Business Central Implementation for Valid's US Entity
Valid is a global digital identification and security company operating across three core verticals: ID & Digital Government, Banking & Payments, and Trusted Connectivity. With operations spanning multiple continents and a workforce delivering security infrastructure to governments and financial institutions worldwide, Valid needed their US entity's ERP to match the precision and reliability of the solutions they deliver.
The US subsidiary required a greenfield Microsoft Dynamics 365 Business Central implementation — starting from zero with no legacy system to migrate from, but with complex requirements around multi-currency operations, US federal and state tax compliance, and alignment with the global parent company's reporting framework.
Multi-Currency & Cross-Border Complexity
A US subsidiary of a global corporation requires multi-currency transaction processing, US federal and state tax compliance across multiple jurisdictions, and chart of accounts alignment with the parent company's global financial consolidation. Getting any of these wrong creates audit risk, tax exposure and reporting delays.
Implementation Approach
Econix designed a focused, right-sized implementation that delivered the ERP capability the entity needed without the overhead of an enterprise-scale project. For a lean subsidiary team, the engagement prioritized speed to value, clean configuration and sustainable processes over complexity.
Finance Module
Chart of accounts designed to align with global parent reporting requirements. General ledger, accounts payable, accounts receivable, bank management and fixed assets configured for US operations with multi-entity consolidation in mind.
Sales & Purchasing
End-to-end order-to-cash and procure-to-pay workflows configured. Customer and vendor master data structured for US operations with support for global intercompany transactions.
Inventory Management
Item master, locations and inventory valuation configured for the US entity's product and service mix. Costing methods aligned with corporate accounting policies.
Multi-Currency & Tax Configuration
Multi-currency support configured with USD as functional currency and automated exchange rate updates for global parent currencies. US federal and multi-state sales tax rules implemented with tax jurisdiction mapping.
Right-Sized Implementation
Not every Business Central project needs to be an oversized enterprise-scale engagement. Valid's US entity had a lean team and clear requirements. The right approach was a focused implementation led by senior consultants, delivered through an efficient engagement.
Right-Sized Implementation
A lean US subsidiary does not need an enterprise-scale project. Econix delivered a Business Central implementation covering finance, sales, purchasing and inventory, with multi-currency and US tax configuration, through a focused engagement led by experienced senior consultants — no discovery bloat, no unnecessary workshops, no scope creep.
Results
Outcome highlights:
- Finance, sales, purchasing and inventory deployed
- Team operational at go-live
- Multi-currency support for global operations
- US federal and state tax compliance configured
Global-Ready, Locally Operational
Valid's US entity went from no ERP to an operational Business Central environment — finance, sales, purchasing and inventory — with multi-currency support and US tax compliance. The implementation was designed to scale as the US operation grows, with a clean foundation the global parent can rely on for consolidated reporting.
Starting a New Business Central Implementation?
Whether you are standing up a new entity, expanding into a new market or replacing a legacy system, a focused implementation with an experienced partner delivers faster time-to-value and lower risk.
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