Best Multi-Entity Accounting Software

Compare the Top Multi-Entity Accounting Software as of July 2025

What is Multi-Entity Accounting Software?

Multi-entity accounting software is designed to help organizations manage the finances of multiple business units, subsidiaries, or legal entities within a single platform. It consolidates financial data across entities, enabling centralized reporting, intercompany transactions, and compliance with varying accounting standards. The software supports features such as multi-currency handling, tax management, and automated eliminations to streamline complex consolidation processes. By providing real-time visibility into each entity’s financial health, it facilitates better decision-making and regulatory adherence. Multi-entity accounting software is essential for corporations, holding companies, and firms with diversified operations. Compare and read user reviews of the best Multi-Entity Accounting software currently available using the table below. This list is updated regularly.

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    Xero

    Xero

    Xero

    Save 90% for 6 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place.
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    Starting Price: $2.90/month
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  • 2
    Sage Intacct

    Sage Intacct

    Sage Intacct

    Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner.
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  • 3
    Acumatica Cloud ERP
    Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Through leading-edge technology, best-in-class business functionality, and customer-friendly business practices, Acumatica delivers unparalleled value to small and midmarket organizations. Integrated workflows span the full suite of business management applications, from Financials, Project Accounting, and Inventory Management to CRM. Specialized industry solutions include Construction Edition, Manufacturing Edition, Retail Edition, and Distribution Edition. Acumatica is built on a future-proof platform with open architecture for scalability, ease of use, and rapid integrations. Connected business. Delivered. Rapid integrations. Delivered. Remote collaboration. Delivered. Business resilience. Delivered. Future-proof platform. Delivered.
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    FinAlyzer

    FinAlyzer

    Beyond Square Solutions

    FinAlyzer®, a unified digital platform for financial consolidation, financial close, analytics, and management reporting, acts as a catalyst for CFO reporting in multi-entity organizations, covering integrated group reporting, legal reporting, management consolidation & segment-wise profitability reporting. FinAlyzer effortlessly converts financial data to actionable insights with decision analytics, KPI’s, insights, predictive forecasting, and benchmarks. Its no code fully configurable with of the box accounting taxonomy for IFRS, Ind AS, US GAAP, IRDAI & MIS. FinAlyzer is all in one corporate performance management platform that brings together your financial and operational data seamlessly that frees time for report preparation and helps teams focus their time on analysis and better decision making. FinAlyzer is high-performance BI and CPM solution.
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    NetSuite

    NetSuite

    NetSuite

    One unified business management suite, encompassing ERP/Financials, CRM and ecommerce for more than 20,000 customers. Adaptability has never been more important. We give you the visibility and control to make the right decisions, now. Scale up, spin off, adopt new business models, NetSuite’s flexibility lets you do it all, quickly and easily. With every NetSuite upgrade, your configurations and customization migrate seamlessly. Your core business system now becomes your customer-facing commerce system with a customizable, customer-specific, pixel perfect experience. Real-time analytics is the NetSuite user interface. Users know what they should be doing and how they’re helping the business, with vital business data displayed from right within the system.
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    Certinia ERP Cloud
    Streamline, simplify, and automate your financial management on the Salesforce platform. Certinia ERP Cloud (formerly FinancialForce) gives you a flexible general ledger, automated billing processes, and brilliant intelligence all in one place. Manage, recognize, and forecast revenue in one central application, across all your revenue streams: products, subscriptions, project services, and usage-based contracts. Unify data, automate calculations, and ensure accuracy within the system, and transition to the ASC 606 & IFRS 15 standards with ease. With Certinia ERP Cloud you can streamline, simplify, and automate your financial operations. Tackle routine tasks in a few clicks while generating real-time financial analysis, modeling, and impeccable compliance reports. Automate complex recognition calculations, eliminate error-prone and time-intensive spreadsheets, and adhere to ever-evolving revenue recognition standards.
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    Tipalti

    Tipalti

    Tipalti

    The only solution to automate your end-to-end payables process. Automate your full accounts payable, global payouts, procurement and employee expense processes with Tipalti and eliminate 80% of your manual workload. Tiplati enables you to onboard suppliers, partners and freelancers with ease, streamline PO generation, accelerate approvals, eliminate invoice entry and make fast global payments to 190 countries in local currency. Also includes global tax compliance, 2 & 3 way PO matching, multi-entity support, and instant reconciliation with ERP integrations that include NetSuite, Xero, Quickbooks and Sage Intacct.
    Starting Price: $129 USD, £119 GBP, €129 EUR
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    Kashoo

    Kashoo

    Kashoo

    Fully customizable simple accounting software built for small to medium-sized businesses. Kashoo is a great alternative to complicated accounting suites. Create invoices in a snap, get paid securely online, and track and view your financial data on any device, anywhere, anytime, from one login. From ease of use, to a powerful set of features, to the best customer support available including live support and chat, and an ongoing suite of workshops to help you master bookkeeping and grow your business, Kashoo can help you stay on top of your business.
    Starting Price: $19.95/month
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    Oracle Fusion Cloud ERP
    Gain resilience and agility, and position yourself for growth. Oracle Fusion Cloud ERP gives you the power to adapt business models and processes quickly so you can reduce costs, sharpen forecasts, and innovate more. Easily see the complete picture of your company’s finances and operations. Oracle Cloud’s application suite offers the broadest and most seamless functionality across finance, HR, supply chain, and customer experience. From delivering real-time insights with Oracle Financials Cloud to realizing the power of bringing HR and ERP platforms together, view self-service demos to see how Oracle Cloud applications work in real-world business scenarios. Unlock your business potential and harness the power of the cloud platform to better react to internal goals and external pressures. Need to streamline accounting, comply with new revenue recognition guidelines, or report on new KPIs? We can help.
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    Gravity Software

    Gravity Software

    Gravity Software, LLC

    Multi-Entity Accounting Built for Growth Gravity Software is a cloud-based accounting platform for businesses that have outgrown QuickBooks but don’t need the cost or complexity of Sage Intacct. Built natively on the Microsoft Power Platform (Dynamics 365), Gravity delivers robust financial tools with seamless integration to Microsoft 365, Power BI, and Teams — no add-ons required. 🎈 Multi-entity & multi-location financials 🎈 Advanced reporting with Power BI dashboards 🎈 AP automation & multi-level approvals 🎈 Real-time visibility across entities 🎈 Easy navigation from accounting to sales & service Trusted by companies in real estate, family offices, professional services, healthcare, hospitality, and nonprofits, Gravity simplifies complex accounting and helps growing companies improve cash flow, increase efficiency, and scale confidently. 👉 Learn more at gogravity.com
    Starting Price: $375/month/first user
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    Fidesic

    Fidesic

    Enliven Software

    Fidesic continuously strives to provide users with the most reliable, efficient and easy-to-use accounts payable (AP) automation solution for Dynamics GP. We believe that by simplifying your invoice processing with a modernized, high-visibility and secure platform, you can focus on strategic organizational goals and build a job you love. The Fidesic team understands each business, regardless of size, on a personalized basis - ensuring your accounts payable (AP) needs are being addressed. Intelligent AR and AP automation platform for your single or multi-entity business! Fidesic saves your business time and helps you gain control over your AR and AP processes. Get paid faster! We will help you streamline busy work so you can focus on your business!
    Starting Price: $19 per user per month
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    AccountsIQ

    AccountsIQ

    AccountsIQ

    AccountsIQ cloud accounting software simplifies the capture, process and reporting of financial data across multiple locations. Put simply we transform finance functions by enabling CFOs, Finance Directors and Financial Controllers to: - Get a holistic view of their organisation and subsidiaries - Access real-time, powerful reports and KPIs - Get superb analytics through our multi-level coding capability - Automate consolidation - Work more effectively and flexibly with our collaboration tools and apps - Gain efficiencies through integration of key business systems. Our financial management software was awarded Mid-Market and Enterprise Accounting Software of the Year 2019 and 2018 and we were a finalist in 2020.
    Starting Price: £199
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    QuickBooks Online Advanced
    Get the tools you need to streamline your business and the insights to drive it forward. All in QuickBooks Online Advanced. Get the insights you need most with customizable, presentation-ready reports. Sync your spreadsheets for more accurate business data and custom insights.* Do less manual work by importing and sending hundreds of invoices and expenses at once. Enter and edit multiple bills and checks in just a few steps. We take security seriously, keeping your financial information protected with encryption and security safeguards. Customize how you work with your pick of seamless app integrations built just for QuickBooks Online Advanced.* Integrate with premium apps like DocuSign, Bill.com, HubSpot, Salesforce, and more to make Advanced even more powerful.
    Starting Price: $100 per month
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    bluQube

    bluQube

    bluQube by Symmetry

    Meet bluQube, award-winning cloud accounting software. We've been in accouting software since 1996, so we do things differently and focus on usability, reporting, and smart integration to make the comprehensive functionality even more effective for our users. bluQube offers you true cloud-based software with fixed-rate implementations and full UK support! All from an Oracle Gold Partner making it functional and highly scalable. We believe in people and business values. We don’t hide behind automated phone systems, a real person will pick up the phone if you call us. We offer true interoperability. The real-time data sharing technology that connects bluQube with your existing business systems. All you'll need is a web browser to securely access your system and our clever tech-bods take care of the rest. Allowing you to choose the the system that's right for each department in your multi-entity organisation, rather than being tied into one suite of products.
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    Deskera ERP
    Automate and centralize business processes, gain real-time insights and increase business control, increase data accuracy, reduce costs, fulfill orders faster, and improve customer service with Deskera ERP. Manage all aspects of your business with Deskera ERP, from financial management to inventory control and manufacturing operations. Track transactions, create invoices, generate reports, monitor accounts receivable and payable, create custom financial year schedules, and manage multiple currencies. Manage financial processes like budgeting and forecasting, bank reconciliation and multi entity consolidation with ease. Gain visibility into financial performance, segment user roles, automatically generate financial reports, track payments, and easily forecast future financials. Track inventory levels and movements in real-time. Generate stock-level alerts when reaching critical low thresholds. Automate ordering and restocking processes to maintain optimal inventory levels.
    Starting Price: $1000 per month
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    BlackLine

    BlackLine

    BlackLine Systems

    Designed entirely in the cloud from the ground up, BlackLine is the only unified technology solution built specifically for accounting and finance. No messy acquisitions, no disparate hybrid software-hardware combinations, and no expensive middleware or upgrade costs, just the world’s most trusted solution for Finance Controls and Automation. The simplicity and usability of BlackLine solutions are unique. Unlike some systems on the market today, BlackLine is not a Frankenstein patchwork of old software and hardware. Rather, it’s a comprehensive Finance Controls and Automation platform built on a single codebase and delivered securely via the cloud. Users enjoy a consistent experience with single sign-on and avoid constantly switching between multiple systems. Data is available between products within the platform as well, without having to be transferred between or through other systems.
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    Microsoft Dynamics 365 Finance
    Maximize financial visibility and profitability. Assess the health of your business, improve financial controls, and make timely decisions to drive agility and growth using comprehensive, real-time financial reporting, embedded analytics, and AI-driven insights. Integrate financials into core business processes and automate tedious and time-consuming tasks to boost user productivity, support evolving business models, and maximize financial performance. Minimize costs and optimize spending across business geographies with process automation, budget control, and financial planning and analysis. Quickly adapt to changing financial and legal requirements with a guided, rules-based chart of accounts and a no-code configuration service that simplify regulatory reporting, electronic invoicing, and global payments. Customers are optimizing financial operations with Dynamics 365 Finance.
    Starting Price: $180 per user per month
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    Workday Financial Management
    With intelligently automated financial processes and deeper insights, you can focus less on transaction processing and more on analysis and action. Businesses ebb and flow over time. Workday helps you remain agile and stay ahead of change with our flexible foundation. Adapt business processes while continuously tracking change as you go. Machine learning reduces friction by continuously detecting anomalies and making recommendations. This helps finance interpret and review results, while focusing on the areas of business that matter most. We deliver data to all corners of your organization, surfacing insight right when you need it. Stakeholders can see what’s driving the business and take action. Workday provides undefeatable electronic evidence. We document every transaction and change continuously, to help you proactively manage risk and monitor compliance.
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    SBS Financials Suite

    SBS Financials Suite

    Software Business Systems

    SBS Financials offers seamless multi-entity accounting, financial reporting, and automated workflows tailored to the way you do business. Core accounting includes: • GL, AP, AR, Bank Rec • Imaging • Approvals • Budgeting • Automated inter-company transactions Our integrated system lets users move easily between departments, locations, and entities. The available Payroll HR module lets you process all transactions in one system. APIs are available to automate data imports and exchange information between your proprietary systems or other existing software. SBS is a U.S. company. All our software development and support occurs in our headquarters located in suburban Minneapolis - even when the temperature drops to -29! We also provide direct implementation. No third-party involvement helps keep your project on budget and ensures an on-time Go Live. We offer knowledgeable live support, online training, and 24/7 access to our training resources.
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    AgilLink

    AgilLink

    AgilLink

    Enable end-user approvals on any device and deliver customized financial statements with detailed drill-down and full audit capabilities. Reduce accounting errors with bill pay and recurring invoice generation. You can also import City National Bank credit card statements directly into AgilLink. Manage multi-entity general ledgers with a comprehensive workflow dashboard, consolidated financial period management, and single sign-on across accounting, bill pay, accounts receivable, document management and online banking systems. Leverage a high level of security and business controls with user-level, role-based permissions and audit trails backed by information security risk assessments and protocols.
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    Infor CloudSuite Financials
    CloudSuite Financials & Supply Management is an integrated finance and supply management software suite that couples modern financial functionality with tools to track supplies and streamline order processes. End-to-end, fully integrated capabilities are designed specifically for today’s users.​ Designed for today's users. Personalized home pages. Processes and information by role. Beautiful and intuitive user interface Fully integrated supply management offering full visibility of indirect spend. Strengthened supplier relationships Increased policy compliance. Reinvented global general ledger for financials. Unlimited financial calendars. Unlimited ledgers and basis reporting. Unlimited dimension strings. Robust analytics for both financials and supply management:. Uncover cost savings opportunities. Powered by data-science. Embeds analytics directly in users’ work streams.
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    Avise

    Avise

    Avise

    Avise eliminates manual work from task management through to multi-entity consolidation, so you can focus on scaling the business. Avise was born from the simple idea that finance professionals deserve better. We've experienced firsthand the frustration and disappointment of relying on outdated, clunky, and inefficient ERPs and supplemental accounting tools. That's why we built Avise, a modern General Ledger system that is truly the backbone of a cloud-native finance ecosystem. Avise is easy to use, yet powerful enough to meet the needs of even the most complex businesses. Avise empowers finance teams to automate manual tasks and streamline processes so accountants can finally focus on what they do best: driving business growth.
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    Flexi

    Flexi

    Flexi Software

    The strength of a world-class accounting platform delivered with extraordinary flexibility and support. See why mid- to large-size enterprises call Flexi "just the right size." Flexi’s sole focus is on delivering the best accounting software for businesses with multi-entity and other complex accounting needs, whether in the cloud or on-premise. That’s been our mission for 30 years, and together with our partners, Flexi powers millions of end users around the globe. With continually evolving technology, personalized support, and a commitment to meeting our customer’s ever-changing needs, we’re in this for the long-term. Just like your business. From modules like GL and AP to an entire suite, our expertise is at work making your job easier with powerful automation, better reporting, and seamless integration.​ Our powerful accounting system has been put to the test by Fortune 10 brands and leading banks, flawlessly processing billions of transactions. ​
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    SBT Executive Series

    SBT Executive Series

    Searer Business Technology

    Executive Series is a highly scalable and completely integrated multi-company accounting solution with strong drill-down capabilities. The Executive Series accounting system is available as either a web/cloud subscription service or as a locally deployed client/server accounting system. Standard features include document scanning, user-defined security, file attachments, workflow routing, and approvals. Multi-entity (multi-company/fund) support allows for managing hundreds of companies without having to ‘open’ a company to switch. Hundreds of standard reports are available, all of which may be run for a single company, groups of companies, or all companies. Automated Work Flow with Built-in Routing. Approval and re-approval support. Flash note reminders allow you to specify when and where the reminder will display. Report Maintenance allows easy customization of reports. User Defined Calendars support over 999 accounting periods per fiscal year.
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    Sage 300
    All-in-one business management software. Over 40,000 customers across 150 countries and a variety of industries trust Sage 300 to manage their finances, operations and inventory—for a fraction of the cost of traditional ERP software. Manage multiple locations across multiple regions, languages, and currencies. Connect, analyze, and report on multiple business units, subsidiaries, companies and countries within your organization. Reduce the complexities of running multi-entities. Centralize your processes and manage your accounting, inventory, operations, distribution, and more from a single application. The best-in-class, cloud-enabled financial tools for companies with multiple entities and multiple locations. It features a multi-currency, multi-lingual interface. Manage transactions throughout the sales cycle, and automate your purchase order procedures directly in Sage 300. Manage contractor and subcontractor time and expenses and add stakeholders.
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    Campfire

    Campfire

    Campfire

    Streamline your accounting and financial reporting with the only modern general ledger that accelerates your close process, surfaces additional financial insights and supports multi-entity and currency consolidations. Automate your revenue accounting, reporting and invoicing with Campfire. It seamlessly unifies revenue and customer data across sources, and supports a variety of business models from enterprise software to consumer fintech. Automate and streamline accounting tasks to shorten your close process, elevating accounting teams from data entry to data manager. Unlock actionable and timely KPIs and financial insights with advanced financial reporting for increased visibility. The first accounting platform that effortlessly scales with your company with support for muti-entity and multi-currency financial consolidation, advanced revenue automation, and multi-dimensional reporting.
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    Axway Financial Accounting Hub
    Axway Financial Accounting Hub (AFAH) is a comprehensive platform designed to streamline and enhance financial data management within organizations. It automates and optimizes data transformation and integration processes, enforcing accounting rules to ensure data quality and alignment across operational, financial, and business domains. AFAH supports multiple entity accounting and reporting, intercompany processing, and seamless connectivity with various data sources and targets. By reducing the complexity of financial information systems, it accelerates digital finance transformation, enabling faster account closing, real-time transaction processing, and consistent multi-GAAP postings. This platform empowers finance departments to respond swiftly to business changes, integrate new business entities efficiently, and maintain compliance with evolving accounting standards and regulations.
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Multi-Entity Accounting Software Guide

Multi-entity accounting software is designed to help businesses that operate across multiple subsidiaries, divisions, or locations manage their financial data in a centralized and streamlined manner. Traditional accounting systems often fall short when it comes to handling the complexity of consolidating financials from different entities, especially when they operate in multiple currencies or follow varying regulatory requirements. Multi-entity solutions enable seamless intercompany transactions, real-time consolidation, and consistent reporting, which is essential for organizations with a complex structure.

One of the key benefits of this type of software is its ability to automate intercompany eliminations and currency conversions, significantly reducing the risk of manual errors and increasing efficiency during month-end close. It also provides visibility into each entity's financial performance while maintaining an aggregated view for corporate leadership. Features such as role-based access, audit trails, and compliance tools further support financial transparency and control across the enterprise, making it easier to meet internal governance standards and external regulatory requirements.

In addition to financial consolidation, modern multi-entity accounting platforms often include built-in integrations with enterprise resource planning (ERP) systems, payroll, and tax software, allowing businesses to scale their operations without overhauling their entire financial infrastructure. These tools are particularly valuable for companies undergoing rapid growth, mergers and acquisitions, or international expansion. Ultimately, multi-entity accounting software empowers finance teams to spend less time on manual reconciliation and more time on strategic planning and analysis.

Features Offered by Multi-Entity Accounting Software

  • Centralized Multi-Entity Management: Manage all your entities from a single platform without switching between separate systems.
  • Consolidated Financial Reporting: Automatically generate group-wide financial statements, combining data from multiple entities.
  • Multi-Currency Support: Handle transactions and reporting in various currencies with real-time exchange rate conversions.
  • Multi-Tax Compliance: Support for different tax rules and jurisdictions, ensuring accurate local and international tax management.
  • Intercompany Transactions Management: Automate the recording, reconciliation, and elimination of transactions between related entities.
  • Automated Eliminations and Adjustments: Detect and remove intercompany entries during consolidation to prevent double-counting.
  • Period-End Close Management: Standardize and streamline closing tasks across entities to shorten close cycles and reduce errors.
  • Audit Trail and Compliance Monitoring: Keep detailed logs of user activity and financial changes to support audits and maintain transparency.
  • Entity-Level Dashboards & KPIs: Track performance indicators and financial health per entity or across the entire organization.
  • Role-Based Access Control: Assign permissions by role or entity to protect sensitive financial data and ensure proper access control.
  • Shared Chart of Accounts: Maintain a global chart of accounts while allowing for localized versions to support flexible reporting needs.
  • Integrated Document Management: Store and attach receipts, invoices, and supporting documents directly to financial transactions.
  • AI-Driven Insights & Forecasting: Leverage machine learning for anomaly detection, budget forecasting, and smarter decision-making.
  • API and Third-Party Integrations: Connect with ERPs, CRMs, payroll systems, and banks to enable seamless data flow.
  • Automated Invoicing and Billing: Generate, send, and manage recurring or one-time invoices per entity with ease.
  • Budgeting and Cost Allocation: Create detailed budgets and allocate costs by department, project, or entity for greater financial control.
  • Real-Time Data Sync and Reporting: Access live data and generate up-to-date reports without delays or manual consolidation.
  • Collaboration Tools: Enable in-app comments, tagging, and task assignments to improve financial team coordination.
  • Flexible Legal Entity Structures: Accommodate complex ownership and entity relationships, including subsidiaries and branches.
  • Audit Readiness and Regulatory Reporting: Prepare compliant reports for tax authorities, investors, or regulators quickly and accurately.

Different Types of Multi-Entity Accounting Software

  • General Ledger Consolidation Systems: Enable centralization of financial data from all entities into one master ledger, allowing for consolidated reports, currency conversions, and intercompany eliminations.
  • Intercompany Transaction Management Platforms: Automate the tracking and settlement of transactions between entities, ensuring accuracy in intercompany balances and simplifying audit trails.
  • Multi-Currency and Global Compliance Systems: Support operations across international boundaries by handling multiple currencies, tax jurisdictions, and compliance standards such as GAAP and IFRS.
  • Multi-Location Inventory and Cost Accounting Tools: Manage inventory and costs across entities or locations, offering visibility into inventory transfers, warehousing, and regional cost tracking.
  • Franchise and Affiliate Management Systems: Provide accounting frameworks for franchise networks or affiliates, allowing each unit limited access while maintaining centralized financial control and standard compliance.
  • Centralized Accounting Platforms: Use a single, unified system where all entities share the same instance, streamlining operations and making consolidation straightforward.
  • Decentralized or Federated Systems: Allow each entity to operate independently with its own instance or setup, offering flexibility but requiring more effort to consolidate financial data.
  • Hybrid/Matrix Model Systems: Combine centralized control with localized autonomy, ideal for complex organizations with diverse operational structures like joint ventures or holding companies.
  • Cloud-Based Multi-Entity Solutions: Hosted online, offering real-time access, remote collaboration, automatic updates, and scalability for growing or global organizations.
  • On-Premise Multi-Entity Software: Installed on local servers, preferred by enterprises needing tight data control, customization, and compliance with strict regulatory environments.
  • Hybrid Deployment Systems: Blend cloud and on-premise features, useful for businesses in transition or operating under specific data residency or compliance constraints.
  • ERP-Based Multi-Entity Modules: Integrated into enterprise resource planning suites, these offer a broad set of capabilities beyond accounting, including procurement, HR, and supply chain.
  • Standalone Accounting Suites with Integration Capabilities: Focus purely on accounting but integrate easily with CRMs, banking tools, or ecommerce systems, making them ideal for mid-sized businesses.
  • Industry-Specific Solutions: Built to meet the needs of particular sectors like nonprofits, real estate, or SaaS, including specialized features like fund tracking or revenue recognition.

Advantages Provided by Multi-Entity Accounting Software

  • Centralized financial management: Allows companies to manage multiple subsidiaries, divisions, or entities within one platform, eliminating the need for separate systems and reducing redundancy.
  • Streamlined intercompany transactions: Automates and reconciles transactions between entities (like transfers or sales), improving accuracy and saving time on manual entries.
  • Consolidated reporting: Provides unified financial reports across all entities, simplifying compliance, analysis, and strategic planning at a corporate level.
  • Real-time visibility: Offers up-to-date financial data across all business units, enabling better decision-making and quicker responses to financial challenges.
  • Regulatory compliance support: Helps businesses adhere to multiple sets of tax laws, currencies, and accounting standards (e.g., GAAP, IFRS) across jurisdictions.
  • Scalability: Easily accommodates new entities as a business grows, without requiring separate implementations or systems for each.
  • Role-based access control: Supports customized permissions by entity, so users only access data relevant to their role or location, enhancing security and compliance.
  • Cost savings: Reduces IT and administrative overhead by consolidating platforms and automating complex multi-entity workflows.
  • Audit readiness: Facilitates easier audits with clear audit trails, intercompany reconciliation logs, and consistent documentation across entities.
  • Improved collaboration: Enables finance teams across different regions or divisions to work within the same system, improving communication and efficiency.

What Types of Users Use Multi-Entity Accounting Software?

  • Corporate holding companies: Manage financials for multiple subsidiaries, enabling consolidated reporting and intercompany transactions.
  • Franchisors: Track each franchisee’s financials separately while rolling up data for royalties, benchmarking, and corporate oversight.
  • Multi-location retailers: Monitor performance, inventory, and expenses by location while managing centralized accounting functions.
  • Real estate firms and property managers: Treat each property as an entity to handle individual financials, rent, maintenance, and depreciation.
  • Nonprofits with chapters or affiliates: Maintain separate books per chapter for compliance and donor reporting, with consolidated organizational oversight.
  • Global enterprises with international subsidiaries: Handle multi-currency accounting, regional compliance, and global financial consolidation.
  • Professional services firms: Track profit centers by office or department for billing, cost allocation, and performance analysis.
  • Healthcare systems and multi-clinic providers: Separate clinic-level finances for regulatory compliance and service line tracking.
  • Construction and engineering firms: Manage large projects or joint ventures as independent entities for budgeting, costing, and reporting.
  • Investment funds and family offices: Maintain distinct records for each fund, trust, or portfolio while enabling firm-level reporting.
  • Educational institutions: Track campus, department, or program-level finances separately while ensuring unified budgeting and compliance.
  • Government agencies: Separate financials by department, program, or grant for accurate fund accounting and compliance auditing.

How Much Does Multi-Entity Accounting Software Cost?

The cost of multi-entity accounting software can vary significantly depending on the size of the organization, the complexity of its operations, and the specific features required. For smaller businesses managing a few subsidiaries, pricing often starts at a few hundred dollars per month. As the number of entities increases, along with the need for consolidated reporting, intercompany eliminations, and compliance tools, the cost can escalate into the thousands per month. Many solutions offer modular pricing, where core accounting features are bundled, and additional fees apply for extra capabilities like advanced analytics, global tax compliance, or multi-currency support.

Larger enterprises with dozens or hundreds of legal entities often require more robust implementations, including custom integrations with ERP systems and workflows tailored to unique regulatory needs. These organizations typically negotiate custom contracts with annual fees that can range into six-figure territory. It's also important to factor in non-software costs, such as onboarding, employee training, and ongoing support. While cloud-based software often includes updates and maintenance in the subscription cost, on-premise or hybrid systems may involve additional infrastructure and IT resource expenses. Ultimately, the investment in multi-entity accounting software is justified by the efficiencies gained in financial reporting, compliance, and organizational transparency.

Types of Software That Multi-Entity Accounting Software Integrates With

Multi-entity accounting software is designed to manage the finances of organizations that operate across multiple legal entities, such as subsidiaries, branches, or franchises. To maximize its effectiveness, this type of software often integrates with a variety of other software solutions, each serving a distinct operational or financial purpose.

One common type of integration is with enterprise resource planning (ERP) systems. ERP platforms help manage broader business processes—like inventory, supply chain operations, and production planning—and when integrated with multi-entity accounting software, they allow for synchronized financial data across departments and entities. This ensures accurate reporting and eliminates the need for repetitive data entry.

Another frequent integration is with customer relationship management (CRM) systems. CRM software holds critical information on client interactions, sales opportunities, and revenue forecasting. Linking it with accounting tools enables businesses to automate billing, recognize revenue more accurately across entities, and improve visibility into customer profitability.

Payroll software is also a vital integration point. Businesses with employees distributed across multiple entities need accurate payroll calculations, tax compliance by jurisdiction, and seamless posting of payroll expenses to the correct entity. Integrated payroll systems streamline this process, reducing errors and administrative workload.

Banking and payment gateway integrations play a crucial role in automating reconciliations, managing multi-currency transactions, and consolidating cash positions across entities. These integrations help centralize financial controls while maintaining clear audit trails for each legal entity.

Additionally, tax compliance and reporting tools often integrate with multi-entity accounting systems. These integrations help navigate differing tax codes and filing requirements across regions or countries, automating tasks like VAT returns, sales tax calculations, and statutory reporting.

Business intelligence and reporting platforms are frequently connected to multi-entity accounting solutions. These tools allow stakeholders to generate customized, consolidated reports and dashboards that provide insights at both the individual entity level and the global group level.

In essence, software that complements or feeds into financial data—whether it's operational, transactional, compliance-based, or analytical—is a candidate for integration with multi-entity accounting platforms. This interconnected ecosystem promotes efficiency, accuracy, and strategic visibility across complex business structures.

What Are the Trends Relating to Multi-Entity Accounting Software?

  • Globalization of Business Operations: As companies expand internationally, they require accounting tools that handle multiple currencies, tax jurisdictions, and regional regulations, enabling seamless global financial management.
  • Automation and AI Integration: Businesses are adopting software that automates intercompany transactions, consolidations, and reconciliations. AI features like anomaly detection and cash flow forecasting are also becoming common.
  • Ecosystem Integration with APIs: Modern platforms offer strong API support, allowing integration with ERP, CRM, billing, and payroll systems—ensuring synchronized financial data across all entities.
  • Real-Time Consolidation and Reporting: Organizations need up-to-date financial visibility. Software solutions now support real-time consolidation, dynamic dashboards, and customizable reporting across multiple entities.
  • Built-in Compliance and Audit Tools: To meet regulatory requirements, accounting tools now include features like audit trails, SOX compliance, and approval workflows to maintain accountability and support audits.
  • Cloud-Based Deployment: Cloud accounting software offers scalability, centralized data access, and automatic compliance updates, making it the preferred choice over traditional on-premise systems.
  • Multi-Dimensional Accounting: Businesses use dimensional tagging (e.g., by department, location, or project) to gain deeper insights and streamline reporting without bloating their chart of accounts.
  • Mobile Accessibility and Modern UX: With mobile apps and clean user interfaces, finance teams and executives can approve transactions, access reports, and monitor performance remotely and efficiently.
  • Flexible, Scalable Pricing Models: Subscription-based pricing tailored to the number of entities or features allows companies to scale usage as they grow without overspending.
  • Role-Based Collaboration and Workflow Management: Platforms now support specialized workflows for different roles (e.g., accountants, CFOs), along with built-in collaboration tools to streamline communication and approvals.
  • Enhanced Security and Data Sovereignty: As cloud adoption rises, vendors focus on enterprise-grade security, data residency options, and granular access controls to protect sensitive financial data.

How To Find the Right Multi-Entity Accounting Software

Selecting the right multi-entity accounting software requires a thoughtful understanding of your organization’s structure, accounting needs, and long-term scalability goals. At the core of the process is the recognition that managing financial operations across multiple subsidiaries, business units, or geographic entities introduces complexities in consolidations, compliance, intercompany transactions, and reporting. The right software should not only centralize and streamline these processes, but also provide sufficient flexibility and automation to support your operational model.

Begin by evaluating your current accounting workflows and identifying pain points associated with multi-entity management. Look for inefficiencies in consolidating books, reconciling intercompany balances, handling multiple currencies, managing varying tax jurisdictions, or tracking performance by legal entity or cost center. These pain points will help shape your requirements. Ensure that the software you consider supports multi-entity configurations natively—not as add-ons or workarounds—so it can accommodate things like shared charts of accounts, local GAAP and IFRS compliance, automated eliminations, and real-time consolidation.

Cloud-based platforms are often advantageous, offering scalability and ease of access for geographically distributed teams. Look for robust permissioning systems that allow secure access by role, team, or entity, and ensure audit trails are thorough and transparent. Integration capabilities are also crucial—your accounting software should seamlessly connect with your existing ERP systems, payroll, CRM, or procurement platforms, minimizing manual data entry and improving data consistency across systems.

Consider usability and support as part of your decision-making process. Even feature-rich systems can fall short if the user interface is too complex or the learning curve is steep. Involve finance team members in the evaluation process and request demonstrations or trials to assess how the software handles your real-world scenarios. Vendor reputation, customer support, and the availability of onboarding services or implementation consultants can significantly impact your success with the software.

Finally, think ahead. Choose a system that can scale with your business, supporting additional entities, growth in transaction volume, or future geographic expansion without requiring a complete overhaul. Prioritize platforms that embrace automation, deliver insightful consolidated financial reporting, and help you maintain compliance in a dynamic regulatory environment. The right software should not only reduce manual work, but empower your finance team to deliver faster, more strategic insights.

Use the comparison engine on this page to help you compare multi-entity accounting software by their features, prices, user reviews, and more.