All business owners want to see their companies succeed and grow. But sometimes the restraints of using manual processes to manage multiple entities scares owners away from expanding. Don’t let the struggles of managing multi-entity organizations hold you back from success. Sage Intacct provides users the ability to save time, money, and avoid the headaches associated with multi-entity organizations.
Many multi-entity organizations struggle with decentralized payables and inter-entity transactions. A global business, that must process multiple currencies, is even more complicated. Manual processes and inefficient software cannot meet these challenges and often stop finance teams in their tracks. With Sage Intacct multi-entity organizations can streamline their diverse and global consolidations and eliminate manual processing, so finance teams can focus on growth and close the books 25-70% faster!
Sage Intacct allows you to close quickly with
- Journaled consolidations.
- Get granular visibility with eliminations and currency impacts recorded as journal entries, and easily make post-consolidation adjustments.
- Inter-company eliminations.
- Automate inter-company eliminations at the point of consolidation.
- Real-time reporting.
- Close the books faster and view interim summary figures at any time—your financial statements are ready when you are.
Manage multi-currency needs with
- Currency conversions.
- Use accurate, automated exchange rates for currency conversion and revaluations that stay up-to-date, even as rates change.
- ASC 830/FAS-52 compliance.
- Get ASC 830/FAS – 52 compliant multi-currency consolidation, creating cumulative translation adjustments (CTAs).
If you want growth but are being held back by your current system, a cloud-based accounting solution like Sage Intacct could be the answer. We can help you upgrade to an accounting platform that is a better fit for your needs. Call MicroAccounting today at 855.876.3773 to find out more.