For multi-subsidiary companies, managing intercompany transactions and allocations across subsidiaries can be complex, time-consuming, and prone to error. On top of that, for certain international companies, meeting regulatory requirements, such as maintaining “arms-length” transaction records, adds further challenges that often require tedious manual entries and coordination between entities. Shared Transactions automates these processes directly within NetSuite, ensuring that both sides of intercompany transactions are accurately recorded without manual intervention. By reducing compliance risks, eliminating repetitive entries, and providing real-time visibility across entities, Shared Transactions empowers finance teams to streamline global operations and focus on strategic financial work.