For any CFO or finance leader, managing financial data across multiple subsidiaries, business units, or even countries can feel like an endless puzzle. Month-end close drags on, reconciliations multiply, and by the time reports are ready, the numbers are already outdated. Traditional ERPs or accounting systems—often a mix of legacy tools and spreadsheets—simply aren’t designed to handle real-time multi-entity consolidation.
This is where Sage Intacct changes the game. Its multi-entity architecture was built from the ground up to eliminate the complexities of consolidations, giving finance teams speed, accuracy, and visibility they never thought possible.
The Traditional Consolidation Struggle
Most companies with multiple entities face the same challenges, such as:
- Manual Intercompany Eliminations
Every time an invoice, payment, or transfer happens between entities, accountants have to identify and manually eliminate it from consolidated reports. This is not only time-consuming but error-prone. - Currency Conversions
For global businesses, exchange rates add another layer of complexity. Without automation, every adjustment means manual journal entries and revaluations. - Disparate Charts of Accounts
Subsidiaries often use slightly different account structures, making it difficult to roll everything up consistently. - Delayed Reporting
By the time consolidations are finished, they’re already weeks old—limiting leadership’s ability to make timely decisions.
The result? Finance teams spend 80% of their time preparing data and only 20% analyzing it.
How Sage Intacct Solves These Challenges
Sage Intacct takes consolidation from a painful compliance exercise to a strategic finance advantage. Its built-in features include:
- Automatic Intercompany Eliminations
Instead of digging through spreadsheets, Sage Intacct automatically identifies and eliminates intercompany transactions across entities, ensuring accuracy without hours of manual work. - Real-Time Currency Management
Exchange rates update automatically, and the system handles revaluations at both the entity and consolidated level. CFOs can view consolidated financials in both functional and reporting currencies instantly. - Shared & Flexible Chart of Accounts
Subsidiaries can maintain unique accounts if needed, but everything still rolls up seamlessly into a unified structure for consolidation. - One-Click Consolidations
Whether you’re consolidating 5 or 50 entities, the system can produce consolidated financials in minutes—across balance sheets, income statements, and cash flows. - Role-Based Access & Views
CFOs and corporate finance teams see consolidated data, while managers and local accountants only see their entity’s financials. This reduces risk while keeping reporting transparent.
Feature Spotlight: Continuous Consolidation
One of the most powerful features of Sage Intacct is its continuous consolidation capability. Instead of waiting until month-end, the system automatically rolls up transactions in real time.
This means:
- Leadership can check consolidated P&L or balance sheet at any point.
- Finance teams don’t have to scramble during close—they’re already ahead.
- Decisions about expansion, cost control, or investments can be made with up-to-date numbers, not estimates from last quarter.
Real-World Example
A professional services company with 15 subsidiaries across 6 countries was struggling with consolidation. Their finance team relied heavily on Excel sheets, taking 20–22 days each month just to close the books. Errors were common, especially around intercompany eliminations.
After moving to Sage Intacct with AccFin Outsourcing’s consulting team:
- Month-end close dropped to 5 days.
- Consolidated reports could be generated on-demand in real time.
- CFO gained immediate visibility into performance by region, currency, and subsidiary.
- Finance staff were freed from grunt work, allowing them to focus on strategic analysis instead of repetitive reconciliations.
Why This Matters for CFOs
In today’s global economy, speed and accuracy are non-negotiable. Companies expanding into new geographies or industries can’t afford weeks-long delays in consolidated reporting.
With Sage Intacct’s multi-entity consolidation:
- Compliance improves – automated processes reduce errors.
- Efficiency improves – finance teams cut close cycles by up to 70%.
- Decision-making improves – leadership gets faster insights.
This isn’t just about faster books—it’s about making finance a real-time strategic partner to the business.
AccFin’s Role
At AccFin Outsourcing, we specialize in helping clients unlock the full potential of Sage Intacct’s multi-entity features. From designing the right entity structures to automating eliminations and setting up custom reports, we ensure you’re not just implementing software—you’re transforming finance.
📩 Struggling with consolidation? Write to us at info@accfinoutsourcing.com and see how AccFin can help you close faster, report smarter, and grow with confidence.
