Hi, 

As a general process, we use a company template type model.  IFS has many predefined templates to serve as a starting point for a new company. This includes hundreds (or more) of data elements. 

Typically, most consultants would create a single company, set this up as far as possible, and then use this as a basis for the other companies.   

I don’t know of anyone who has done what you're asking. Furthermore, I would not recommend that process.  

You can use the new company assistant with a STD template, create a template, create and tweak a template, and if needed change the template and use the update company process. 

Best Regards, 

Thomas