Solutionreach Scales Subscription-based Business with Intacct

Solutionreach offers software-as-a-service (SaaS) solutions for total patient engagement, serving health care providers such as dentists, physicians and optometrists. The company has grown revenues 50 percent consistently over the past several years, and as this growth accelerated, its finance team decided to replace its basic QuickBooks accounting software. They went in search of a modern cloud ERP system that could more efficiently handle the company’s exploding B2B subscriptions revenue model, while providing greater visibility into business performance.

After comparing Intacct against NetSuite and Acumatica, we found Intacct to be the perfect fit for our specific needs around subscription billing, revenue recognition, and financial visibility.
Steve Dalton
Director of Finance
Solutionreach

Previous business challenges

  • Needed a more efficient and flexible solution to manage its B2B subscription revenue model
  • Wanted a subscription management solution that was built with Salesforce CRM in mind
  • Required richer, multi-dimensional reporting for greater insight into SaaS metrics, projected revenue, and expenses

Results with Intacct

  • Automated recurring billing, payments, and revenue recognition—saving hundreds of hours of work each month and cutting its monthly close in half
  • Gained visibility into subscription metrics and insight into new market opportunities
  • Minimized finance staffing needs despite company growth, achieving quick payback period and high ROI
INDUSTRY
  • Software & SaaS