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English to German translations [PRO] Bus/Financial
English term or phrase:inter-group recharges
The company was only able to close its books within 12 days of the month end – this was too long and the CFO initiated a project to cut the time taken down to 5 days. The first step was business process reengineering – bottlenecks were found in data coding, inefficiencies in month-end procedures resulting in higher levels of journal postings, significant manual intervention, and disputed **inter-group recharges**.