Thanks to Sage Intacct's multi-dimensional GL, the finance department
can add new entities in minutes. Trian Partners now has a standardized,
shared chart of accounts by entity, by investment, and by fund. The
company has increased the number of entities in its portfolio by 43
percent (to more than 50 entities) without adding any headcount to the
finance team.
Closing the books to me
is an official term that we
accountants like to use to
describe the month/quarter-
end process. But, if you are
making sure your entries are
booked every day (e.g. cash
is reconciled, revenue and
known expenses are accrued)
you could argue that your
books are closed every day.
This allows you to have
continuous, consolidated
reports that are always live.
Len Weedman
Controller
Trian Partners creates views across multiple
entities at any time - in just minutes, not hours.
required to create a view across multiple entities and at any point in time.
Excel
Sage Intacct
MINUTES
HOURS
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