Resource Group Blog 
Read The Resource Group blog to learn about Microsoft Dynamics GP ERP software and Intacct cloud accounting software
CFOs of asset management firms, including both single and multi-family offices, need to manage the organization’s assets to ensure operational efficiency and maximize investment resources. Understanding both your operational finances and your investment mix is key to successfully driving growth for the firm’s portfolio. Whether you’re making decisions about staffing or considering long-term investment strategies, it’s important to have an accurate, detailed understanding of key metrics. With a Sage Intacct dashboard customized for financial services CFOs, you can access important data from anywhere on any device, and understand it in a glance.
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.
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?
