Sage Intacct Multi-Entity: 10 Powerful Benefits You Need to Know
Managing the financials of a company with multiple entities can be a daunting task. Keeping track of different budgets, expenses, and revenue streams across various locations or departments requires a […]
Centralized Purchasing: 8 Best Practices for Streamlined Procurement
If you’re in charge of purchasing for a large organization, you know how important it is to have a streamlined procurement process. Centralized purchasing, which involves consolidating all procurement activities […]
Consolidated Financial Statements: Decoding the Basics
If you’re a business owner, investor, or financial analyst, chances are you’ve come across consolidated financial statements in your line of work. These statements provide an overall picture of a […]
Multi-Entity Accounting: Common Challenges and 8 Solutions
If you work in a company that has multiple entities, you know how challenging it can be to manage the accounting for each one. Multi-entity accounting is a complex process […]
Financial Consolidation: Top 9 Issues and How to Overcome Them
One of the most crucial processes in managing a company’s finances is financial consolidation. However, despite its importance, many companies struggle with various issues when it comes to financial consolidation. […]
Intercompany Transactions: Everything You Need to Know + 14 Strategies for Success
If your business operates multiple entities, chances are you will engage in intercompany transactions. These are financial interactions between different entities within the same parent company. These transactions can range […]
Protecting Data: Value Practices and Policies Required for Strong Security
With financial management often being a core system of record for businesses, ensuring the security of financial data is essential due diligence for any organization. As a protector of the […]