Intacct Grabs Top Score from The CPA Technology Advisor

Published on October 2, 2008 in Computer & Electronics, Computer Software, Internet, Technology

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Intacct Financial Management System Earns Perfect Score in Every Category in Publication’s Review of Mid-Range Accounting Systems

SAN JOSE, Calif. (October 02, 2008) –

Intacct, a leader in on-demand financial management and accounting applications, today announced that The CPA Technology Advisor has awarded Intacct a perfect five stars in its 2008 Review of Mid-Range Accounting Systems – the highest score possible. Intacct earned perfect scores in all review categories, including ease of use; modules and notable features; integration, import and export; reporting; support and training; and overall relative value.

“We are particularly proud of our perfect score in the CPA Technology Advisor review because this is a direct comparison of Intacct and the top selling, most mature on-premises financial applications – Microsoft Dynamics GP, Sage, and QuickBooks Enterprise,” said Daniel Druker, senior vice president of marketing and business development at Intacct. “The Financial Applications category is one of the most mature in the software market, so it is a major milestone that a Software as a Service application is being recognized as having reached functional parity with or surpassed the on-premises leaders. It wasn’t too long ago they said this couldn’t be done.”

In the review, the author notes: “With its spring 2008 release, Intacct has added numerous system enhancements and features, including Contract Renewals Automation, which allows those providing service contracts to schedule renewal dates and other related activities. Also new is QuickStart Financials, which provides new users with a prepackaged group of templates and reports, and allows companies to be up and running even more quickly than before.” The author adds: “Multi-entity capabilities make Intacct an excellent choice for those with multiple locations, allowing companies to easily enter and process information for multiple locations as easily as if for one, with simple consolidation for corporate and partner-level reporting.”

Intacct offers a complete financial management system, including accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Web via Software as a Service (SaaS). Intacct cost-effectively delivers features that were previously only available in high-end accounting products, helping companies of all sizes streamline and automate critical financial business processes from order entry through cash collection and procurement through vendor payment.

“The efficiencies we’ve gained with Intacct help us accommodate organic growth without adding resources to the finance team,” commented Jim Tipton, registered CPA and managing director of finance at nGenera. “Even better, we’ve now got a single view into our business, across departments and geographic regions – enabling us to more effectively manage our finances to support our long-term strategic objectives.”

To read the complete five-star Intacct review from The CPA Technology Advisor, please click here.

About Intacct
Intacct is a market and technology leader in on-demand financial management and accounting applications. The company’s award-winning solutions are used by thousands of businesses, from startups to public companies, and are designed to improve company performance and make finance more productive. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Web via Software as a Service. Intacct is the only on-demand financial management solution seamlessly integrated with salesforce.com. As a company grows, Intacct’s deep and mature applications, SAS 70 Type II certification, and documented processes support Sarbanes-Oxley compliance for public enterprises.

Intacct is headquartered in San Jose, California, with operations in Bangalore, India. For more information, please visit www.intacct.com or call 877-437-7765.
Media Contact:
Peter Olson
Tel: 408-878-0951
Email: polson@intacct.com

Source: Intacct

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