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Intacct Product Tour for Project Accounting
Tuesday, June 11, 2013 10:00AM PDT

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Professional services

Connect project and finance information, boost project profitability and performance—and deliver exceptional client value.

Put an end to running multiple, disconnected applications for sales, services, and finance.

Intacct provides professional financial management and accounting software for streamlining your services business using a single, connected system to manage the end-to-end process of delivering services to your customers—on-time, within budget—and improve revenue per employee by up to 23%.

Create a single source of business intelligence using an end-to-end system that brings together sales, services, and finance. Intacct connects project information with robust financial management—making it easier to deliver services on time, on budget, and within scope —helping you improve on-time project delivery by as much as 7%.

Gain real-time resource and project financial visibility.

Gain real-time visibility into every area of your project-based or services business—whether you’re interested in the most profitable clients, the true cost of projects, the cost tied to each service delivery employee, or any other financial metric unique to your business. Plus, you can centralize all project-related financial and operational information on real-time, role-based dashboards.

Take advantage of Intacct professional services accounting software to help you create more than 40 best practices reports and graphs designed specifically for services businesses to analyze key metrics, including profitability by project, profitability by client, project delivery costs against plan, or resource utilization—plus more than 150 non-industry specific reports. Enable users to generate custom reports and analytics to meet specific business needs using robust ad hoc reporting capabilities, improving project visibility and performance.

Streamline and automate time and expense capture.

Take advantage of Intacct accounting software, optimized for your professional services business, to help you maximize revenue, minimize revenue leakage, and improve forecasting accuracy by making sure you track 100% of services rendered and expenses incurred—from invoicing every billable transaction to proactively managing project costs. Make it easy for employees or contractors to enter time and expense from anywhere, at anytime. Boost the accuracy of invoices and improve revenue per employee by 23% by automatically capturing client billable and non-billable time, expenses, and other project related costs.

Optimize utilization by managing resources more effectively.

Get the most out of your existing resources by gaining complete visibility into resource management needs from bid to approval. You can boost resource utilization by as much as 5%—improving project performance and increasing project success and profitability—by managing resource allocations by availability, by skills, and by experience.

Accelerate billing and collection cycles.

Gain deep insights into project costs, margins, and profitability, improving forecast accuracy by leveraging the previous plan and actual performance of projects. Streamline the invoicing cycle by automatically generating invoices from timesheets, expenses, purchases, accounts payable, and other project-related transactions. Automate even the most complex billing terms—including one time, recurring, fixed price, cost plus, and many more—with powerful project and billing rules and schedules saving time and ensuring accuracy of billing. Quickly and easily customize your invoices to your company’s brand using custom or out-of-the-box templates, for all your invoices, or specific to each client speeding up the review and payment process.

Automate revenue management.

The way you bill customers may vary from the way you recognize revenue. For example, you may bill a customer 50 percent upfront and 50 percent upon project completion, but recognize the revenue at regular intervals as you deliver the service. Intacct professional services accounting software automates the recognition and deferral of project-based revenue—saving your finance team time and improving accuracy. Learn more about Intacct Revenue Management.

Deliver real-time accessibility to your mobile workforce.

Intacct professional services accounting software makes it easy for your increasingly distributed workforce and client-base to enter time and expense data from anywhere, at any time, so it's available immediately to your professional services and finance organizations. Give distributed staff and stakeholders secure access to the most current information about the status of a project—time, expenses, tasks, or timelines—at any time, from anywhere using your PC, Mac, tablet, or smart phone.

Dramatically reduce IT costs.

As a cloud service, Intacct dramatically reduces IT and operating costs and delivers a far lower total cost of ownership than on-premises accounting software for your services business.

Avoid purchasing and supporting servers, or other IT hardware, and infrastructure at your locations—as wells as hiring IT staff to manage the system. Eliminate the need to acquire, house, and maintain redundant equipment to ensure security, reliability, and scalability. Let Intacct manage all application maintenance and upgrades—saving the equivalent of ½ FTE in IT personnel.

Take advantage of our industry expertise and commitment to your satisfaction with professional services from Intacct and our partners that will get you up and running in 60 days or less.