Multi-Entity Financial Management
by HSO
Easily automate and streamline the setup and management of multiple, complex legal entities
For many companies, the process of managing multiple entities and global operations is complicated, time-consuming, and error-prone. This can be a real challenge, especially at a time when regulatory scrutiny is more intense than ever.
HSO's solution for Multi-Entity Financial Management is built on Microsoft Dynamics 365 Finance (formerly AX) and delivers all the functionality your finance team requires to automate all the processes needed to set up and maintain multiple entities effectively and efficiently.
This solution lets you:
- Consolidate hundreds of entities on multiple levels in minutes, regardless of complexity, using just a couple of clicks.
- Build workflows that simplify and secure processes by supporting master data management and segregation of duties.
- Use a single workflow to manage mutli-entity transaction imports
- Take advantage of robust, flexible fund accounting.
- Quickly set up entities and keep them synchronized
Fast, simple consolidation for even the most complex structures
Enhanced consolidation features are optimized to support advanced structures with hundreds of entities at many levels, and that includes entities with multiple currencies, currency translations, revaluations, and eliminations. Gain traceability, accuracy, visibility, and security using an easily configurable graphical representation of your legal entity structure consolidation.
Robust fund accounting that extends ERP
Extend Dynamics 365 with robust fund accounting features that help you streamline accounting across multiple entities. Work more efficiently and offer more options to your customers or investors.
Secure workflows for efficient master data management
Streamline your transaction approval process with secure workflows for your master data management. Enforce segregation of duties (SoD) for workflows you create for financial dimensions, main accounts, vendors, and more to ensure secure and efficient approvals.
Multi-entity transaction imports using a single workflow
Using a configured template, you create ledger, customer invoice, vendor invoice, bank, fixed asset, and project transactions for multiple entities quickly and easily. Save time by using a single workflow to automate a multi-entity Excel import. Approve only one time before allocating to the various entities.
Ensure seamless integration with business-critical systemsEnsure seamless integration with business-critical systems.
Ensure seamless integration with business-critical systems
As your organization expands and acquires new companies or creates a new entity, it can be a major hurdle to get their systems to integrate with yours. Even when using tools like Scribe and KingswaySoft, the task can still be time-consuming and cost prohibitive.
Multi-Entity Financial Management works seamlessly with any system, including Salesforce, Oracle, or other on-premises application or custom-developed website or portal, allowing data and processes to flow. Leverage advanced features to automate processes, save time, and increase the accuracy of your financial data, helping you achieve greater visibility for smart decision-making and regulatory compliance.
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