InDevCo Achieves ROI Fast with Multi-Entity Accounting

The challenge: QuickBooks couldn't keep up with growth

InDevCo began searching for a new accounting solution as the number of real estate properties in their portfolio grew exponentially. With each new development, three additional entities were created — quickly adding up to dozens of companies. QuickBooks Desktop (QBD) couldn’t scale with this growth. Users were forced to log in and out of separate databases just to update financial information, leading to inefficiencies and wasted time reconciling numbers across systems.

InDevCo needed a more scalable solution to manage their expanding portfolio. “I first came across Gravity when our company only had about 20 entities,” says Rette Rankin, Controller at InDevCo. “As our business continued to grow, I was working inefficiently to keep up with each entity in QuickBooks. I was logging in and out of programs, wasting valuable time. It got to the point where I nearly hired another accountant just to keep up with the workload. We needed a Software-as-a-Service (SaaS), web-based system that could handle our growing portfolio—and selecting Gravity Software saved the day.”

The search for a cloud-based, multi-entity accounting solution

Gravity Software proposed a cloud-based, multi-entity accounting solution that streamlined InDevCo’s operations immediately. Instead of logging into separate company files, users could now access all entities with a single login — dramatically improving efficiency and accuracy.

With Gravity, InDevCo could:

Enter a single transaction and allocate it across multiple companies.
Eliminate duplicate data entry and reconciliation.
Automatically balance intercompany transactions.
Consolidate financial reports in real time.

These features gave InDevCo’s team instant visibility across their portfolio. Reports that once required hours of manual work were now available on demand — consolidated, accurate, and ready for review. The time and effort saved equated to the workload of an additional staff member — without having to hire one.

The result: ROI in 3 months, no additional staff needed

After implementing Gravity Software, InDevCo quickly saw measurable results. They now manage over 90 entities in a single database with just one login. The software’s powerful reporting and automation capabilities meant that no additional staff were needed — even as the company continued to scale.

“The implementation was fantastic,” says Rankin. “I was initially apprehensive about managing so many companies and being the sole person on our team responsible for implementation. But John Silvani [Gravity’s founder] was incredibly knowledgeable and responsive. We had the entire system up and running in under two months.”

With Gravity’s custom dashboards and advanced report writer, InDevCo gained deeper visibility into their operations. Reports that used to take hours to compile were now available in seconds — helping leadership make faster, more informed decisions. Compared to hiring another full-time accountant, Gravity delivered a return on investment in less than three months.

About InDevCo

InDevCo, Inc. (InDevCo) is a real estate and tax consulting firm in Atlanta, GA. They provide private equity capital to projects with desirable social outcomes and attractive economic returns. InDevCo’s clients include developers, private investors, commercial banks, and land owners with timber and farm interests.

Industry: Real Estate

Number of Gravity Users: 2

Number of Entities: 90

Previous Accounting Solution: QuickBooks Desktop

Key results:

Multi-entity synergies

The team benefits from managing its 90+ multiple entities in a single database and from automated intercompany management.

Keeps staff count consistent

InDevCo avoided hiring another accountant — just by using Gravity.

Increased overall efficiency

With one login and seamless consolidation, the team no longer wastes time with manual processes.

Unprecedented reporting capabilities

Access key insights in real time with Gravity's multi-dimensional reporting.

Ready to simplify multi-entity accounting?

See how Gravity Software can help your team save time, improve accuracy, and unify financial management.

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The Controller's perspective: Increased visibility without increased staff

InDevCo continues to grow its real estate portfolio confidently — knowing its financial operations can scale alongside it. Gravity Software has simplified workflows, eliminated manual processes, and centralized all company data into one easy-to-navigate platform.

“Gravity streamlined our workflow process and consolidated all of our companies into one user-friendly database. With Power BI dashboards tailored to our needs, we gained better visibility without needing to hire another accountant.”

Rette Rankin, Controller, InDevCo

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