Organizations with subsidiaries in Germany or abroad that process receivables and payables within their organization can benefit enormously from our new TiCom InterCompany module.
Companies with multiple locations and centralized order acceptance and allocation can use it to streamline document creation and save labor.
PRACTICAL EXAMPLE: HS TIMBER GROUP
The initial situation
HS Timber Group, headquartered in Vienna, operates four sawmills in Romania and Germany. With a cutting capacity of approximately 5.3 million solid cubic meters, the company supplies customers in over 70 countries worldwide. Since Jan. 1, 2018, the company Dr. Anna Bauthen Gesellschaft (DABG for short) has been a wholly owned subsidiary of HS Timber Group GmbH and exclusively handles the distribution of HS Timber Group products in Japan. In the past, the individual transactions between DABG and the sawmills of the HS Timber Group were created with a great deal of manual effort. The InterCompany module, the new addition to our TiCom ERP, provided a remedy. Read more in our practical report: