Business Process for Managing Global Accounts

Hi
I would be interested to know how other people have managed accounts that are Global.
Currently the business in the US are using On Demand and EU are going live in Q1 2010, so I want to define a business process to manage Global accoounts that can then be applied in On Demand. Currently we are not using books
Has anyone used the Parent Account Function?
All Suggestions welcome
E

We use the Parent Account function as we work in Financial Services. I would say its perfect for our world but only use it if you business functions this way.
We have advisers who are licensed through a dealergroup each adviser appears below the dealergroup and both the dealergroup and Adviser have Contacts. All "Prospect" advisers are loaded as Contacts under the dealergroup until they load their first piece of business with the company and then they have an accounts created and i merge the associated contacts.
We also use books to hide accounts and contacts from different departments and users. I would say if you are planning to run this system in multiple countries this is a must.
Sorry that's just my world got abit carried away.

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