SAN JOSE, CA, Dec 06, 2010 (MARKETWIRE via COMTEX) –
Intacct, a leader in cloud financial management and accounting
applications, today announced the Great Books Foundation is using
Intacct to improve its operations. Intacct provides Great Books with
a robust set of cloud computing-based financial applications that
have improved financial processes as well as given the organization
greater insight into operations. With Intacct, Great Books has
streamlined its order-to-cash process, halved its monthly close
process to one week and dramatically shortened the year-end close –
saving the organization thousands of dollars.
In a new client case study published today, Intacct highlights the
results the Great Books Foundation is enjoying from its switch to
Intacct. The full case study is available for download at
http://www.intacct.com/pr/great_books. Here is a quick overview of
the profile:
Previous Business Challenges Faced by the Great Books Foundation:
– Needed a flexible and full-featured financial management, accounting
and inventory management system to support ongoing growth
– Wanted to integrate financial management with existing Sugar CRM,
osCommerce e-commerce and other enterprise systems
– Looking to implement a cloud-based solution to increase ROI and
minimize demands on small IT team
Results with Intacct:
– Streamlined financial processes and improved operations for inventory
management and professional development programs
– Developed a fast and integrated order-to-cash process
– Halved monthly close process to one week and dramatically shortened
the year-end close, saving thousands of dollars in audit fees
– Improved operations and reduced postage costs, saving staff time and
thousands of dollars per year
– Shifted to cloud-based financial management solution, eliminating
software and reducing demands on IT staff
Highlighted Comments from James Linday, VP and CFO of the Great Books
Foundation:
“The magic of Intacct is its flexibility. We were able to easily
customize standard features to meet the unique needs of our
business.”
“Intacct helps us save both time and money through automated and
streamlined processes; and we can now devote those resources to
expanding the reach and success of the Great Books Foundation.”
“I would recommend Intacct to organizations with unique industry
needs or any organization in general. Having a cloud-based financial
management system delivers more benefits than we had expected while
reducing the demand on our IT team.”
For additional information on Intacct’s cloud financial management
and accounting applications, please visit
http://us.intacct.com/products/intacct.php.
About Intacct
Intacct is a market and technology leader in web-based
financial management and accounting applications for businesses and
CPA firms. Bringing cloud computing to finance and accounting,
Intacct’s award-winning applications are the preferred financial
applications for AICPA business solutions. Intacct applications are
used by thousands of businesses from startups to public companies and
are designed to improve company performance and make finance more
productive. The Intacct system includes accounting, contract
management, revenue recognition, inventory, purchasing, vendor
management, financial consolidation and financial reporting
applications, all delivered over the Internet via cloud computing.
Find Solutions for Enterprises, SMBs Service Providers at the ITEXPO East, February 2-4, 2011 Miami Beach Convention Center, FL.
Intacct is headquartered in San Jose, California. For more
information, please visit www.intacct.com or call 877-437-7765.
Intacct and the Intacct logo are trademarks of Intacct Corporation.
All other company and product names mentioned herein may be
trademarks of their respective owners.
Press Contact:
Peter Olson
Intacct
408-878-0951
polson@intacct.com
http://www.twitter.com/intacct_peter
SOURCE: Intacct
mailto:polson@intacct.com
http://www.twitter.com/intacct_peter
