Intacct Increases Bookings 150 Percent Year Over Year
Strong Growth across All Channels Fuels Impressive First Quarter Results
SAN JOSE, Calif., Nov. 4, 2013
SAN JOSE, Calif., Nov. 4, 2013 /PRNewswire/ --Intacct, a leader in cloud
financial management and accounting software, today announced strong results
for its first fiscal quarter of 2014, ended September 30. Overall bookings for
the company grew 150% over the same quarter a year ago.
Intacct and its business partners delivered growth across all sales channels,
with Intacct's value-added resellers showing particularly impressive results.
Microsoft and Sage partners, growing weary of the lack of innovation and VAR
business development offered by these legacy vendors, continue to flock to
Intacct to expand their portfolio. In recent months, Intacct has added several
top Microsoft and Sage partners to its program – including Accounting Today
Top 100 resellers.
Intacct also continues to add new customers at a rapid pace – with more than
7,300 companies using Intacct to improve their financial processes and
accelerate growth. As existing customers thrive in the improving economy, they
are expanding their use of Intacct by adding new users and additional modules
in record numbers.
"Intacct remains the fastest-growing accounting and financial management
software company in the mid-market," said Robert Reid, president and CEO of
Intacct. "Our outstanding growth is a direct reflection of the results we
deliver for both our customers and partners. As more and more companies
replace their outdated on-premises financial systems with modern cloud-based
systems, Intacct is well positioned to continue this rapid pace of growth well
into the future."
Intacct is the cloud financial management company. Bringing cloud computing to
finance and accounting, Intacct's award-winning applications are the preferred
financial applications for AICPA business solutions. Intacct applications, in
use by more than 7,300 organizations from startups to public companies, are
designed to improve company performance and make finance more productive.
Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their
clients. The Intacct system includes accounting, contract management, revenue
recognition, project accounting, fund accounting, inventory management,
purchasing, vendor management, financial consolidation and financial reporting
applications, all delivered over the Internet via cloud computing.
Intacct is headquartered in San Jose, California. For more information, please
visit www.intacct.com or call 877-437-7765. Connect with Intacct on LinkedIn,
Facebook, Twitter or YouTube.
Intacct and the Intacct logo are trademarks of Intacct Corporation. All other
company and product names mentioned herein may be trademarks of their
Contact: Peter Olson, Intacct, 408-878-0951, email@example.com,
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