Knowledge Center

Knowledge Center

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Jane Matthews

CFO

Multi-Entity Design in Razor

Multi-Entity Design in Razor

Multi-Entity Design in Razor

Learn more about how Razor was designed with multi-entity businesses in mind.

Introduction

Global businesses often juggle multiple subsidiaries, currencies, and compliance standards across borders. Razor, an AI‑forward ERP, was designed from the ground up to address that complexity. With its intuitive interface, where switching between a consolidated view and individual entity happens instantly via a top‑right dropdown, finance teams can work faster, smarter, and with full visibility.

Why Multi-Entity & Multi-Currency Support Matters

Multi-Entity Accounting Is More Than Scaling

Managing multiple business units (subsidiaries, divisions, branches) presents unique challenges. Finance teams seek local autonomy while preserving centralized oversight. Multi‑entity accounting resolves this by enabling separate entity operations while instantly consolidating data for strategic leadership review. This ensures both operational precision and enterprise-wide clarity, which drives positive business performance.

Multi-Currency Capabilities Are a Business Imperative

Handling global transactions involves not just payments in different currencies but also proper FX accounting, revaluation, and consolidated reporting. A capable ERP supports real‑time currency conversions, automates FX adjustments, and helps ensure compliance.

Razor’s Multi-Entity Functionalty

Seamless Entity Switching & Consolidation

Top-right in every module, a dropdown lets users shift instantly between consolidated and individual entity views—no logout, no delay. Drill from consolidated account balances down to individual transactional receipts with one click. This supports fast, accurate analysis and audit tracing.

Unified Intercompany Management and Eliminations

Track, reconcile, and eliminate intercompany transactions automatically during consolidation, which means users can drop their error-prone spreadsheet reconciliation. This ensures consolidated statements are clean and accurate.

Automated FX Handling & Currency Revaluation

Razor automatically converts and revalues transactions based on real-time FX rates. You can report in the base currency while viewing details in local currencies, complete with traceability at the transaction level.

Consistency Across Entities

Maintain standardized charts of accounts and accounting procedures across subsidiaries, yet allow local flexibility where necessary. This balances global controls with local adaptability and improves consolidation accuracy. Gain up-to-the-minute visibility across entities and currencies. 

Benefits for Growing and Global Businesses

Benefit

Why It Matters

Speed & Efficiency

Day-end closes faster without pulling disparate reports.

Accuracy & Compliance

Automation reduces errors and supports regulation-adherent reporting.

Strategic Insight

Leadership sees both entity-level and full-picture data immediately.

Scalability

Add new entities or currencies effortlessly as the business grows.

FAQs About Multi-Entity & Multi-Currency in Razor

How does Razor streamline operations across multiple entities?
It allows centralized oversight with decentralized execution. Each entity handles its own transactions, while the system consolidates data automatically. This eliminates manual consolidation burdens.

How does Razor manage multiple currencies?
It auto-converts entries using real-time FX rates and handles revaluations, providing reports in both base and local currencies.

Can I switch between consolidated and entity views instantly?
Yes! Razor's built-in dropdown means no logging out or navigating away. You simply swap views in any module, with seamless data continuity.

Conclusion

Expanding companies often struggle with the increasing complexity of multi-entity structures and cross-border operations. Yet, as you grow, these become foundational challenges, not afterthoughts. Implementing an ERP that seamlessly integrates multi-entity and multi-currency support is no longer a luxury. It’s about time for an upgrade.

Razor, an AI-forward ERP, embeds these capabilities into every workflow from transaction entry to consolidated reporting. Razor works so your finance team can move from managing complexity to mastering it.

Join the waitlist today!



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