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Manage your global accounting challenges with Intacct
Business today is more global than ever. Even small and medium-sized organizations are adding foreign entities and transacting business in multiple currencies. Some of the greatest global accounting challenges arise within multinational organizations that must contend with complex regulatory frameworks, geographies, laws, currencies, and other issues. It is important to have a global accounting solution designed not only to handle this complexity, but ideally, to shield the finance team from that complexity.
In 2003, Intacct became the first cloud-based accounting system to allow companies to manage their multi-currency and multi-location businesses, in real time. Intacct now has thousands of companies operating multiple entities and transacting in multiple currencies. It's an area our customers and partners cite all the time as a key driver of significant return for their investment.
For example, the CFO of ProKarma mentions that Intacct's consolidation functionality saves them around 30 hours of work per month. He notes: "Global consolidation prior to Intacct was a very, very painful process. Now, with Intacct, our consolidation process is about as close to a one-button consolidation as you can get."
If you run a global business, Intacct can help you master your global accounting complexities with an innovative technical foundation and the right functionality to handle the complex tactical and strategic challenges of multinational accounting, financial reporting, and regulatory requirements. If you want to learn more, contact us.