Case Study: Albanian-American Enterprise Fund reduces errors and automates multinational finance with Arxis Technology (Sage 300 ERP)

Albanian-American Enterprise Fund - Customer Case Study

The Albanian-American Enterprise Fund, a US not-for-profit that promotes private sector development in Albania, faced the challenge of managing complex multinational accounting — including multi-currency transactions and local governmental reporting — while relying on spreadsheet-based currency conversions and manual journal entries. To address this, they turned to Sage 300 ERP implemented by Arxis Technology.

Arxis Technology implemented Sage 300 ERP with its multi-currency module and localized configurations across AAEF’s Manhattan and Albania offices, automating currency conversions and reporting to meet local requirements. The Arxis-led deployment eliminated spreadsheet-based processes, reduced accounting and reporting errors, enabled the organization to recapture money lost to prior mistakes, and delivered a smooth, compliant transition.

Albanian-American Enterprise Fund

Herman Silmon

Financial Manager