Press Release

CFO Rapid Fire Cloud Based Business Intelligence Announces Integration with Intacct Cloud Accounting to Set New Standard for Financial Reporting

CFO Rapid Fire logo

Novi, MI & San Jose, CA - April 10, 2012 - CFO Rapid Fire has joined the Intacct-Ready™ Partner Program and becomes the premier solution providing interactive business analytics integrated with Intacct. Intacct customers utilizing CFO Rapid Fire will now be able to do more than just view their financial and accounting data. They will be able to improve decision making by combining their Intacct accounting, project and sales force data with tools that enable on-the-fly manipulation and graphical visualization of complex calculations and what-if scenarios all delivered in the cloud.

“CFO Rapid Fire business intelligence allows users to analyze and trend all of their company’s data from anywhere and at any-time,” said Meg Potts, founding partner of CFO Rapid Fire. “Partnering with Intacct is a natural extension of our goal to provide users with a 360 degree interactive experience with their business information. The ability of a company to trend its non-financial enterprise datawith its accounting/ERP data is unparalleled in any other application.”

At the core of the CFO Rapid Fire / Intacct-Ready module is Instalytics™, a brand new way of seeing, reading and interpreting financial statements. Instalytics provides the first breakthrough in financial reporting in years – no longer constrained by the traditional current year, prior year flat view of financial reporting; financial statements take on a new life, allowing users to view any time period, in any format, for any account at a click of a button.

The drill down capability of Intacct is replicated in Instalytics and allows a company to further refine and extend the reach of Intacct to other areas of their business. Companies are using this new method of reporting to track and trend side by side periods, quarters, and years, while at the same time using the broad functionality of CFO Rapid Fire to marry trends with their other data sources. This new technology doesn’t stop with financial statements; it applies to EVERY source of information within Intacct including project management, project accounting, and sales force automation. “Instalytics is addictive. We’re able to provide our customers with what they need to see, when they want to see it, wherever they are,” added Gregory Thomas, founding partner of CFO Rapid Fire.

“CFO Rapid Fire can be a useful tool for our joint customers that want to analyze and trend their financial data with other operational data,” said Dan Miller, vice president of Product Management for Intacct. “CFO Rapid Fire makes it easy for companies to pull data from multiple sources – such as Intacct, payroll, point of sale, purchasing – into one system for analysis and reporting.”

About the Intacct-Ready™ Partner Program

Under the Intacct-Ready Partner Program, Intacct partners with leading companies to develop and certify integration between their cloud computing-based applications and technologies and Intacct's cloud financial management applications. More information on how to achieve Intacct-Ready status is available at http://us.intacct.com.

About CFO Rapid Fire, LLC.

Established in 2010, CFO Rapid Fire, LLC is the creator of CFO Rapid Fire™ the interactive, cloud based, business intelligence system that captures business data from any available source and translates it into exciting “visualizations” providing bold and interactive graphical displays of information that result in bottom line change. The company was founded by enterprising finance professionals Gregory Thomas and Meg Potts, whose vision of providing real-time access to critical and relevant business analytics continues to define the company.    Customers can combine all of their company’s data, trend it, monitor exceptions, discover new relationships, interact with it in real time and share it from their desktop or mobile device. CFO Rapid Fire™ is a truly remarkable tool that accelerates value to the bottom line. CFO Rapid Fire™ is powered by Tableau, ranked by Gartner in 2012 as one of the world’s leading business analytics platforms. Visit the company’s web site at http://www.cforapidfire.com.

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