Make the Change Once, Efficiently Run the Updated Multi-Company Report
Things change frequently when companies have multiple locations. Mergers, acquisitions, and divestitures are just a few of the activities that can impact your accounting workflow.
One way SBS eases the pain of multi-entity accounting is with flexible financial reporting. The same report can be run across all of your departments, locations, and entities to provide timely and accurate insight.
When the inevitable change happens, and you need to update a row or two in your report, all you have to do is modify one report. Running the updated report is efficient too. Just select the updated report, choose your entities, and run!
Less robust accounting systems may require that you create a separate version of the same report for each entity in your system. That means when you want to update a report every individual copy of the report must be changed. Many of our customers have 30, 40, 50 (or more!) companies. Needless to say, they are pleased with the amount of time they save with our streamlined financial reporting.
