As companies expand, accounting complexities multiply. It might be new locations and franchises. It could be new lines of business or international subsidiaries. Or you could acquire new businesses in different markets. When that happens, the organization hits the wall with consolidations.

For instance, different subsidiaries use different charts of accounts or different programs and tools. It’s not uncommon for companies to spend days or weeks just rolling up disparate and fragile spreadsheets to create consolidated results. And of course, that introduces security issues and risks of unseen errors.

Sage Intacct automates financial consolidations including currency conversions, inter-entity transactions, local tax reporting, and more, eliminating the external spreadsheets and manual efforts. With Sage Intacct, you close the books faster, enabling you to view interim summary figures at any time.

Download this eBook to learn the important ways Sage Intacct supports multi-entity organizations as they transition away from QuickBooks.