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May 25, 2015 2:46 PM ET

Internet Software and Services

Company Overview of Intacct Corporation

Company Overview

Intacct Corporation operates as a cloud accounting software company that provides cloud-based financial management solutions to organizations ranging from startups to public companies worldwide. The company’s cloud financial management and accounting software offers solutions in the areas of general ledger, accounts payable, purchasing, order management, accounts receivable, cash management, reporting and dashboard, multi-entity and consolidation, project accounting, time and expense management, revenue management, sales and tax, check delivery, inventory management, integration, configuration, platform, and salesforce integration aspects. It serves accounting, franchise, healthcare, hospita...

300 Park Avenue

Suite 1400

San Jose, CA 95110

United States

Founded in 1999

Phone:

408-878-0900

Fax:

408-878-0910

Key Executives for Intacct Corporation

Chief Executive Officer and Director
Chief Financial Officer
Vice President of Operations
Chief Technology Officer and Vice President of Engineering
Chief Executive Officer Emeritus
Age: 64
Compensation as of Fiscal Year 2014.

Intacct Corporation Key Developments

Intacct Introduces Intacct Subscription Billing Built on the Salesforce1 Platform

Intacct launched Intacct Subscription Billing, a complete solution for B2B SaaS companies to automate the critical billing and accounting processes around subscription lifecycle management. Built on the Salesforce1 Platform, Intacct Subscription Billing was created in response to evolving subscription revenue models which can significantly increase the volume and complexity of order management and accounting processes. Higher billing volumes increase the risk of billing inaccuracies if reviewer controls don't scale with volume increases. Generating invoices manually or within disconnected systems exacerbates the problem, leading to unacceptable levels of billing accuracy. Intacct Subscription Billing helps streamline the complete subscription management lifecycle by automating recurring billing, payment, and order processes. The solution enables users to bill accurately and on-time with preset billing runs. The solution automatically bills clients at the invoice due date while accounting for payments within Intacct. By managing the entire lifecycle for recurring revenue and billing, manual errors are dramatically reduced, and the company's quote-to-cash process is simplified. Further, using Intacct's best-in-class revenue management capabilities, Intacct Subscription Billing automatically captures new subscription details and marks the data under the appropriate recognition rules independent of billing and pricing terms. By utilizing these subscription lifecycle management tools, users can set up triggers for renewal orders near the subscription end date, reducing churn and increasing the opportunity for up-sell.

Intacct Launches Intacct Digital Board Book

Intacct has announced the launch of the Intacct Digital Board Book, a set of real-time reports, charts and performance cards that provide accurate metrics and insights essential to successfully growing a SaaS business. This milestone launch marks Intacct as the first and only mid-market cloud ERP system to automate the calculation of operational insights for SaaS companies using real-time transactional data from systems of record, including Salesforce. Previously, finance teams have been faced with the challenge of navigating multiple applications in order to collect data for board reports that go beyond GAAP measures to include SaaS metrics. This forced them to use spreadsheets or buy Business Intelligence solutions to aggregate data and perform the necessary calculations – a time-consuming process that created the risk of inaccuracies, compromised data integrity or integration issues. SaaS business leaders need reliable and accurate metrics in real time so that they can take immediate action on emerging trends, challenges, and opportunities. Without access to real time insights that can explain root causes of performance trends, managers are unable to take the needed actions to drive consistent growth. The Intacct Digital Board Book facilitates instant access to the key data points needed to drive a SaaS business, in real time, automatically - delivered to finance teams directly within the financial application they rely on every day. Intacct provides unmatched analytical depth to SaaS metrics using dimensions, enabling SaaS business leaders to quickly slice and dice metrics by new revenue, add-ons, or upgrade, or by critical business drivers like industry, segment, channel, and product. Unlike alternate solutions, the Intacct Digital Board Book is optimized to collect transactional data from Salesforce, the leader in cloud CRM, combine it with real-time financial data from Intacct and deliver SaaS metrics in the financial system of record alongside GAAP metrics. With access to accurate, live data, decision-makers are empowered with faster, more strategic insight, without the errors and delays of compiling metrics manually.

Evariant Deploys Intacct's Cloud Financial Management System to Improve Business Operations

Intacct announced that Evariant replaced QuickBooks with Intacct for more robust reporting, revenue recognition, and financial controls. With Intacct, Evariant has streamlined its order-to-cash, purchase-to-pay, and monthly financial close processes, while benefitting from greater visibility through multi-dimensional dashboards for specific executives and departments.

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