Press Release

Micro DataNet Adds Intacct Cloud Financial Applications to Its Portfolio

Micro DataNet Partners with Intacct to Tap Into Growing Market for Cloud-based Applications and Expand into Professional Services Automation

Micro DataNet logo

Cranford, NJ - March 16, 2012 - Micro DataNet, a leading technology consulting firm, based in Cranford, New Jersey with a focus on specialized financial & distribution applications, today announced a partnership with Intacct, a leading provider of cloud financial management and accounting software. As an Intacct Business Partner, Micro DataNet will sell, implement, support, and develop enhancements for Intacct’s award-winning cloud financial applications. Micro DataNet a top Microsoft NAV partner for thirteen years is aligning with Intacct in response to increased demand for cloud computing-based applications from its prospects and clients.

Micro DataNet selected Intacct after carefully reviewing other cloud financial systems on the market. Intacct stood out for its robust financial management functionality and the ability to seamlessly integrate other best-of-breed cloud solutions, such as Salesforce.com for CRM and Clarizen for project management, with its financial platform. The firm plans to initially focus its Intacct practice at Professional Service organizations, finance and pharmaceutical research companies. Intacct is the only cloud financial system in Micro DataNet’s product portfolio.

“Since 1984 we’ve been helping clients choose, implement, and use the best software for their businesses, and it is very clear of late that progressive companies are recognizing the value in using a cloud-based financial system to achieve both a cost advantage and gain unquestionable visibility into their business,” said Marvin Fischer, President at Micro DataNet. “After a frustrating experience with another cloud solution, we performed an exhaustive evaluation and are convinced Intacct was clearly 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, leverages our partnership with Salesforce.com .and provides us with an opportunity to target several new industries.”

Intacct’s comprehensive project accounting capabilities will help Micro DataNet’s 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, provide better customer service and avoid the leakage of billable project time and expenses.

Micro DataNet 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. A real benefit for project oriented companies

“Unlike some of the other cloud-based options we represented, Intacct has unmatched depth and breadth when it comes to the core financial applications,” added Fischer. “We like that Intacct is focused exclusively on financials and has built a tightly integrated portfolio of solutions to offer customers best of breed choices for their other business applications. We see cloud financials gaining momentum in the SMB market and we see tremendous opportunities to accelerate our growth with Intacct for the Professional Services market. “

“From past experiences with cloud based solutions, it became increasing evident that Intacct’s approach to seamlessly integrate accepted industry leading solutions such as Salesforce.com and Clarizen will provide our clients with best of breed solutions to confidently drive their business,” continued Fischer.

“We continue to attract the highest level of firms to the Intacct Business Partner Program,” said Taylor Macdonald, vice president of Channels for Intacct. “Our offerings are ideally suited for the project-based companies that are Micro DataNet’s targeted market. Marvin Fischer and his team have extensive background in ERP and financial software, which will be a huge benefit to our mutual clients. I look forward to working closely with Micro DataNet for many years to come.”

About Micro DataNet

Micro DataNet, a leading ERP solution provider since 1984 and a top Microsoft NAV partner for over 13 years has focused on implementing and supporting some of the largest and most challenging NAV installations in the country. We limit our client base to larger client companies who recognize our ability to not only modify NAV to manage and support their complex system requirements, but also provide business process consulting expertise to further advance their operations. The addition of Intacct to our portfolio along with NAV and Salesforce.com will allow us to address complex financial consolidations and advance productivity for Professional Service organizations with the right platform.

Micro DataNet is headquartered in Cranford, NJ. http://www.micro-datanet.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