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SAN JOSE, Calif. – May 1, 2012 – Intacct, a leader in cloud financial management and accounting software, today announced that CPA Practice Advisor has awarded Intacct a rating of “Five Stars” as part of its 2012 Review of Cloud-based Accounting Systems for Small Business. Intacct was the only application to receive the coveted five star rating and this marks the fourth straight year the publication has selected Intacct as the top-rated accounting system for small businesses.
For many small businesses, QuickBooks, Peachtree, and other entry-level financial applications offer an easy and affordable first step in managing their business. As these companies begin to grow – reaching 20 to 100 employees – spreadsheets and entry-level accounting programs are no longer acceptable. Intacct offers growing small businesses a true corporate-caliber financial management and accounting system that centralizes data, automates financial processes, eliminates dependence on spreadsheets, promotes team collaboration, and streamlines consolidations and closing the books. Intacct is designed to scale as their business changes, grows, and succeeds, so they won’t need to move to a new system when their company reaches hundreds or even thousands of employees.
Each year, CPA Practice Advisor reviews the top on-premises and cloud-based accounting software for small business. The May 2012 issue features the Intacct review as part of their round-up of cloud-based systems; while the on-premises software reviews will appear in the July 2012 issue.
In the Intacct product review, CPA Practice Advisor notes: “Intacct is a full-featured business management solution for small and mid-sized businesses, and is clearly the most capable product included in this review. The company’s successful, exclusive relationship with the AICPA and CPA2Biz has resulted in enhancements which are focused on key pain points for accounting professionals, as well as a number of relationships with large accounting firms.”
The review also highlights several key strengths of Intacct, including:
“As the only system to receive a perfect five star rating from CPA Practice Advisor, Intacct continues to set the high bar for cloud financial management and accounting software,” said Dan Miller, VP of Product Management at Intacct. “We’ve put a lot of hard work into building a financial system that offers the low total cost of ownership required by small businesses, while still offering the depth and breadth of functionality required to serve the needs of companies as they grow to be much larger enterprises.”
To read the complete five-star Intacct review from CPA Practice Advisor, please visit http://www.cpapracticeadvisor.com/article/10685102/2012-review-of-intacct.
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.