Pentagon 2000 Software enhances multi-company system capabilities

Pentagon 2000 Software a provider of fully-integrated MRO and supply chain software solutions for the Aerospace & Defense industry, has released a set of enhancements to the existing Multi-Company capabilities of the system. Customers that operate their business with multiple separate legal entities have long been able to manage separate companies, divisions and departments within the system running on a single database. Functions for setting transfer prices and performing accounting eliminations, consolidations and roll-up have been available to manage the operations of multi-company groups. Pentagon 2000 Software releases a set of new capabilities that allow fully automated intercompany transactions to be performed by end users within their day-to-day workflow. Seamless and automated posting of general ledger transactions to the underlying accounting system are performed in the background while users are free to concentrate on the business aspects of their workflow.
Business benefits are achieved by allowing end users to focus all of their attention on efficiently fulfilling high-volume sales, purchasing, and operational tasks while knowing that the system’s automation features will properly reconcile any multi-company accounting and financials postings that are required for compliance purposes.