Intacct and RAFFA Forge Strategic Partnership

Top 100 Accounting Firm Taps Intacct to Help Grow Business Serving Non-Profits and Professional Services Organizations
 

SAN JOSE, Calif. – May 9, 2011 –
Intacct, a leader in cloud financial management and
accounting software, today announced a strategic partnership with RAFFA, P.C., a CPA and consulting firm
nationally recognized for its work with non-profit organizations, professional service firms and government contractors. A gold-certified
Microsoft Dynamics VAR for many years, RAFFA has seen its market change as the non-profit
and professional services firms it serves are aggressively moving toward cloud-based
project accounting and financial management software. By joining the Intacct Business
Partner Program, RAFFA expects to expand its market reach with Intacct's market-leading cloud financial software.

"Cloud financial systems represent an inevitable trend that must be supported by forward-thinking consulting firms like ours," said Seth Zarny,
RAFFA's Technology Practice Partner. "We are finding that our clients and prospects need the increased flexibility that can be provided by a
cloud-based system. After thoroughly evaluating the leading cloud financial solutions on the market, we found that Intacct offered the best
combination of functionality and value for our targeted industries."

Established in 1984, RAFFA is a woman-owned firm dedicated to strengthening and supporting the non-profit sector in the greater Washington,
DC region and beyond. RAFFA, with more than 250 professionals and 15 partners, is one of the largest and best managed accounting, technology,
and consulting firms in the United States. In the past year, RAFFA was named to both Accounting Today's Top 100 Accounting Firms and VAR 100
lists, as well as to Inside Public Accounting's Top 100 Accounting Firms list.

The RAFFA Financial Systems Practice targets non-profits,
professional services organizations and federal contractors. In addition to standard financial
capabilities, Intacct offers clients in these industries the advanced system functions, processes, and features they need. For example, Intacct
has particular strengths in areas including project accounting, grant tracking, multiple currencies and consolidations for multi-entity organizations.
Plus, Intacct's rich development tools allow RAFFA consultants to quickly and easily deliver solutions tailored to the individual needs of clients
in its target industries.

"We are very excited to add Intacct to our portfolio at RAFFA. It represents a natural fit for our established clients, and offers the ability to expand
our reach as we grow our brand" said Glenn Anstead, Senior Manager of RAFFA's Financial System's Practice. "Our technology staff has considerable
expertise implementing financial applications, configuring ERP solutions, and providing the added integration solutions required to meet the needs of
our diverse clientele — which range from small million dollar operations to much larger organizations. We've been extremely impressed with Intacct
and expect this partnership will lead to significant growth in our Financial Systems Practice."

"RAFFA is a rising star and already one of the most respected accounting firms in the country. Its focus on moving non-profits and professional services
organizations to the cloud makes the firm a great fit for the Intacct Business Partner Program," said Taylor Macdonald, vice president of Channels for
Intacct. "Having partners like RAFFA are critical to maintaining Intacct's rapid growth rates and our ability to serve an ever-expanding universe of clients.
We look forward to a long and successful relationship with RAFFA as we help joint clients leverage the unrivaled flexibility, functionality and cost savings
Intacct delivers."

About RAFFA

RAFFA helps nonprofit organizations and businesses build capacity and sustain excellence in all areas of their operation. As one of the 100 largest and best
managed accounting, consulting and technology firms in the U.S, RAFFA is committed to developing innovative corporate community involvement strategies that
strengthen our nonprofit sector and incite and empower the public, private, and nonprofit sector to form lasting partnerships that will cause positive, systemic
change in our communities! For more information, visit www.raffa.com.

About Intacct

Intacct is the cloud financial management company. 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 organizations from startups to public
companies and are designed to improve company performance and make finance more productive.
Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct
system includes accounting, contract management, revenue management, project and fund accounting,
inventory, purchasing, vendor management, financial consolidation and financial reporting applications,
all delivered over the Internet via cloud computing.

Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765.

Media Contacts:

Peter Olson

408-878-0951

polson@intacct.com

Twitter:Intacct_Peter

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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.
Date: 
Monday, May 9, 2011