GeoTechnologies Achieves 5-Month Software Payback with Sage Intacct Cloud Financials
January 09 2018 - 12:00PM
Sage Intacct, the innovation and customer satisfaction leader in
cloud financial management solutions, today announced that
GeoTechnologies, Inc., a full-service engineering firm, achieved a
rapid 5-month payback by replacing Microsoft Dynamics GP with cloud
accounting software from Sage Intacct.
With support from implementation partner Massey Consulting, the
GeoTechnologies finance team was able to streamline its
multi-entity report preparation processes. This resulted in more
time available to conduct deeper analysis, and gain valuable
operational insight into project profitability, market volatility
exposure, revenue categories, and other business trends.
A new case study published today details the results
GeoTechnologies achieved by switching to Sage Intacct. The full
customer profile is now available for download here and highlights
include:
GeoTechnologies’ Results with Sage
Intacct:
- Saving 140 hours/year preparing reports
- Gained mission-critical insight into client mix and project
profitability
- Software paid for itself in less than 5 months
Highlighted comments from Debora
Hester, Controller, GeoTechnologies:
“After twelve years on Microsoft Dynamics GP, we were ready for
better financial and managerial reporting and moving it to the
cloud was an extra selling point. Sage Intacct was our company’s
first big step, and after seeing how well it worked, we’ve moved
our entire IT portfolio to the cloud. Sage Intacct has delivered
significant cost savings by allowing us to eliminate SQL servers
and smaller custom systems for things like time sheets, invoices,
and other workflows.”
“Sage Intacct’s reports and dashboards let us drill into revenue
and expenses for any project in real-time, and ensure a huge time
savings to our finance team. With this flexible way of looking at
the data, we’re able to give senior management timely access to
valuable business performance insight, rather than delivering
outdated reports months later.”
“One of the things I love most about Sage Intacct is how simple
it is to run managerial reports. For example, each year, when our
company insurance policies come up for renewal, our professional
liability carrier requires a lot of revenue detail in order to
underwrite the policy. Before, retrieving revenue information
broken out by client types and ever-changing insurance industry
project categories for these reports was a very manual, multi-week
effort in Excel. With Sage Intacct, I just point and click to get
everything we need, and I can regroup the data easily based on the
latest requirements.”
About Sage IntacctSage Intacct is the
innovation and customer satisfaction leader in Cloud Financial
Management. With the powerful combination of Sage and Intacct, the
Sage Business Cloud offers the best capabilities of both companies.
Bringing cloud computing to finance and accounting, Sage Intacct’s
innovative and award-winning applications are the preferred
financial applications for AICPA business solutions. In use by
organizations from startups to public companies, Sage Intacct is
designed to improve company performance and make finance more
productive. Hundreds of leading CPA firms and Value Added Resellers
also offer Intacct to their clients. The Sage Intacct system
includes accounting, cash management, purchasing, vendor
management, financial consolidation, revenue recognition,
subscription billing, contract management, project accounting, fund
accounting, inventory management, and financial reporting
applications, all delivered through the cloud.
Sage Intacct is based in San Jose, California and an entity of
Sage. For more information on Sage Intacct, please visit
www.sageintacct.com or call 877-437-7765. Connect with Sage Intacct
on LinkedIn, Facebook, Twitter, Instagram, and YouTube.
About SageSage (FTSE:SGE) is the global market
leader for technology that helps businesses of all sizes manage
everything from money to people – whether they’re a start-up,
scale-up or enterprise. We do this through Sage Business Cloud -
the one and only business management solution that customers will
ever need, comprising Accounting, Financials, Enterprise
Management, People & Payroll and Payments & Banking.
Our mission is to free business builders from the burden of
admin, so they can spend more time doing what they love – and we do
that every day for three million customers across 23 countries,
through our 13000 colleagues and a network of accountants and
partners. We are committed to doing business the right way, and
giving back to our communities through Sage Foundation.
Find out more at www.sage.com/en-us.
Sage Intacct, Intacct and the Sage Intacct and Intacct logos are
trademarks or registered trademarks of Sage Intacct, Inc. and/or
its affiliates. Other company and product names mentioned herein
may be trademarks of their respective owners.
Press Contact:Peter OlsonSage
Intacct408-878-0951polson@intacct.comTwitter: @PeterOlsonPR
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