Glossary
LEXICON / TERMERP software that supports running more than one legal entity, plant, or branch on one platform, with each entity's data structurally separated while still allowing consolidated reporting when needed.
Multi-company ERP is ERP software built to run more than one legal entity, plant, or branch on a single platform — with each entity's data and user access structurally separated, while still supporting a consolidated view when one is needed.
The real test isn't whether a second company record can exist — it's whether a user's access is genuinely scoped to only the companies or branches they're granted, and whether that access can be time-bound rather than permanent by default.
A real multi-company implementation typically models organisations, companies, branches, and departments as a genuine hierarchy with scoped role assignments, plus a separate consolidation capability that rolls up multiple entities' books without breaking each entity's own independently accurate records.
A distributor running four warehouses under one legal entity gives its branch managers access scoped to their own branch, while finance retains a consolidated view across all four for close and reporting.
Vercentlabs supports real multi-entity consolidation and intercompany posting inside Accounting's close/planning capability group, on top of the same structural company/branch/department isolation and scoped, time-bound roles described under Multi-Tenant SaaS — not a manual spreadsheet roll-up.
Lexicon cross-reference
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