The ability to greatly simplify multi-entity accounting is just one of the reasons why enterprises have relied on Flexi for over 25 years. Our accounting software is uniquely designed to handle the complex consolidation and reporting needs when multiple companies, divisions or global entities are involved.
Flexi simplifies multi-entity accounting by streamlining processes that typically keep accountants up at night, such as:
Consolidations - Continuous close capabilities allow the CFO to gain immediate views of consolidated financials and easily move through the soft close and period close processes.
Intercompany Postings - Automatically post a transaction across multiple entities in a single screen, ensuring books for both “due to” and “due from” are always in balance.
Acquisitions - Newly acquired companies can be integrated faster with Flexi’s multi-tenant architecture and ability to rapidly clone company setups.
Currencies - When global operations are involved, financials can be easily viewed in local currency for field operations, or standardized into a single currency for headquarters purposes.
Reporting - Reporting and analysis benefits from real-time visibility with instant roll-up reporting or consolidations.
Auditing - With our tightly integrated platform, all transactional data, along with workflow documentation and approvals, are visible with a click of a button – right down to the journal entries.
Examples of Multi-Entity Companies We Help
Consolidating multiple companies, products and/or divisions can add weeks of time to the financial close process, but that doesn’t need to be the case. Flexi’s software was built to perform, saving finance teams hours and weeks of time in these industries and many more:
Logistics and Transportation
Building and Construction
Featured Case Study
See why this customer chooses Flexi’s technology as its finance and accounting solution to support 8,000 hospitality entities.
Because Flexi’s focus is on finance and accounting, they offer rich features that are not typically found out-of-the-box. Other providers we considered hadn’t put the level of thought and detail into automating accounting processes like Flexi had.
Integration That Simplifies Multi-Entity Accounting
Our open architecture allows flexibility to choose stand-alone modules as business needs dictate. But enterprises will gain the ultimate speed and power with our entire financial management software platform, uniquely designed to allow financial data to flow securely wherever it is needed, with full integration into your other proprietary or third-party systems.
Flexible Technology, Built for the Enterprise
Accounting is on a fast track toward automation, and Flexi is a partner you can count on to help you usher in this new era of productivity. Our flexible software is designed to grow with you, so you’ll never find your accounting software obsolete. Here are just some of the added benefits your finance team will experience with Flexi:
- Less paper, and no manual errors
- Faster period close
- Real-time financial updates – whenever and wherever needed
- Standardized workflow with built-in approvals
- Mobile access to financials through any device
- Visualization tools with real-time visibility of every transaction and complete audit trail
Request a demo and see what Flexi can do for you.
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