why Cloud now: multiple legal entities in ONE system

key takeaways

• darwin.Cloud multi-tenancy supports unlimited companies in one system with side-by-side analysis and roll-ups
• new reporting: multi-company p&ls, balance sheets, and regional views
• divisions track sub-units (e.g., relocation, new construction) for detailed performance
• intercompany accounting automates shared expenses and reimbursements

topics

multi-tenancy

• one database for unlimited companies, financials remain separate
• enables efficiency, side-by-side analysis, and roll-up reporting
• supports intercompany accounting for shared costs

multi-company reporting

• dynamic multi-select p&ls
• balance sheets show cash, a/r, a/p across entities
• useful for comparing business units (real estate, title, mortgage)

regions & divisions

• regions group offices for manager-level reporting
• divisions isolate revenue and expenses by business line
• transactions can be flagged retroactively for accuracy

benchmarking

• compare companies to identify best practices
• normalize data to guide budgets and targets
• powerful for franchises tracking performance across locations

intercompany accounting

• centralize bill pay through an a/p company
• consolidate payroll while allocating costs to entities
• accurately allocate overhead to measure profitability

next steps

• attend tomorrow’s training on divisions and intercompany accounting
• joi

watch this short video to learn more: