Case Study: Perstorp Solves Month-End Intercompany Reconciliation with Coprocess

Perstorp - Customer Case Study

Perstorp, a world leader in specialty chemicals with 10 production plants and 26 sales offices, was facing month-end intercompany reconciliation challenges. Their issues included mismatches from delayed or incorrect AP bookings, unclear dispute ownership, manual adjustments to the consolidated balance sheet, potential P&L misstatements, audit comments, and heavy time pressure across fragmented manual processes.

To address this, Perstorp implemented Coprocess Recon, using automated matching, AR/AP uploads, mismatching analysis, and reporting tools such as confirmation of outstanding balances and recon subtotals. The Coprocess solution delivered time savings, improved accuracy, and a simpler consolidation process, helping Perstorp streamline month-end reconciliation and reduce manual work.

Perstorp