Press Release

Intacct Delivers Strong Growth in Fiscal Q3 with 40 Percent Increase in New Customer Bookings

Fast Growing Mid-Sized Companies Flocking to Intacct’s Cloud ERP Software

Intacct logo
Intacct’s combination of innovative product functionality and a laser focus on customer satisfaction continues to fuel interest from companies looking to accelerate their growth..

SAN JOSE, Calif. – April 22, 2015 - Intacct, a leading provider of best-in-class cloud ERP software, today announced another quarter of impressive growth. New customer bookings for the company’s third fiscal quarter increased 40% over the same period in the prior year. The quarter was marked by growth across both the company’s direct and in-direct distribution channels.

Intacct continues to see increased demand coming from companies replacing Microsoft Dynamics and a variety of products from Sage. These companies are looking for a modern ERP system that offers not only a cost advantage, but also agility and growth advantages in harnessing powerful cloud applications to run their business. Companies running their finances on Intacct are able to grow faster and scale farther – to an Initial Public Offering (IPO) and beyond.

To that end, Intacct closed deals in the quarter with a variety of fast-growing companies across key verticals, including Software/SaaS, Services, and Nonprofit organizations. Intacct also added new public companies to its customer roster, including such high-fliers as K12 (NYSE: LRN) and TigerLogic (Nasdaq: TIGR).

“We continue to execute at a high level across all facets of the business, resulting in another quarter of strong growth,” said Robert Reid, CEO of Intacct. “Intacct’s combination of innovative product functionality and a laser focus on customer satisfaction continues to fuel interest from companies looking to accelerate their growth by adopting modern cloud financial applications.”

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