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Creating a company - Using a company model or a company template

  • December 5, 2024
  • 0 replies
  • 58 views

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Hello,

 

I would like to know what is the best way to set up companies for a client who has an existing of 150 SPVS and needs to create 50 yearly:

-Company A

  • SPV A-1
  • SPV A-2 ...

-Company B

  • SPV A-1
  • SPV A-2...

In IFS we have two ways to create the company

  1. Create a company model “A”, load all core structure data and then creating another company “B” from a company model “A”
  2. Using a template model company
    1. Create a company model “A”
    2. Create a template model -”Template A “based from a company model “A”
    3. Load all core structure data on company model “A”
    4. Create company B using template model -”Template A”

i have two questions:

  1. What is the difference between these two types of creation?
  2. What is the best way to create a company so that i will have less data to load specific by company?

Thanking you for your valuable input.

 

BR

Lakshmi

 

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