Comments on: Challenges for Multi Company Processing

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By: Utah Nursing Home

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By: So How Do You Handle Multi-Company Consolidations? - ERP SoftwareBlog

So How Do You Handle Multi-Company Consolidations? - ERP SoftwareBlog — Wed, 14 Apr 2010 19:39:53 +0000

[...] Challenges for Multi Company Processing [...]

By: r&d companies

r&d companies — Thu, 04 Feb 2010 13:32:06 +0000

The combination of a competitive, global environment and mandatory regulatory compliance makes successfully managing your finances one of the biggest challenges you face.

By: Tad Remington

Tad Remington — Mon, 11 Jan 2010 21:09:05 +0000

We serve the Health Industry and have found the larger healthcare companies, such as long term care (assisted living facilities and skilled nursing facilities), are organized as separate companies for each facility (location), but operate as a single entity. We have found the Multi-Facility product from Binary Stream to be the right software module for this business need.

By: Nancy Phillippi

Nancy Phillippi — Thu, 10 Dec 2009 18:50:38 +0000

George – Thanks for your comment. I totally agree that the Binary Stream solution is a great product for multi-company and/or intercompany processing. Nancy

By: George T

George T — Thu, 10 Dec 2009 17:38:01 +0000

Handling multiple entities has always been a problem in MS Dynamics – Great Plains becuase a single GP database was only designed to handle 1 entity. If you had many entities, you had to have many databases and live with the workability headaches associated with them.

But Biniary Stream Software – a Great Plains solution specialist – has created a solution called Multi-Facility Processing which allows GP to handle MANY entities in 1 GP database. No more logging in and out of 20 databases,no more trying to add a vendor to 20 differenne databases, no more consolidation problems across databases because everything is in 1 GP database.

2 things must be in place for it work. First, all of the entities in the database must have the same year end. Second, if Multi-currency is used, all of the entities must have the same functional / home currency.

Go to http://www.binarystrea.com for more details!