Acumatica provided a single automated system to translate currencies, consolidate ledgers, and implement customized reports.
Customized roles were created to support the existing operational and approval processes established by Parallels. This allows employees in the parent company to see the complete set of consolidated books, while subsidiaries can only access sections that pertain to their business.
Parallels deployed Acumatica in their existing datacenter and set group security permissions so the system could be accessed by team members around the world. Since no client software is required, new employees can be granted privileges and start using the system immediately.
Acumatica improved the Parallels consolidation process, saving on time, accuracy, and providing additional business insights.