Press Release

ACD Drives Competitive Advantage with Intacct’s Cloud ERP System

Fast-Growing Auto Claims Management Company Streamlines Processes and Improves Financial Visibility with Intacct

After evaluating Acumatica and NetSuite’s complex systems, we loved how straightforward yet sophisticated the Intacct solution was – it fit right in line with our own software development philosophy.

SAN JOSE, Calif. – Feb. 16, 2016 – Intacct, a leading provider of best-in-class cloud ERP software, today announced that ACD, a leading auto claims technology provider for the property and casualty industry, switched to Intacct in order to automate key financial processes and increase financial insight into important trends and metrics. By implementing Intacct, ACD has saved significant amounts of time and achieved healthier cash flow, while enhancing the overall customer experience and gaining the ability to make more data-driven decisions.

In a new case study published today, Intacct highlights the results ACD achieved by switching to Intacct’s cloud ERP applications. The full customer profile is available for download at: http://us.intacct.com/customer-success-stories/auto-claims-direct. Here is a quick overview:

ACD’s Results with Intacct:

  • Improved customer experience through value-added reporting
  • Saved 45 hours/month on manual A/R and A/P processes
  • Cut A/R aging dramatically
  • Kept finance team lean during continued revenue growth

Highlighted comments from Kristy Facchini, chief financial officer at ACD:

“After evaluating Acumatica and NetSuite’s complex systems, we loved how straightforward yet sophisticated the Intacct solution was—it fit right in line with our own software development philosophy.”

“Intacct brings us tremendous reporting and dashboard flexibility, which lets us understand relationships between business activities so we can think more strategically. In addition, its robust APIs allow us to speed processes and ensure data accuracy by linking directly to our other business systems, even proprietary ones.”

“Intacct is fully capable of supporting our continued revenue growth without any additional finance staff over the next 5-7 years. In fact, as we’ve scaled, we’ve transitioned two team members to more customer-focused tasks so that we’re providing better insight for our clients’ businesses.”

“When compared with the limited data we had before, the level of information we can access in Intacct is like night and day. Now, we have gross margins by customer and business line at our fingertips. Since these crucial business metrics are no longer a mystery, we can create more realistic projections and make better day-to-day decisions. Our board has been impressed by the new business insight we provide to them.”

About Intacct

Intacct is the customer satisfaction leader in cloud ERP software. Bringing cloud computing to finance and accounting, Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by more than 11,000 organizations from startups to public companies, Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Intacct to their clients. The Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, 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. Connect with Intacct on LinkedIn, Facebook, Twitter, Instagram, Google+, and YouTube.

Media contacts

Peter Olson

Phone: 408-878-0951
Email: polson [@] intacct.com
Twitter: @Intacct_Peter

Brittany Benson

Phone: 408-620-3938
Email: bbenson [@] intacct.com
Twitter: @brittanybbenson

Finn Partners

Phone: 415-905-4000
Email: intacctteam [@] finnpartners.com
Twitter: @finnpartners