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SAN JOSE, Calif. – July 6, 2016 – Intacct, a leading provider of best-in-class cloud ERP software, today announced that Georgetown Visitation Preparatory School improved financial insight and achieved significant time savings by replacing Blackbaud Financial Edge with Intacct. The school selected Intacct over Microsoft Dynamics, and is using its dimension-based General Ledger to better track spending and development needs, which drives accountability across the organization. Georgetown Visitation also automated several financial processes with Intacct, eliminating manual work and speeding its monthly close.
In a new case study published today, Intacct highlights the results Georgetown Visitation achieved by implementing Intacct’s cloud ERP software. The full customer profile is available for download. Here is a quick overview:
“After comparing Intacct against the Blackbaud and Microsoft Dynamics solutions, we saw a huge difference in how much easier it was to use Intacct’s reporting and analysis capabilities.”
“Since we couldn’t prepare consolidated financial reports in Financial Edge, we used to spend at least six hours every month on Excel manipulation, and often even more time fixing mistakes. But with Intacct, we’re able to instantly produce over 100 financial reports at any time – including consolidated reports across our operating fund, plant fund, and capital campaign fund, as well as reports for each individual entity, department, project, grant, and endowment.”
“Before Intacct, we had been coding all graduation-related expenses under a general admin account, but when we started tagging them with the project dimension, we found out that we were actually spending nearly three times the amount we had estimated. With this transparency, we can make more informed decisions as we start next year’s graduation planning.”
“With clear visibility into all our data in Intacct, we can easily show our board things like year-over-year comparisons, along with specific details and reasoning in each category where there’s any variance. This brings peace of mind and confidence in our data.”
“Intacct has been the perfect solution for our needs, and the mindset across our organization has completely changed since we made the switch. Now everyone has visibility into their spending and knows immediately if their budget starts to go negative, so there’s real ownership by department managers.”
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.