Knowledge Center

Managing financial data across multiple entities is a complex challenge, especially for private equity (PE) firms overseeing diverse portfolio companies (PortCos). QuickBooks Online (QBO) is a popular accounting solution, but it lacks built-in tools for consolidating financials across multiple entities. Fortunately, third-party tools like LiveFlow and others have emerged to fill this gap, offering robust solutions for financial consolidation, reporting, and analysis. This article explores the best consolidation tools for QBO tailored to the needs of private equity firms.

In the world of financial management software, there's a persistent belief that growing businesses must eventually "graduate" from QuickBooks to an enterprise resource planning (ERP) system like NetSuite or Sage. But is this transition always necessary—or even beneficial?

In the fast-paced world of finance, staying ahead requires more than just crunching numbers. It demands tools that simplify complex processes, provide real-time insights, and empower teams to make informed decisions.