Perich Group, an Australian family office spanning agriculture and property, found consolidated financial reporting increasingly difficult as it expanded, relying on legacy accounting systems and spreadsheets to manage multiple entities across different industries.
The company implemented Sage Intacct to consolidate its various accounting systems into one platform, integrating it with Re-Leased, the property management system used by its property arm, to bring both sides of the business into a single financial view.
Monthly consolidated reporting across entities has dropped from around a week to a day, with automated processes improving accounts payable and receivable and giving management faster access to the financial data behind expansion decisions.
