Maestro Technologies - Intelligent management software for the construction industry.

Simplified management of multiple companies with maestro*

The management of multiple companies in a group, or several departments in a company, can be complicated if your computer system does not have the necessary capacity.

At maestro*, this is the multidimensional module. This concept describes a very elaborate method for managing the presence of multiple entities in a given database. These entities can be companies belonging to the same shareholders, or divisions of these same companies if managing them separately is preferable.

While most software developers have adopted the relatively simple method of adding a company identifier to the data, all have not designed this in the same way and all of the results are not the same. Accordingly, the two most frequent errors we encounter in so-called multi-company systems are:

• Adding the identifier to all files in the system, without exception.
• Using a sequential identifier (a number rather than a code).

In maestro*, we have strictly selected files in which the company identifier is mandatory. For example, while it is logical to add it to transactions, it is not always desirable in all master files because, while it is possible that two companies or two divisions conduct business with completely different suppliers and customers, in reality, we often encounter companies in which this data must be shared.

The use of a configurable logical identifier rather than a simple number has also made it possible to structure the identifiers, which also made it possible to use identification templates. These templates made it possible to apply filters by company in a much simpler and powerful manner.

The multidimensional tool has many other functions. Among others, it makes it possible to:

• Create reports using an infinite number of combinations of company groups.
• Integrate companies in the financial statements, using a contributory rate that may be different for each entity.
• Automatically manage intercompany transactions (interco), including
• Payroll preparation for a central company with costs distributed to a number of companies.
• Inventory management by one company while material is used by all of the companies in the group.

To summarize, if you are currently managing multiple companies separately and want to group them together, while maintaining the ability to obtain separate reports for each of them, the multidimensional module from maestro* is without a doubt the best solution on the market.