We hear family offices complaining about increasingly complex ownership and multi-entity structures, making it impossible to manage client assets, reporting and month-end close without burning out their accounting team or having to hire additional staff.

Did you know that Sage Intacct has become the ideal accounting software for single and multi-family offices and wealth managers? It's used to manage over $500 billion in assets.

Sage Intacct's popularity stems from being able to consolidate hundreds of entities with the click of a mouse (at month end or any time), automate inter-entity transactions, and monitor it all in real-time on custom dashboards without extra software or IT support – so you can leave QuickBooks, Dynamics GP and the spreadsheets behind and not have to hire additional accounting staff to manage more entities or clients.

And month-end can be complete in hours instead of days or weeks.

 

Is QuickBooks Limiting Growth for Your Multi-Entity Organization?

If you're trying to make QuickBooks work for your growing multi-entity company, you've likely struggled with the accounting solution's lack of complex capabilities. QuickBooks works well for small businesses up to a certain point, but once an organization begins adding entities, it's often time to consider upgrading to a new financial accounting solution. We've previously discussed 4 major limitations of QuickBooks for multi-entity accounting. In this blog, we're delving into some additional multi-entity accounting functionality that QuickBooks can't perform. Have you struggled with any of the following?

 

by Saeward Schillaci, The Resource Group

Solver’s BI360 Cloud is a Corporate Performance Management (CPM) solution that provides mid-market businesses with budgeting, reporting, data warehouse, and dashboard functionality. BI360 is a popular business intelligence solution that uses the Excel interface and has historically been sold as on-premises software, with the option of subscribing to a web portal. However, as the market continues to shift more and more towards cloud-based financial software, Solver has recently released BI360 Cloud as a true cloud-based solution, in addition to continuing to offer BI360 as an on-premises option. 

This is the final post in our five-part series 5 Tips for a More Dynamics Supply Chain. In our previous posts we looked at how to avoid a disruption in your supply chain, how to share ideas, how to turn big data into insight and how to embrace change.