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AcctTwo Blog

Sage Intacct Provides Transparency to Marinus

Like so many companies, Marinus chose to use QuickBooks at the outset. But as Marinus expanded operations, it found that QuickBooks did not meet its needs for internal controls, management reporting, and external reporting:

  • Journal entries could easily be overridden
  • The chart of account structure required for tracking expenses by department and project was cumbersome
  • The financial reporting and budgeting capabilities were very limited and led to time-consuming, manual manipulation outside the application

Marinus needed an accounting solution that would tackle these concerns and also provide controlled access to real-time information to internal and external stakeholders alike.

Topics: accounting software ERP Accounting Customer Success Sage Intacct Digital Transformation IP Leap the Pond

Continuity Breaks Free From Excel with Sage Intacct

Continuity’s rapid growth put pressure on the finance organization to keep up. Like so many companies, Continuity originally chose to use QuickBooks and was forced to rely on spreadsheets to maintain complicated revenue recognition schedules for multi-entity arrangements and to deliver management and investors typical SaaS metrics like CMRR, CAC, and churn.

When Alan Hurwitz joined Continuity, he recognized the importance of putting in place the accounting infrastructure to support the company’s growth and at the same time offer a compelling value proposition (i.e. measurable ROI.) His auditing firm, Fiondella, Milone & LaSaracina, recommended that he talk to Leap the Pond. After Alan reviewed all his options, he decided that AcctTwo and Sage Intacct was the best fit – from both a functionality and cost standpoint.

Topics: accounting software ERP Accounting Customer Success Sage Intacct Digital Transformation Leap the Pond

United Way Senior Director of Finance Takes Full Advantage of Cloud Accounting

This year, United Way of Central Indiana (UWCI) celebrated an impressive milestone — 100 years of fighting for the education, financial stability, health and basic needs of everyone in the Central Indiana community, with a special focus on people and families who are living in or are one step away from poverty. The United Way movement began 131 years ago in Denver, Colorado, when several leaders in the religious and human service sectors had united around one cause: helping to serve people who were living in poverty. In April of 1918, the United Way movement arrived in Indianapolis in the form of a “War Chest.” The gigantic Chest was placed on the steps of Monument Circle, and a campaign to raise contributions involved every person in the community. The result: more than $3 million ($50 million in today’s dollars) was collected and donated to dozens of charities and relief organizations throughout the region. Since 1918, UWCI has worked with more than 80 agencies that serve the critical needs of the community.

Topics: Not-for-profit Industry Customer Success Sage Intacct Social Services

How SaaS CFOs Leverage Finance Automation

Bowery Capital’s annual Finance and Ops Summit draws hundreds of finance leaders from fast-growth SaaS companies, many of which are seeking to upgrade their financial foundation to deliver a higher level of reporting and forecasting.

Several CFOs from great growth companies that have relied on Sage Intacct cloud financials shared their experiences about how they transitioned from QuickBooks to streamline their financial operations and address key decisions around forecasting, SaaS metrics, subscription billing, and revenue recognition. 

Topics: accounting software ERP Accounting Finance Automation Customer Success Sage Intacct RPA Digital Transformation ERP Cloud

How to Convince Your Exec Team It’s Time to Switch Cloud Accounting Software

It’s likely that when your company was started or founded that your executive team went with the easiest, quickest, and most cost-friendly solution to handle its accounting needs just to get things started. But the truth is that start-ups outgrow the tools that launched the company. Not only can your old system be outdated, but ability to handle higher volumes of work might even be inhibiting your ability to grow.

Topics: accounting software ERP cloud accounting Accounting Finance Automation Customer Success Sage Intacct RPA Digital Transformation ERP Cloud Accounting SaaS

How a Mission Organization Uses Technology to Increase Visibility and Impact

In 1972, Sharon Johnson went to Haiti to direct a choir that was traveling around the country. As she looked into the faces in the crowds, she fell in love with the people of Haiti. She returned each year with her husband, Bob, and over time, they felt the need to provide the people of Haiti with help every day and not just once or twice a year. In 1983 they formed what is today Mission of Hope: Haiti (MOH).

Officially founded in 1998, MOH has since grown from a small mission located on a barren piece of land, to a fruitful organization that now houses an onsite orphanage, medical facility, school, and church. Through partnerships, MOH also serves outside of its property by helping other orphanages, churches, and schools throughout the country.

Topics: Not-for-profit Industry Faith-Based Customer Success Mission Organization

What’s in Sage Intacct 2018 Version 3 Release?

Imagine coming into the office one morning to discover your enterprise accounting software has been automatically updated with powerful new features. It also features extensive upgrades and enhancements, along with tweaks designed to improve efficiency and productivity.

Sage Intacct users know exactly what this feels like. The financial management solution is updated once every quarter in ways that dramatically improve its quality and utility. Plus, thanks to the cloud the updates are automatically installed with no input from the user. A big part of why Sage Intacct has become an industry-leading solution is because it effortlessly improves all the time.

Topics: Intacct Releases Customer Success Sage Intacct Accounting SaaS

What's in Sage Intacct's Release 2 for 2018?

We're barely halfway through the year, yet Sage Intacct has already released its second major update of 2018. Part of what distinguishes Sage Intacct from other financial management solutions is the rigorous commitment to improvement and innovation. For that reason, the company commits to releasing an update on a quarterly basis.

Topics: Intacct Releases Customer Success

Video: Gateway Church Finance Team Discusses the Benefits of AcctTwo and Sage Intacct

Monty Carpenter, Director of Business Administration, and Libni Rodriguez, Director of Project Management, at Gateway Church in Dallas/Ft. Worth talk about their relationship with AcctTwo and the benefits of Sage Intacct's best-in-class accounting and ERP software for churches and faith-based organizations.

Topics: Not-for-profit Industry church accounting Faith-Based Videos Customer Success testimonials

Video: How Much is QuickBooks Costing Your Business Today?

Some AcctTwo customers got on camera to discuss both moving from QuickBooks to Intacct and to AcctTwo's Managed Accounting Services on the Intacct platform.

Topics: Quickbooks Replacement Videos Customer Success Customer Satisfaction