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SAN JOSE, Calif. – June 26, 2013 – Intacct, a leader in cloud financial management and accounting software, today announced Nucleus Research has selected TOA Technologies, a global provider of field service management software solutions, as a recipient of a 2013 Technology ROI Award for its implementation of Intacct cloud financial applications. This award recognizes companies whose deployment of IT solutions has produced a positive, bottom-line financial return on investment (ROI).
Nucleus Technology ROI Award winners are a great demonstration of the link between IT strategy and business goals. TOA was outgrowing its existing accounting software, QuickBooks Online, and needed a solution that would automate its business processes, help its accountants process more transactions, and empower remote workers to share timely information for accounting management purposes. Nucleus Research found that TOA’s move to Intacct’s cloud financial applications resulted in a 532% ROI, full project payback within 2.5 months, and an average annual benefit of more than $300,000.
“TOA Technologies is a great example of how IT investments, when closely aligned to business goals, can deliver significant value,” said Rebecca Wettemann, vice president at Nucleus Research. “TOA took full advantage of Intacct’s cloud financial applications to increase productivity and support rapid growth, without having to add staff. The result was an impressive return on their investment and full payback in less than three months.”
“We are excited to see our customers being recognized for their outstanding work and the benefits our cloud financial system can deliver,” said Clark Newby, vice president of Marketing at Intacct. “The benefits of migrating key business applications to the cloud are very compelling. Thousands of companies like TOA have made the move to Intacct’s cloud financial applications to automate key business processes, drive increased revenue, and save on IT costs.”
Intacct is the innovation and 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.