Gravity Software, a leading cloud-based accounting platform, is dedicated to empowering small and medium-sized businesses with the tools they need to efficiently manage finances across multiple entities. Whether dealing with subsidiaries, divisions, or partners, Gravity's vision is to offer a seamless and integrated user experience.
What to Expect in Version 7: Advanced Multi-Entity capability
One of the most eagerly anticipated features in Gravity's upcoming Version 7 is the Advanced Multi-Entity capability. This groundbreaking feature allows users to work with multiple companies simultaneously, eliminating the need to switch between them. Here’s how this feature will enhance your workflow:
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Increased efficiency and productivity: Users can now enter, view, and edit transactions for any company within the same browser session or across multiple sessions without losing data or context. This includes the ability to search across all companies at once and filter results by specific criteria such as date, amount, account, or vendor.
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Improved accuracy and compliance: Streamline your processes with the ability to create a single payment for a vendor with vouchers from different companies, automatically balancing due to/due from balances between companies. This feature reduces the risk of errors, duplicates, and discrepancies in inter-company transactions, ensuring reconciled books at all times.
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Enhanced reporting and analysis: Generate comprehensive financial and operational reports for individual or consolidated companies, with drill-down capabilities to view transaction details. Customize and share dashboards and graphs to monitor the performance and trends across multiple companies effectively.
Maintaining security and customization
Gravity ensures robust security measures by maintaining entity-specific access controls, allowing users to work only with entities they have permissions for. Additionally, users can configure preferences and settings for each company, including currency, tax, and default accounts.
Availability
The Advanced Multi-Entity feature is set to launch with Gravity's Version 7, expected in the fall of 2024. Gravity Software remains committed to delivering innovative, user-friendly solutions that help small and medium-sized businesses navigate and succeed in a complex and dynamic environment.
Stay tuned for more updates on this exciting new feature!
Considering an upgrade to Gravity Software?
If you're exploring options to enhance your financial management capabilities, Gravity Software's upcoming Version 7 with the Advanced Multi-Entity feature might be the perfect solution. Here’s what you can expect:
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Seamless Multi-Company Management: Work with multiple companies simultaneously without switching between them, ensuring efficiency and productivity.
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Streamlined processes and compliance: Create consolidated payments and maintain accurate inter-company balances, reducing errors and ensuring compliance.
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Comprehensive reporting and analysis: Generate detailed reports and customizable dashboards to track performance across all your entities.
Gravity Software provides robust security, customizable settings, and a user-friendly interface designed to meet the needs of small and medium-sized businesses. Contact us to learn more about how Gravity Software can support your growth and streamline your financial operations.
