Press Release

Intacct Drives Increased User Engagement with Recent Product Enhancements

New Mobile, Business Intelligence, and Collaboration Capabilities Make Securely Accessing, Sharing, and Leveraging Financial Data throughout an Organization Easier

SAN JOSE, Calif. – July 11, 2012 – Intacct continues to deliver on its mission to make its cloud financial management and accounting software easier to access and customize. Building on the new user experience launched in Fall 2011, Intacct recently rolled out more than 100 new features designed to stimulate engagement in the financial process by workers within and beyond the finance department. Key enhancements in the latest release of the Intacct Financial Management System include an updated mobile interface for dashboards and approvals; streamlined business intelligence capabilities; time saving data import, company setup, and end user management enhancements; and greater flexibility in security controls to ensure secure collaboration with critical financial data.

Intacct financial management and accounting software is used by more than 5,000 small and midsize businesses worldwide – from start-ups to public companies. Intacct helps finance teams save time and effort by automating manual processes, and provides unparalleled visibility into financial and operational data to improve business decision making. The recently released Intacct Spring 2012 is a continuation of these themes, with features focused on mobility, business intelligence, and collaboration.

Highlights from Intacct’s Spring 2012 release:

Increased Mobility

Intacct continues to provide additional enhancements to the interface and capabilities of its mobile application to drive anywhere, anytime engagement with financial data. When users log in from a smartphone or tablet, Intacct automatically detects the platform and adapts the interface to that device. A new dashboards icon puts mobile and tablet users one click away from their latest financial and operational data to make decisions on the go. In addition, a new approvals icon enables mobile users to approve expense reports, timesheets, purchases requisitions, and reimbursements to eliminate process bottlenecks when people are out of the office.

Streamlined Business Intelligence

A new interface in the “account groups” view delivers more organized reporting components, enabling users to easily build multifaceted reports for analyzing financial data. This update is ideal for encouraging user engagement across the organization by leveraging financial and operational data presented in a format easily consumable for business users. For example, an AR manager can quickly view days sale outstanding (DSO) data, while a sales director can drill down into departmental expenses, and a CFO can glance at changes to the company’s financial positions or KPIs.

Additionally, users can now allocate financial data across all dimensions, including locations, departments, classes, customers, vendors, employees, and items. Automatically allocating financial transactions across these dimensions ensures finance managers can more accurately analyze and report the financial results of the business using the business criteria that matter the most to the organization.

Improved Collaboration

Intacct now allows users to more efficiently assign roles, permissions, and client access – saving time and effort, while ensuring all stakeholders have appropriate access to information. From a single view, administrators can instantly assign roles to large numbers of users, and update role changes with one click. Also, CPAs and partners using Intacct can easily manage staff access to client companies by region and service type from the user group screen.

More than 100 Additional Enhancements

Showcasing the impressive pace of development available with a cloud-based system, Intacct Spring 2012 includes more than 100 individual enhancements – many of which were suggested by Intacct’s customers and partners. Intacct uses crowdsourcing to encourage customers and partners to create, refine, and vote on ideas for the improvements that they would like to see made to the Intacct system. Other highlights of the Spring 2012 release recommended by users include customizable timesheet periods; easier data import and company set up processes; and more flexibility and control of the output of customer printed documents. Users can now tailor their output for the entire company, or by specific customer to meet their precise needs to eliminate any questions from customers or disputes.

Availability

Intacct Spring 2012 is available now and the service can be purchased directly from Intacct or through Intacct's partner network of more than 300 value added resellers and CPA firms.

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