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Intacct

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Intacct
Vendor:Intacct Corporation
Product Name:Intacct
Current Version Number:2011
Date Product First Released:2000
Short Product Description:
Intacct is a leading provider of cloud accounting and ERP software, delivering the functionality your company needs, at a fraction of the cost and risk. Intacct also integrates with other leading solutions like Salesforce CRM so you can create a seamless ecosystem that best meet your business needs.
Desktop Environments:
Intacct's solution is built on the cloud computing / SaaS (Software as a Service) model. All you need is a web browser (Firefox or Internet Explorer, for example) and an Internet connection.
Operating Systems:
Intacct's solution is built on the cloud computing / Software as a Service model. All you need is a web browser (Firefox or Internet Explorer, for example) and an Internet connection.
Databases Supported:
Intacct's solution is built on the cloud computing / Software as a Service model. All you need is a web browser (Firefox or Internet Explorer, for example) and an Internet connection.
Software Only Price Range:$5,000
Software Pricing: Important Considerations.
Geographic Availability:United States, Canada, Europe, Australia
Target Number of Employees:
20-1000 employees
Product Introduction:
Intacct is the leader in financial management and accounting applications, and the preferred provider of financial applications for AICPA and its subsidiary CPA2Biz. Our award winning cloud computing solution is specifically designed to meet the needs of small and midsized businesses.

Build on the Software as a Service model, Intacct's financial applications have functionality and controls that rival the best on-premises solutions at a fraction of the cost and risk. Get all the benefits of an industrial strength accounting application, with none of the burden of IT maintenance, backup, disaster recovery and security so you can focus on accounting, not technology. Give your finance team anytime, anywhere access to the real-time information they need to do their job efficiently and effectively.
Product Strengths:
Intacct's financial management and accounting applications are designed with guidance from thousands of customers and hundreds of partners. The Intacct financial management system is easy to use and easy to deploy and can help you:

  • Improve company performance: Intacct's financial management applications give your entire management team the ability to quickly view, understand and take action to respond to changing business conditions - such as defining financial and operational targets, developing your business plan and monitoring costs, revenue and performance.
  • Make finance more productive: Intacct delivers secure, flexible, web-based reporting and analysis from summary dashboards to transaction detail and supporting documents.
  • Improve financial, managerial and operational reporting and analysis: With Intacct's financial management solution, you can leverage the Internet to streamline financial reporting, deploy real-time consolidation, improve workflow and process scheduling and ease collaboration.
  • Achieve faster financial closes: With Intacct's financial management applications, financial closes for even the most complex multi-entity organizations can be done quickly and efficiently.
  • Improve your lead to cash cycle: Intacct's financial management and accounting applications bridge the gap between sales and finance by delivering seamless information and business processes from lead to cash and quote to collect across both sales and finance, including seamless integration with Salesforce.
  • Shorten days sales outstanding: Intacct automates billing and collections management and offers electronic invoicing and payment capabilities that go well beyond traditional receivable and accounts payable functions.
  • Optimize cash management: Intacct allows you to report, analyze and allocate cash in real time, with both local and corporate visibility and control.
  • Improve compliance and transparency: Intacct's financial management and accounting applications provide broad support for accounting standards, federal and industry regulations and improved administration of internal controls and segregation of duties.
  • Deploy a best of breed on-demand ecosystem: Intacct is designed to work well with other leading applications, allowing you to choose and deploy best of breed applications that match the way you do business.
  • Dramatically reduce IT and operating costs: As a cloud computing system delivered via Software as a Service, Intacct's financial management and accounting system delivers the lowest total cost of ownership of any solution available on the market.
Applications:
Intacct Financials and Accounting

  • Intacct Accounts Payable
  • Intacct Accounts Receivable
  • Intacct General Ledger
  • Intacct Cash Management
  • Intacct Expense Management

Other Intacct Applications

  • Intacct Order Management
  • Intacct Purchasing and Inventory
  • Intacct Contract and Revenue Management
  • Intacct Global Consolidations
  • Intacct Insight
  • Intacct MAX for Salesforce
  • AvaTax for Intacct
Firm Description:
Intacct is committed to the success and satisfaction of our customers. Unlike traditional financial application software vendors who don't offer promises, Intacct stands behind our commitment to customer success and satisfaction with the Intacct Buy with Confidence guarantee.

Because your financial applications are such a critical component of your business, Intacct promises availability, security and reliability. We guarantee 99.8% uptime and securely store your data in IBM data centers, backed up by a complete disaster recovery program with SunGard. Never again worry about your data or IT infrastructure - let Intacct handle the technology so you can focus on finance.

Intacct also promises rapid response from our support organization as well as regular communication so you are always up-to-date with our product development plan, new application features and scheduled maintenance. We stand behind our customer satisfaction guarantee in everything we do - each and every one of our employees is compensated based on the satisfaction and success of our customers. Learn why more than 95% of Intacct's clients renew their subscriptions every year - voting with their wallets.
Industry Strengths:
Professional Service Organizations

Intacct's cloud accounting software for Professional Service organizations can help you:

  • Streamline and automate the capture of all billable and non-billable time and expense, reducing revenue leakage, maximizing billable hours and helping you gain control over current project costs and forecast more accurately for future bids.
  • Automate project billing and revenue management, increasing the accuracy of invoices and accelerating your billing cycle.
  • Improve cash flow management and revenue forecasting, with real-time visibility into current and projected inflows, outflows and revenue streams.
  • Organize people, projects, tasks and budgets to meet client demands and accurately track all aspects of project progress to ensure on-time, under budget delivery.
  • Improve productivity by providing anytime, anywhere access to project tasks, milestones and project status.
  • Enable automated multi-currency, multi-entity financial management with robust global business management capabilities.
  • Gain real-time operational and financial insight into your business for all key stakeholders by providing customized and pre-built dashboards, reports and analytics.
  • Reduce errors and increase operational efficiencies by integrating project activities with project accounting.

Software

Intacct is the only FASB, GAAP and Sarbanes-Oxley compliant on-demand financial management system designed with all the key financial capabilities that software companies need.

  • Intacct simplifies contract management, automates revenue deferral and revenue recognition, streamlines recurring invoices and maximizes renewal revenue.
  • Intacct is also the most successful financial management system that works seamlessly with Salesforce, shortening your lead to cash cycle and bridging the gaps between your sales and finance departments.
  • Intacct delivers advanced functionality formerly only available in expensive packages like Oracle, Softrax and SAP at prices any software company can afford. With Intacct you can empower your software company with real-time global business management and financial consolidation, provide access to accurate and timely financial information and gain visibility and control over the profitability of your billable services organizations through integration with leading Professional Services Automation applications.

Business and Administrative Services

Intacct's award winning cloud financial management and accounting applications for Business and Administrative service organizations can help you:

  • Streamline and automate the capture of all billable and non-billable time and expense, reducing revenue leakage, maximizing billable hours and helping you gain control over current project costs and forecast more accurately for future proposals.
  • Automate project billing and revenue management, increasing the accuracy of invoices and accelerating your billing cycle.
  • Manage cash inflows and outflows effectively and improve revenue forecasting accuracy.
  • Improve productivity by giving your workforce anytime, anywhere access to tasks, milestones and status information.
  • Gain real-time operational and financial insight into the financial performance and profitability of your business, with customized and pre-built dashboards, reports and analytics.
  • Reduce errors and increase operational efficiencies by integrating project activities with project accounting.

Hospitality

Intacct's cloud-based accounting and financial management software for hospitality provides:

  • A unique multi-dimensional general ledger that makes it easy to align your financial system with the key dimensions of your business — facilitating reports like revenue, profitability and expense by property, location, customer — or by nearly anything else important to your business.
  • Real-time business visibility into each of your properties or stores individually, as well as an instant consolidated view across your entire hospitality business.
  • Granular permissions and workflow, allowing your staff to enter and view information for their specific properties and locations without having access to the financials of other locations or the business as a whole.
  • Pre-built integration with most major point of sale and front-office systems, with flexible web services if you need custom integrations.
  • A cloud computing delivery so each of your properties only needs an Internet connection to access the system from anywhere, at anytime, with no need for servers, hardware or software, or the IT staff to operate them.

Wholesale Distribution

With slimmer profit margins, fierce price competition and growing cost pressures, wholesalers are constantly looking for new ways to improve their business processes. Intacct can help wholesale companies increase customer satisfaction, improve capital efficiency and reduce costs. Our award winning accounting and financial management solutions can help you track inventory, manage multiple warehouses and keep your price books up to date, and tie all this information back to your financial management system.
Intacct for wholesale companies delivers

  • Superior financial and accounting applications that automate key warehouse processes and ensure GAAP and SOX compliance.
  • Deep analysis and reporting capabilities across warehouse locations, product lines and inventory status (on-hand, on-order, back-ordered) to help your staff locate items in the warehouse and analyze efficiency and profits.
  • Easy management of inventory whether in a single location, multiple stockrooms, warehouses and distribution centers or across any combination of locations and product lines.
  • Flexible costing methods that enable you to configure and track costs down to the inventory item level.
  • Seamless integration with Salesforce CRM allowing you to keep both your finance and sales teams up to date.

Non-Profits

Leading nonprofits depend on Intacct to:

  • Gain real-time financial and operational insight.
    Capture granular financial and operational data in exactly the same way you manage your organization. Use pre-built, customizable dashboards, reports and analytics. And you can access summaries, balances, and transaction details instantly with real-time, automatically synchronized general and sub-ledgers.
  • Achieve world-class stewardship of funds.
    Track an unlimited number of sources of funds—including grants, endowments, or donations. Configure all reporting, analysis, modeling and planning to cross fiscal periods and to span multiple fiscal periods.
  • Ensure strong financial management controls.
    Take advantage of broad support for immutable transactions, a robust audit trail and sophisticated security and access controls. Manage complex accounting standards, federal and industry regulations, and improved administration of internal controls and segregation of duties.
  • Gain operational efficiencies.
    You can tailor Intacct to meet your organization's needs using drag and drop tools to add new fields, customize business logic, implement new workflows or develop new applications. Automatically decouple billing schedules from revenue recognition to manage annual billings with monthly revenue recognition.
  • Provide anytime, anywhere access.
  • Comply with regulatory reporting requirements using flexible financial reporting tools and a large library of built-in financial tools. Enable all your stakeholders to view Intacct reports and dashboards securely in real time, at any time, from anywhere.
  • Seamlessly link to business critical applications with pre-built integration. Link to leading membership management, asset management, event management, payroll and bill payment applications. And connect to existing on-premises or cloud-based applications using open Web services.
  • Dramatically reduce IT costs. Deploy Intacct in weeks—compared to months for the typical on-premises application—for rapid return on investment. Let Intacct manage application maintenance and upgrades and eliminate the need to support high-cost, time-consuming IT functions.

Healthcare

Intacct Financial Management and Accounting for Healthcare provides:

  • A unique multi-dimensional general ledger makes it easy to align your financial system with the key dimensions of your healthcare business — facilitating reporting such as revenue, profitability and expense by location, department, procedure, physician, carrier, vendor and nearly anything else important to your healthcare business.
  • Real-time business visibility into consolidated financial and operational details across all of your facilities as well as the ability to instantly drill down to real-time information for one location.
  • Easy to use financial and operational dashboards so you can securely transmit key information to your business managers, partners and physicians, providing accurate and timely information so everyone can make the best possible business decisions.
  • Automated partnership accounting that properly accounts for income, expense and profits across complex corporate, operating and tax structures.
  • A cloud computing delivery model so each of your healthcare facilities only needs an Internet connection to access your financial management and accounting system from anywhere, at anytime, with no need for servers, hardware or software, or the IT staff to operate them.

Franchise Owners

Intacct Franchise Accounting Software provides:

  • Superior financial management applications that automate key franchise accounting processes and ensure GAAP and SOX compliance
  • Real-time financial visibility into your entire business through pre-built and customizable financial management and accounting dashboards, reports and analytics
  • The ability to roll up financial information from subsidiary franchises to their parent companies and to correlate subsidiary company financial data with the parent.
  • Derive consolidated financials across multiple business franchises and even across entities operating in different currencies, regardless of how complex the holding structure.
  • Secure Slide-In™ capability that permits authorized users to securely review and drill down into subsidiary detail and source transactions without signing in separately to each subsidiary
  • Automatic mapping of subsidiary periods, GL accounts, statistical accounts, departments and franchise locations to their parent companies

Intacct Accountant Edition

In use by hundreds of accounting firms to support thousands of clients, Intacct Accountant Edition can help you:

  • Transform your client relationships from purely transactional to high-value Trusted Advisor, by enabling real-time access and visibility into financial trends, financial planning, modeling and strategic planning services.
  • Facilitate seamless collaboration between clients and staff for better, faster service and increased client loyalty.
  • Improve productivity and security while reducing errors by enabling 24/7 access from any web-enabled browser so you can manage, update and share client financial data instantly.
  • Provide real-time operational and financial insight for your clients and all stakeholders with customized and pre-built dashboards, reports and analytics.
  • Manage your workforce and eliminate geography constraints by providing the flexibility to work out of the office, giving you access to part-time or long-distance talent.
  • Accelerate client value by making setup quicker, easier and more efficient with customizable industry templates, QuickStart best practice libraries and our Intacct Migration Wizard for QuickBooks.
ASP Support:
Intacct is a cloud computing solution. Our applications are hosted in Tier 1 IBM data centers, with backup recovery hosted by SunGard. In the unlikely case a disaster destroys the IBM data center in California: * Your applications will be available within 24 hours at SunGard's disaster recovery center in Pennsylvania * No more than two hours of data will be lost
Consulting Services:
Intacct and our partners will assist you at every stage of your software selection project. Local business partners provide front-line consulting services, and Intacct has a wide network of industry specific partners that can help you if you need the deeper expertise.
Internet and e-Business Services:
Intacct's fundamental philosophy is that our clients will be happier and more successful if they can make best of breed choices for their business applications. If you want to use your favorite application for HR or payroll processing, we believe that your financial management package should make that easy. Intacct's open platform makes it easy for our customers to extend the value of Intacct by leveraging additional best of breed on-demand applications to round out the back office or to integrate with packaged and custom on-premises applications.
Technical Services:
Intacct and its highly trained partners offer a complete range of technical and consulting services designed to meet the needs of each individual client.
Implementation:
Intacct's professional services team strives for 100% customer satisfaction. A Project Manager will work with you from start to finish, helping you scope out the project, roles and time line for your implementation and guiding you every step of the way. If we do not deliver on-time and on-budget, you are eligible for a "10% no questions" asked credit.

Over the years Intacct has developed a prescriptive methodology for deploying our financial management and accounting solutions that includes processes, tools and best practices built from numerous implementations. We follow a general framework, but will tailor your implementation to fit your unique needs.
Training:
Being properly trained is the key to a successful experience with any application. Intacct's world class training curriculum provides learning opportunities for both end users as well as business partners, so everyone can get the most out of their Intacct investment.

  • End User Training on the Core Applications
  • Implementation Training for Intacct Business Partners
  • Administrator Training for those responsible for Intacct set-up and maintenance
  • Advanced Training focused on extending Intacct functionality
  • Role-Based Workshops for the A/P and A/R clerk, Controller, VP of Finance and CFO
Support:
Intacct provides a variety of support methods to ensure our customers get the best service and support on the market today. Self help tools can be found throughout the product and support representatives can be reached in a variety of methods, depending on your preference. Self-Help Methods Intacct provides a variety of self-help links and search methods throughout the product that help you find answers to common questions. We also have a library of overviews, tutorials and user guides that cover how to administer, use and configure all aspects of the Intacct system. Support Options Intacct provides support between the hours of 6 AM and 5 PM PT, Monday through Friday, excluding US holidays. We also offer Platinum Support for an additional charge.
Additional Services:
Free Online Training

The Intacct Training Center provides online training to help you get the most out of your Intacct investment.
Product Awards and Citations:
  • 2009 SIIA CODiE Award Winner for "Best Financial Software Solution"
  • Accounting Today's Top 100 Products
  • CPA Technology Advisor Perfect 5 out of 5 Stars for mid-range accounting programs
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