MANAGE MULTI-COMPANY TRANSACTIONS
Single Database Accounting.. What is Multi-Facility Processing?
Multi-Facility Processing is a Dexterity based ISV product that was developed for organizations with multiple locations, sites, or facilities and that want a fully-integrated multi-entity accounting solution for Microsoft Dynamics GP (formerly Microsoft Business Solutions - Great Plains).
Our Multi-Facility Processing add-on can consolidate and centrally manage a single GL for organizations with multiple entities. Currently, our customers include long-term care facilities, utility corporations, franchise groups, manufacturing and construction companies. Essentially, Multi-Facility Processing is tailored for any organization that wants to have Centralized Processing capabilities within Microsoft Dynamics GP (transactions and account distributions) for multiple entities.
How does Multi-Facility Processing help centralize and departmentalize accounting functions in one Great Plains database?
Using a single GL, Multi-Facility Processing supports both a structural as well as transactional security layer to facilitate proper multi-entity accounting. Instead of creating multiple companies in Great Plains for each location, site, or facility, this solution creates a centralized processing environment in one single company database by allowing you to assign system users to facilities and departments. Depending on what facilities and departments a user is assigned to, he or she can only view records and process transactions for those entities. This comprehensive security layer has been extended across many Microsoft Dynamics GP modules including SOP, POP, AP, AR, GL, BR, CM, FA, PA, HR, and WennSoft modules.
Binary Stream’s Multi-Facility Processing also helps companies improve operational efficiency through using built-in intercompany functionality to process due-to and due-froms in an automated fashion. Many organizations continue to grapple with the issue where different users continuously create a different GL distributions causing incorrect account entries. As a result, Binary Stream’s transaction processing driven software eliminates this problem and allows users to operate efficiently in a centralized/single GL environment.
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Click here to download a one-page Discussion Paper.
Click here to download a White Paper.
Click here to download Microsoft's Whitepaper Strategies for a Multi-Entity Environment
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- Share Items, Vendors, and Customers across multiple locations/sites/facilities in one company database
- Restricted user access to assigned sites
- Batch Transactions per company
- Distributions are allocated to each site by specified percentage breakdowns
- Centralized AR, AP, GL & more
- Intercompany due-to and due-from for transactions
- Create 1099's by facility
- Report on P&L by facility
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- Significantly improve financial reporting per site/facility
- Dramatically reduce operational costs
- Streamline multi-company transactions
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