Fast multi-entity consolidations: Weeks to minutes guide
Run multi-entity consolidations fast with Sage Intacct
Managing multiple entities doesn’t have to mean drowning in spreadsheets and manual processes. Sage Intacct redefines how finance leaders streamline multi-entity financial management, allowing you to save time, reduce errors, and gain real-time visibility into your entire organization.
With continuous consolidation, real-time reporting, and strategic visibility, Sage Intacct empowers businesses to manage financial complexities with ease. Take a look for yourself:
The modern finance challenge
If you’re running a multi-entity business, does this scenario sound familiar?
· Consolidations taking days or weeks
· Error-prone manual reporting
· Night and weekend shifts working on board books
· Complex inter-entity transactions that increase the risk of mistakes
For far too many finance leaders, this is the norm. However, with Sage Intacct, you can streamline your multi-entity operations by harnessing automation, simplicity, and real-time dashboards. The result? Consolidations that go from weeks to minutes.
The difference Sage Intacct brings to multi-entity financial management
1. Continuous consolidation
Managing financial consolidations no longer requires massive manual effort at month’s end. Sage Intacct automates the consolidation process, ensuring your books are always up to date. Adjustments, eliminations, and currency conversions are done for you, allowing quicker closes and a more accurate picture of financial health.
2. Real-time reporting and dashboards
Finance leaders no longer have to wait until the books close for insights. Sage Intacct provides real-time dashboards built around KPIs that matter most to your business, such as revenue by entity, net income, or cash on hand. Drill down to create custom reports analyzing performance at the entity or consolidated level.
Key features include:
· Instant consolidated reporting across entities.
· Easy benchmarking through entity group filtering.
· Customizable dashboards for key personnel, such as CFOs or controllers.
3. Streamlined inter-entity transactions
Inter-entity transactions can often be a headache, but Sage Intacct reduces complexity with centralized, self-balancing transaction setups. You can manage inter-entity transactions including due-to, due-from, and direct settlements without repetitive manual entries.
With better traceability and automated journal creation, audits and reconciliations become faster and more transparent.
4. Rapid entity setup
Adding a new entity to your structure usually requires IT involvement and weeks of work. Sage Intacct simplifies the process, allowing entities to be set up in minutes—even with varying currencies and tax requirements.
You get the flexibility to inherit existing processes or configure unique rules tailored to each entity as your business grows.
The benefits of Sage Intacct for finance Leaders
With Sage Intacct, finance departments can:
Reclaim time
Focus on driving strategy instead of getting bogged down in manual tasks. Sage Intacct allows you to reclaim countless hours a month typically spent on consolidations, reporting, and manual inter-entity adjustments.
Gain strategic visibility
Make data-driven decisions with always-accurate, always-up-to-date financial information. Having a clear view of the health of your business has never been easier.
Boost efficiency
Manage financial complexity with better, faster, and more flexible tools. Whether you manage a few entities or a hundred, Sage Intacct scales with your business needs.
Take a look for yourself
Download our infographic and see how Sage Intacct equips finance leaders with the tools they need to drive growth, boost agility, and streamline operations across multiple entities.
