Press Release

Gilchrist Scott, Ltd Adds Intacct Cloud Financial Applications to Its Portfolio

Longtime Microsoft Partner Aligns with Intacct to Tap Into Growing Market for Cloud-based Applications and Expand into New Vertical Industries

Gilchrist Scott logo

SAN JOSE, CA and PORTLAND, Maine – May 23, 2012 – Intacct, a leading provider of cloud financial management and accounting software, today announced Gilchrist Scott, Ltd. has joined the Intacct Business Partner Program. Gilchrist Scott, a leading technology consulting firm based, will now sell, implement, support, and develop enhancements for Intacct’s award-winning cloud financial applications. The firm aligned with Intacct in response to increased demand for cloud computing-based applications from its prospects and clients.

Gilchrist Scott, a top Microsoft partner, selected Intacct after carefully reviewing all other cloud financial systems on the market. Intacct stood out for its best-of-breed cloud financial platform and its deep project accounting and Services Resource Planning capabilities. The firm plans to initially focus its Intacct practice on not-for-profit and professional services organizations, and then expand into new markets from there. Intacct is the first and only financial system in Gilchrist Scott’s product portfolio that is 100% cloud-based.

“We’ve been helping clients choose, implement, and use the best software for their businesses for over 20 years, and it is very clear lately that successful companies are increasingly interested in using a cloud-based financial system,” said Sandra Wyman, President at Gilchrist Scott, Ltd. “After looking at the cloud options on the market, we thought Intacct was the best fit for our target industries. We feel that adding Intacct to our portfolio gives our clients the power to choose the system that best fits their needs and provides us with an opportunity to target several new industries.”

Intacct’s project accounting and Services Resource Planning capabilities will help Gilchrist Scott clients that are project and services-based businesses to optimize operations and gain real-time visibility throughout the entire project life-cycle. With Intacct, these companies can more easily monitor the financial progress of their projects, maximize utilization, better manage their cash flow, provide better customer service and avoid the leakage of billable project time and expenses.

Gilchrist Scott is also excited about the web-based dashboards, reporting and business intelligence capabilities built into the Intacct system. Intacct provides a powerful set of analytics and reporting tools that empower users with real-time, accurate and consistent visibility into financial and operational data. The ability to run financial reports by dimensions, such as by customer, by vendor, by project or by fund is particularly important to their clients – especially those in the non-profit sector.

“As the market turns more heavily toward cloud-based systems, Intacct continues to be the partner of choice for consulting firms looking to add a true cloud financial system to their portfolio,” said Taylor Macdonald, VP of Channels for Intacct. “Our offerings are ideally suited for the project-based companies that are Gilchrist Scott, Ltd.’s core target clients. Sandy Wyman and her team have built an impressive consulting practice, with a strong background in ERP and financial software. This will be a huge benefit to our mutual clients and provides the groundwork for a successful, long-term partnership.”

About Gilchrist Scott, Ltd.

Gilchrist Scott, located in Portland, a Microsoft Certified Partner, specializes in accounting and back office software for numerous industries, including distribution, construction and professional services. They have been working with businesses throughout New England for more than 20 years.

For more information on Intacct and to see if Gilchrist Scott has the right solution for you, please contact us at 207.761.2133 or e-mail: info@gilchristscott.com Connect with GSL on LinkedIn or Facebook . Visit us at www.gilchristscott.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