Benefits of a
Multi-Company
Accounting
Solution

Updated: October 2025

VIEW THE INFOGRAPHIC

Table of contents

Request a demo
x

See how Gravity compares to leading cloud accounting solutions. Request a demo.

Icon of person sleeping in bed with Z’s representing CFOs losing sleep over financial reporting challenges

97%
of CFOs admit that they lose sleep at night over financial reporting*

Icon of financial reports and spreadsheets representing CFOs’ lack of visibility into business-critical financial data

43%
of CFOs do not know how many spreadsheets are in use for business-critical information*

 

Abacus icon with fingers counting, representing CFOs spending too much time manually checking financial numbers

50%
feel they spend too much time manually checking numbers*

*According to a survey by Workiva and FSN.

As organizations grow, financial operations become increasingly complex. Managing multiple entities often means juggling spreadsheets, disconnected systems, and manual reconciliations that delay decisions and increase the risk of error.

A modern multi-company accounting solution centralizes your data, automates intercompany transactions, and delivers real-time insights across all entities—so your finance team can focus on strategy, not spreadsheets.

Industry studies show that many finance leaders continue to struggle with reporting accuracy, data visibility, and overreliance on spreadsheets. Gravity Software helps eliminate that uncertainty by unifying every entity in one secure, intelligent accounting platform built for growing, multi-entity organizations.

  • When growth outpaces your multi-entity accounting tools

    • When growth outpaces your multi-entity accounting tools

    Gravity Software dashboard icon representing real-time financial visibility and reporting across multiple entities

    As your organization expands, so does financial complexity. Managing multiple entities often means juggling spreadsheets, separate databases, and manual reconciliations — leaving your finance team overwhelmed and CFOs awake at night.

    Even in 2025, 90% of organizations still rely on spreadsheets to manage their financial operations, while 58% of finance leaders say Excel remains their primary automation tool. Despite advancements in technology, many companies continue to struggle with fragmented systems and manual reporting processes.

    This reliance on outdated methods results in:

    • A lack of real-time visibility across entities

    • Slow month-end closings due to manual consolidations

    • Inconsistent data across systems and subsidiaries

    • Higher risk of errors that delay financial decisions

    When financial data is siloed, strategic insights become reactive instead of proactive — holding your business back from scaling efficiently.


    (Sources: AutoRek 2025 survey; The CFO Digital Transformation Report 2024; DataRails CFO Survey.)

  • Recognizing the need for change

    • Recognizing the need for change

    iPad icon with video player representing on-demand demo of Gravity Software’s multi-entity accounting solution

    If your finance team spends hours consolidating data or reconciling intercompany accounts, your current system may no longer fit your needs. Entry-level tools like QuickBooks or legacy systems weren't designed for multi-entity organizations.

    A multi-company accounting solution eliminates these inefficiencies by:

    • Centralizing financial data

    • Automating intercompany transactions

    • Providing real-time visibility across entities

    The result? More time for strategic decision-making, less time in spreadsheets.

    Watch the 7-minute highlights of Gravity Software

    See how Gravity simplifies multi-entity accounting in just seven minutes—saving time, improving accuracy, and delivering real-time insights.

    You’ll see how to:

    Watch the highlights below.

    Ready to explore your own setup? Schedule a personalized demo.

  • The benefits of a multi-company accounting solution

    • The benefits of a multi-company accounting solution

    “Gravity Software multi-entity icon representing connected companies and consolidated financial management

    As your organization grows, financial management becomes more complex. A multi-company accounting solution helps your finance team move beyond spreadsheets and manual reconciliations by automating consolidations, streamlining intercompany transactions, and providing real-time visibility across every entity.

    Instead of juggling disconnected systems or maintaining separate databases for each subsidiary, you can manage everything from a single platform. With Gravity Software, your business gains centralized control, accurate reporting, and scalable automation that supports growth—without the cost or complexity of an enterprise ERP.

    Your finance team deserves a solution that scales as you do. Here’s how Gravity Software simplifies complex multi-entity management:

    1

    Multi-company financial and operational reports

    Automatically consolidate financial and operational reports across entities for a complete, real-time view of your organization.

    2

    Intercompany billing

    Generate one invoice from the parent company and distribute it across multiple subsidiaries with automated templates. 

    3

    Intercompany transactions

    Post one voucher across companies to manage intercompany transactions effortlessly. Balances are automatically maintained.

    4

    Multi-company cash receipts

    Process payments for multiple entities in one step—streamlining cash flow and maintaining accuracy across accounts.

    5

    Simplified shared expenses

    Enter shared expenses once and automatically distribute them across companies, maintaining accurate “due to” and “due from” accounts.

    6

    Shared master files

    Share vendors, customers, and chart of accounts data across all entities. Update once and stay consistent everywhere.

    7

    Multi-currency management

    Operate globally with ease. Each entity can function in its own home currency while consolidating reports in a unified reporting currency.

    8

    Real-time reporting

    Access accurate, cross-entity data through Microsoft Power BI dashboards. Make faster, data-driven decisions at every level.

    9

    Reduce costs

    Eliminate redundant systems and licenses. One platform handles your entire organization efficiently and affordably.

    10

    Increased operational efficiency

    Centralized data and automated workflows deliver faster closings, cleaner reconciliations, and confident reporting across all entities.

  • Why businesses choose Gravity Software

    • Why businesses choose Gravity Software

    Gravity Software logo representing cloud-based multi-entity accounting solution built on Microsoft Power Platform

    Gravity Software is purpose-built for growing, multi-entity organizations that have outgrown entry-level systems like QuickBooks but don’t need the cost, complexity, or overhead of traditional ERP software.

    Here’s why finance leaders are choosing Gravity as their next accounting solution:

    By combining automation, integration, and business intelligence, Gravity Software helps mid-sized businesses simplify complex financial operations, improve accuracy, and gain a single source of truth across all entities.

  • Explore resources to help you choose the right multi-entity accounting solution

    • Explore resources to help you choose the right multi-entity accounting solution

    G2 'Users Love Us' badge, recognizing Gravity Software for its high customer satisfaction with an average rating of 4.0 stars or higher

    As your business grows, choosing the right accounting system becomes one of the most important decisions your finance team will make. The right solution should scale with your organization, simplify multi-entity management, and deliver the visibility you need to make confident financial decisions.

    Whether you’re comparing systems, evaluating your next step after QuickBooks, or simply exploring how Gravity Software works, these resources will guide you through the process.

    One database advantage
    Learn why finance teams are replacing spreadsheets and disconnected files with a single database that unifies every entity, transaction, and report in Gravity Software.
    Multi-Entity Accounting Guide
    Get an in-depth look at multi-entity accounting—from automation and consolidation to real-world examples and best practices from leading finance teams.
    Best QuickBooks Replacements
    Explore 2025’s leading QuickBooks alternatives for multi-entity accounting and discover how Gravity Software simplifies consolidations and intercompany management.
    Hospitality Accounting Success
    Discover how 360 Destination Group streamlined five companies’ accounting with Gravity’s Microsoft-integrated platform, eliminating redundant work and improving visibility.
    Built-in Power BI
    See why accounting software with native Power BI beats standalone BI on cost, integration, and real-time multi-entity dashboards across your Microsoft stack.
    The Ultimate Cloud Accounting Guide
    Understand what drives cloud accounting adoption, how to compare solutions, and why Gravity Software is the ideal platform for growing multi-entity organizations.
    Sage Intacct vs. Gravity
    Discover how Gravity Software delivers the power of ERP without the complexity—combining automation, Power BI insights, and multi-entity accounting in one system.
    7-Minute Highlight Demo
    Get a fast look at how Gravity Software simplifies multi-entity accounting with automation, AI, and Microsoft Power BI integration.
    Beyond QuickBooks Online
    See why growing, multi-entity firms outgrow QBO—and how Gravity delivers true consolidations, intercompany automation, and Power BI reporting without workarounds.

    Get started with Gravity Software today!

    Streamline accounting, automate consolidation, and gain real-time visibility — all in one platform.

    Contact us or schedule a personalized demo to see how Gravity Software helps multi-entity organizations work smarter, not harder.

     
    CONTACT US
     
    SCHEDULE DEMO