capitalisation generates GL entries in both entities' ERPs simultaneously. Ledger accounts are assigned during relation setup; from that point, accounting runs without manual journal entries.
Net intercompany positions monitored in real time with ERP integration
A centralised dashboard shows outstanding balances, daily accrued interest, and full transaction history for every intercompany relation. Data updates automatically with every movement, replacing manual spreadsheet consolidation.
Daily interest accrual with one-click capitalisation into the ledger
Interest accrues daily using the Actual/Actual convention based on end-of-day balances. When the period closes, capitalise in one click — interest moves from Pending to History, debt balances update, and GL entries post automatically.
Full-cycle intercompany automation from transaction to ERP posting
Direct subsidiary transfers
Cash moves directly between subsidiaries, bypassing the holding intermediary. One transfer instead of two cuts banking fees and accelerates settlement.
POBO and COBO reconciliation
TellMe generates mirrored GL entries for both entities on every on-behalf-of transaction. For external collections, matching candidates surface automatically for one-click confirmation.
Cashless invoice settlement
Invoices settle directly against the running intercompany balance, eliminating physical cash transfers. Pending settlements surface for individual or bulk approval.
Multi-ERP bidirectional integration
Bidirectional connectors with SAP S/4HANA, Business One, ByDesign, Dynamics 365, NetSuite, Sage, and Datev keep books aligned across every entity without manual journal entries.
Integrated liquidity reporting
Intercompany cash flows and balances feed directly into group-wide liquidity and cash flow reports. No manual data entry, no reconciliation between local and consolidated views.
Configurable interest terms
Choose fixed, variable, or non-interest-bearing terms per relation. Spread, day-count convention, and fixing frequency are set once and applied automatically.
The intelligence behind Embat
What does TellMe do?
Everything your finance department needs:
Liquidity optimisation
Optimise your liquidity allocation across all entities and currencies
Your cash position across all entities and currencies is analysed automatically, with optimal allocation moves suggested to maximise returns and minimise costs. All transactions are reconciled through the intercompany and accounting module, closing the loop without manual intervention.
The measurable impact of automated intercompany operations
Faster processes with fewer errors
Eliminate manual tasks and free up time for analysis with automated intercompany operations.
Complete visibility into intercompany activity
Monitor intercompany balances in a centralised platform without manual updates.
Security and accuracy in internal processes
Ensure precision in the accounting system by automating processes, reducing manual errors, and increasing confidence in financial data.
Time and cost optimisation
Reduce bank transactions and operational costs by automating intercompany transaction accounting across legal entities.
Ready to see what an Intelligent Treasury can do for you?
Book a demo tailored to your specific challenges and see how Embat can transform your finance operations in weeks, not months.
Frequently Asked Questions (FAQ)
Embat automatically converts all intercompany balances to your functional currency using real-time exchange rates, reconciles positions across all currencies simultaneously, and provides complete visibility into FX exposure. Reconciliation is continuous (not month-end), auditable, and handles all edge cases (revaluation, settlement timing, netting).
Yes. Embat generates GL entries for every intercompany transaction and posts them directly to your ERP in the correct company code, cost centre, and account codes. The process is fully automated, bi-directional, and works with SAP, NetSuite, Oracle, Microsoft Dynamics, and other major ERPs. No manual GL posting required.
Yes, absolutely. Embat is ISO 27001 and SOC 2 certified. All transactions are encrypted (both in transit and at rest), access is role-based with approval workflows, and every action is auditable. Your intercompany transactions are protected at enterprise grade.
Embat is purpose-built for intercompany accounting with full automation (no spreadsheets), real-time visibility (not month-end surprises), multi-currency support, and enterprise-grade security. It's trusted by 300+ corporate finance teams managing £200bn+ in intercompany flows annually. It transforms intercompany from a cost centre to a strategic function.