Campfire streamlines intercompany billing by automatically generating invoices between related entities based on predefined agreements and allocation rules. Whether charges relate to shared services, management fees, licensing, or cost-plus arrangements, the system creates matching entries on both the billing and receiving sides. This removes the need for manual invoice creation and ensures that every intercompany charge is captured consistently.
Intercompany billing in Campfire supports configurable pricing models including fixed fees, percentage-based allocations, and market-rate transfer pricing. The system applies the correct rates and formulas automatically, reducing the risk of pricing errors that could create compliance issues. All billing calculations are documented and auditable, helping organisations demonstrate arm's-length pricing to tax authorities.
Every intercompany invoice flows directly into the consolidation process, where corresponding entries are automatically matched and prepared for elimination. This tight integration means finance teams spend less time reconciling intercompany balances and more time on analysis. The result is a cleaner, faster close with fewer manual adjustments between entities.
Why Campfire Stands Out
