Grant Thornton LLP Trust Its Operations to Sage 300

To address the challenges, Grant Thornton LLP consolidated its operations on Sage 300. The benefits resulting from the consolidation are significant. By centralizing the application, the firm was able to ensure consistency in account structure and avoid duplicates or multiple formats. Security is more easily managed, as fewer individuals need access to sensitive administrative data. Control of the database overall, including backups and storage, also is better served. The firm’s business units are represented as individual companies in the Sage 300 system; each has secure access to its company database to enter accounts payable transactions, complete journal entries, and run various reports. Many other transactions, however, originate at a corporate level and need to be allocated across the business units. By using the Intercompany Transactions module, Grant Thornton LLP is able to distribute accounts payable transactions and general ledger journal entries to each business unit in a single transaction.