SAP Intercompany Financial Hub is a solution that centralizes and streamlines intercompany reconciliations, netting, and settlement facilitation. It allows for central governance of intercompany agreements and manages trading relationships to minimize disputes and out of balance situations between entities. The solution manages all the complexity inherent to intercompany accounting and intercompany reconciliations, including issues over currency exchange rates, transaction amounts, recorded taxes, journal entry creation, invoicing, and approval workflows. It is data source agnostic and interfaces with a company’s disparate source systems to centralize data in one location for data integrity and regulatory compliance.