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SAN JOSE, Calif. – Jan. 16, 2013 – Intacct, a leader in cloud financial management and accounting software, today announced The Knowland Group moved from QuickBooks® to Intacct for improved operations. Intacct provides Knowland with a robust set of cloud financial applications that have transformed its financial processes and given the organization greater insight into its profitability, collections, budgets, and cash flow. With Intacct, Knowland has shortened its monthly close by fifteen days and saved 120 person-hours per month by streamlining manual processes such as revenue recognition and consolidations.
In a new client case study published today, Intacct highlights the results Knowland is enjoying as a result of its switch to Intacct. Here is a quick overview of the profile:
Previous Business Challenges Faced by the Knowland Group:
Results with Intacct:
Highlighted Comments from Jeff Haslow, CFO of The Knowland Group:
“After evaluating both Intacct and NetSuite, choosing Intacct was a no brainer for us. It offers the flexibility we need for our multi-entity business and easy integration with our other business applications – all at a fraction of the cost of NetSuite.”
“The best thing about Intacct is its flexibility. It can handle the large amount of data we have and the large amount we will continue to add, while providing the multi-entity composition and the foreign currencies we require, so that we can grow without pain.”
“Intacct enables our finance team to keep pace with our data-driven organization’s increasing need for metrics, measurements, and budgeting information as the business and our customer base has matured.”
“Intacct was built from day one to be an elegant, modern finance and accounting system. It offers the flexibility we need for our multi-entity business and easy integration with our other business applications.”
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.