Case Study: The Sunray Companies streamlines multi-entity accounting with Gravity Software

The Sunray Companies cuts intercompany reconciliations from days to 30 minutes with Gravity Software

The Sunray Companies, a multi-entity hospitality organization with 47 brands including hotels and salons, faced significant accounting challenges due to rapid growth. Their previous systems, including Sage 50 and AccountsIQ, required inefficient double entries for intercompany transactions, forcing the team to spend days on manual reconciliations and consolidated reporting. They sought Gravity Software to implement a cloud-based, multi-entity accounting platform that would streamline these processes and integrate with their Microsoft tools.

Gravity Software provided a solution with native Microsoft integration and an automated intercompany transaction module. This allowed the team to settle transactions for all 47 entities in just 30 minutes, a task that previously took days. The implementation of Gravity resulted in significantly faster monthly reporting, automated data entry from point-of-sale systems, and allowed the accounting staff to shift focus from data entry to strategic financial analysis, boosting overall efficiency and accuracy.

The Sunray Companies