Renewable Energy Accounting Software | Gravity Software

Why renewable energy companies need better accounting software

Why renewable energy companies need better accounting software

The renewable energy industry is evolving rapidly, and companies are navigating a wide range of complex challenges. From forecasting and managing capital expenses to addressing cybersecurity threats and meeting compliance requirements, finance teams are under increasing pressure to stay ahead. Growth often brings added complexity as well, particularly when organizations must scale operations across multiple entities and manage transactions in different currencies.

Unfortunately, many renewable energy companies find that outdated or entry-level accounting solutions create bottlenecks just when agility is most critical. That’s why industry leaders turn to Gravity Software, a cloud-based accounting platform built specifically to simplify multi-entity management. Natively designed on the Microsoft Power Platform, Gravity integrates seamlessly with Microsoft Office 365 and other business applications, giving finance teams the ability to collaborate more effectively, streamline processes, and scale with confidence.

Request a demo today to discover how Gravity helps renewable energy companies reach their fullest potential.

Why renewable energy companies choose Gravity Software

Why renewable energy companies choose Gravity Software

With Gravity Software, renewable energy companies can streamline their financial operations and free up valuable resources to focus on growth. By providing built-in reporting and analytics powered by Microsoft Power BI, Gravity helps finance teams gain actionable insights to make smarter, data-driven decisions. The platform also simplifies global operations by automating multi-currency accounting, ensuring that exchange rates, gains, and losses are accurately calculated across all entities. In addition, companies can reduce delays and complexity by managing approvals through personalized workflows that automate processes across the organization. Together, these capabilities enable renewable energy companies to operate more efficiently, scale with confidence, and stay focused on driving innovation in the industry.

Watch our 7-minute demo video below for an inside look at our solution to see why top renewable energy companies choose Gravity Software.

Benefits of multi-entity renewable energy accounting software

Benefits of multi-entity renewable energy accounting software

Renewable energy companies often juggle multiple entities, subsidiaries, and global operations—creating financial complexity that entry-level systems can’t handle. Too many teams waste hours on manual processes when they should be driving growth. Gravity Software changes that. Our platform delivers automation, visibility, and scalability so you can simplify accounting and focus on powering your business forward.

1

Multi-entity accounting

Run consolidated financials across multiple entities while maintaining transparency and control at the individual company level.

2

Automated approvals

Simplify internal approvals with customizable workflows powered by Microsoft Power Automate, ensuring compliance and reducing bottlenecks.

3

Payables automation

Streamline invoice management, tax tracking, and payments across your organization for greater efficiency.

4

Real-time business intelligence

Access powerful dashboards and analytics through Microsoft Power BI to make data-driven decisions with confidence.

5

Scalable cloud platform

Built natively on the Microsoft Power Platform, Gravity grows with your business, integrating seamlessly with Microsoft 365 and other essential tools.

6

See Gravity in Action

Unlock these benefits for your renewable energy company — schedule a demo with Gravity Software today.

Client Spotlight: Renewable energy accounting software in action

Client Spotlight: Renewable energy accounting software in action

Sofia Lambros of Proteus Power on Gravity Software's renewable energy accounting software.

As Proteus Power outgrew QuickBooks, their increasingly complex multi-currency, multi-entity accounting needs went unmet. Coupled with a growing focus on GAAP compliance, they were left questioning the reliability of their financial reporting.

After making the switch to Gravity Software's cloud-based multi-entity platform, Proteus Power:

Reduced manual data entry for multi-entity transactions.
Simplified reporting.
Gained confidence in following GAAP standards.

Read the full Proteus Power case study to dive deeper into their team's experience with Gravity Software.

Renewable energy accounting resources

Renewable energy accounting resources

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

Staying ahead in the renewable energy sector requires more than clean energy investments — it demands smarter financial strategies. Check out our library of resources designed for renewable energy companies, including guides, videos, and expert insights.

Renewable Energy Accounting

Check out these top renewable energy accounting challenges and strategies to overcome them.

Energy Insights

Dive into these essential business insights that can power growth and performance for your renewable energy company.

Multi-Entity Guide

Explore our comprehensive Multi-Entity Accounting Guide to learn how Gravity Software simplifies complex structures, improves efficiency, and gives renewable energy companies real-time insights.

ERP Features

Discover Gravity Software's latest enhancements, providing enterprise-level capabilities in a scalable solution.

Fast-Growing Renewable Energy Companies

Take a look at these rapidly growing companies in the industry and learn why they could benefit from Gravity.

Power BI

Interested in Power BI for your business? Here's how you can find the right solution.

Investment Management

Take a look at the key benefits of Gravity Software for investment management.

Gravity & Microsoft 365

See how integrating Gravity Software with Microsoft 365 improves visibility, unlocks smarter financial growth, and more.

Demo Video

Watch Gravity Software’s new demo video to see how our multi-entity renewable energy accounting software simplifies reporting.

Renewable energy accounting software FAQs

Renewable energy accounting software FAQs

When evaluating new accounting software, renewable energy companies often have important questions about features, scalability, and implementation. Take a look at answers to some of the most common questions CFOs, controllers, and finance leaders ask about Gravity Software and how it supports the unique needs of multi-entity renewable energy organizations.

Why is sustainability in accounting software important for renewable energy companies?

If your company is focused on alternative energy solutions, you want to practice what you preach. That includes considering how servers and software infrastructure impact your carbon footprint. Traditional on-premise systems require energy-intensive servers, while cloud accounting solutions like Gravity Software run in secure Microsoft data centers. This eliminates the need for on-site servers, helping reduce emissions and making your operations more environmentally friendly. Researchers from Ontario’s McMaster University found that the communications industry, including servers and data centers, will account for 14% of the world’s carbon footprint by 2040 — switching to cloud solutions can help mitigate this impact.

What is green computing and how does it apply to cloud accounting?

Green computing is an effort to reduce the environmental impact of software and communications systems. The widespread adoption of cloud computing has played a major role in lowering carbon emissions by eliminating energy-intensive infrastructure. Research by the Royal Society found that even though global internet traffic has increased by 30% annually, the energy demand of data centers has hardly risen. With Gravity Software’s cloud-based platform, renewable energy companies benefit from advanced accounting tools without contributing to the heavy footprint of on-premise IT infrastructure.

What are examples of green computing initiatives in the software industry?

Leading technology companies are making bold commitments to sustainability:

Microsoft plans to be carbon negative by 2030 and remove all historical carbon emissions by 2050.
Apple is transitioning its data centers and facilities to 100% renewable energy.
Google aims to operate fully carbon-free by 2030.

Gravity Software is built on the Microsoft Power Platform, supporting Microsoft’s net-zero journey and providing renewable energy firms with a sustainable, future-focused financial solution.

How does Gravity Software support renewable energy companies’ sustainability goals?

Beyond being fully cloud-based, Gravity Software is designed for renewable energy companies managing multi-entity structures, SPVs, and complex consolidations. By eliminating server costs, automating processes, and integrating with Microsoft’s eco-friendly platform, Gravity helps reduce IT footprints while improving financial visibility. Renewable energy firms can focus on growth and sustainability while knowing their accounting system aligns with their mission.