LarsonAllen Uses Intacct to Improve Client Service and Increase Staff Efficiency

Published on November 3, 2008 in Computer & Electronics, Computer Software, Internet, Technology

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Professional Services Firm Standardizes Clients on Intacct Financial Management System

SAN JOSE, Calif. (November 03, 2008) –

Intacct, a leader in on-demand financial management and accounting applications, today announced that LarsonAllen LLP (LarsonAllen) is moving to standardize its outsourcing clients on Intacct to provide faster and more proactive service, as well as to increase efficiency of its geographically dispersed staff. As a Software as a Service (SaaS) solution, the Intacct financial management system provides anytime, anywhere access to real-time data, ensuring both LarsonAllen clients and staff have critical information at their fingertips.

LarsonAllen helps its clients with a diverse portfolio of services such as risk management, benefit services, information security and litigation services, as well as accounting, auditing and tax preparation. This full-service approach has helped LarsonAllen become one of the top twenty accounting firms, with 1,400 people in more than 25 locations throughout the country.

In order to serve clients more effectively, LarsonAllen wanted to create service delivery efficiencies by utilizing a web enabled platform. Top among LarsonAllen’s criteria was finding a flexible, on-demand solution that didn’t require clients to install software on site. Other key criteria included audit trails; support for multiple entities, multiple currencies and employee expense reporting; and rich reporting and dashboards. After reviewing various solutions on the market, LarsonAllen selected Intacct.

“Intacct offers us the ability to provide superior service to our clients on a consistent financial services package, because it’s simple for clients to deploy and use. There’s no need to install software, and clients can integrate Intacct with existing applications to share data,” said John G. Wooldridge, CPA and principal at LarsonAllen. “For LarsonAllen, moving to one platform also means we will have a consistent process for accounting that benefits all of our staff in offices across the country.”

Transitioning clients to Intacct is proving to benefit both LarsonAllen and its clients in a number of ways. First and foremost, LarsonAllen has significantly improved its ability to provide clients with financial information in real-time through the use of Intacct. The immediate access to financial data provided by Intacct has allowed clients to manage their businesses much more timely and effectively.

Another tangible benefit of Intacct is that it has enabled LarsonAllen to more effectively manage its staff resources. Like many firms, the company faces the challenge of a shortage of qualified accounting resources in the market. Intacct’s on-demand delivery model enables staff in any location to access client information, so LarsonAllen isn’t limited to hiring accountants only in cities where it has offices.

“In addition to our office-based staff, we have accountants who work from home offices throughout the country. Intacct gives every employee instant access to the same information, so it doesn’t matter if they’re in Pennsylvania or Phoenix,” commented Wooldridge. “This flexibility allows us to more effectively leverage a wealth of experienced accountant resources across the country to better meet our clients’ needs – which is the number one priority.”

Transferring information electronically within Intacct eliminates the risk of computer discs being lost or delayed in the mail, and helps the firm respond quickly to meet client needs. More importantly, the combination of real-time data, anywhere access and a consistent process for accounting that Intacct delivers is driving a level of increased efficiency that is helping LarsonAllen more effectively service the needs of its clients. Accounting staff no longer waste time going back and forth with customers to research or verify information, and can instead focus on providing the high-quality service that is a hallmark of LarsonAllen.

“Intacct has been instrumental in helping us improve operations and increase our overall success,” added Wooldridge. “The migration of clients to Intacct is a decision that benefits both our company and our clients.”

About the Intacct Accounting Partner Program
Intacct Accounting and Accounting Outsourcer Partners include CPA firms and accounting outsourcing firms who use Intacct’s on-demand accounting solution to deliver complete and comprehensive accounting services to businesses worldwide. They choose and recommend Intacct for its extensive accounting and reporting capabilities. By collaborating in real-time, over the internet, accountants can instantly view the current financial data for any of their clients from any location. Intacct’s automated alerts also allow accountants to proactively advise clients when exceptions occur, improving client service and satisfaction. To learn more about the Intacct Accounting Partner Program, please visit http://us.intacct.com/partner/bpo.php.

About LarsonAllen
LarsonAllen LLP (LarsonAllen) is a professional service firm that provides assurance, accounting, tax, consulting, and advisory services to organizations and individuals managing business ventures and finance. Founded in 1953, LarsonAllen’s certified public accountants, consultants, and advisors are dedicated to providing quality results to clients. LarsonAllen has 1,400 people and more than $200 million in annual revenues. Offices are located in Arizona, Florida, Massachusetts, Minnesota, Missouri, North Carolina, Pennsylvania, Texas, Washington DC, and Wisconsin. LarsonAllen is an independent member of Nexia International, a top 10 worldwide network of independent accounting and consulting firms. Founded in 1971, Nexia provides a global network of independent auditors, business advisors, and consultants throughout 620 offices in 97 countries.

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.
Media Contact:
Peter Olson
Tel: 408-878-0951
Email: polson@intacct.com

Source: Intacct

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