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Intacct Corporation
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Best-in-Class Cloud ERP Software
Best-in-Class Cloud ERP Software

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Intacct recently announced compelling results from a widespread accounting survey of top financial executives at U.S-based software companies to gauge their readiness for the upcoming ASC 606 revenue recognition guidelines.

Most survey respondents were familiar with the new standards, with 55 percent saying they are very or somewhat familiar, and only 13% saying they have never heard of the regulations.

Here is a brief Q&A for those feeling overwhelmed by the upcoming revenue recognition changes or for organizations not quite sure where to begin. 

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Prior to switching to Intacct, Big Ten Conference was using an existing on-premises ERP solution and was having to use manual workaround each month which created a lack of trust in the system. It also had a limited reporting flexibility and an inflexible and structured chart of accounts. Mobile users were unable to easily the solution hindering management access, and disaster recovery planning. Big Ten Conference commented: “After comparing Intacct with NetSuite and Sage, we chose Intacct for its best-in-class financial solution that was built by CPAs to meet specialized accounting needs.”

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In his latest American Express thought leadership article, Intacct CEO, Rob Reid, shares five recommendations for your business during an economic downturn and potential uncertain times. They may contradict conventional wisdom but they could keep your business on its feet when the next tough time or economic downturn comes along. Don't miss it!

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UNITE HERE HEALTH, a national health benefits provider, adopted Intacct to help scale its increasingly complex business. After choosing Intacct over other systems like NetSuite, the organization’s finance team saved time by streamlining financial processes with seamless integrations, and improved decision-making through improved visibility into trusted, timely financial information across individual departments and plan units. 

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At Intacct Advantage 2016, many heard David Wohlwend, VP of Finance and Accounting at ModSquad, on the Intacct Customer Success panel. ModSquad is a provider of on-demand digital customer engagement for today’s top brands, delivering technical and traditional customer support via phone, email, chat, and posts. On today's blog, David shares more about his Intacct journey. 

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Intacct has won two 2016 Best in Biz Awards. Continuing a string of impressive award wins, Intacct Contract and Revenue Management won Gold in the Best New Product of the Year category, while Intacct SVP of Sales and Customer Success, Kathy Lord, won Silver in the Sales Executive of the Year category. 

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Nobody ever said change was easy; but the most successful businesses constantly embrace change. One of the biggest changes to the accounting world, the new ASC 606 revenue recognition guidelines, will soon take place. In his latest article for AccountingWEB, Intacct CEO Rob Reid addresses why businesses will have to adapt if they want to thrive in the future.

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Smith System, the nation’s first fleet driver safety organization, chose Intacct over NetSuite for its seamless integration with Salesforce CRM and ability to serve as the backbone of the company’s best-in-class IT strategy. After implementing Intacct, Smith System improved decision-making through granular visibility into its profitability across markets or service lines, while also eliminating duplicate data entry and improving data accuracy. 

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Some companies try to manage their accounting tasks via Excel, sticky note reminders, and filing cabinets bursting with documents. But what happens when the CEO asks for a report on all new customer revenue since the start of the year, or what quantity of a certain product is on hand?

If this is how you do your accounting, it might be time to consider a change. Here are the five signs that your business needs accounting software. 

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Don’t miss a thing; here’s a recap of this past month’s top Intacct blog posts! http://gag.gl/xJ82D0
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