Intacct: Driving Value Across Entire Businesses

Robert Reid, CEO
Choosing a financial solution is more than just about it meeting the current needs, the software should also have the potential to meet the needs of the future effectively, and Intacct’s range of financial offerings are sophisticated enough to fit into the business infrastructures of tomorrow. Creating financial applications that please the demanding Chief Financial Officers and accountants takes dedication, precision and software to a new level. Intacct has been taking challenges head on and has established itself as one of the leading companies that combines the power of cloud computing with professional strength accounting applications.

Be it the core finance and accounting or global finance management, Intacct’s highly customized processes and workflow that meets the evolving business needs with role-based dashboards and advanced reporting capabilities gives finance teams a multidimensional view of their business performance. Understanding the need for strict compliance, Intacct’s solutions have a robust control and compliance model that maintains a high level of security and auditability. “Accounting and financial professionals are after greater visibility into their financials. The 21st century CFO needs to have these analytics and modeling tools with real-time data to do their jobs, and we’re very focused on delivering them,” says Robert Reid, Chief Executive Officer, Intacct.

Intacct’s use of Open Application Programmer Interfaces (APIs) has been simplifying the complexity of integrating their applications with legacy 3rd party databases and systems. Their general ledger accounting solution lets end-users locally organize transactional data in sub-ledgers around accounts payable, accounts receivable and expense management. Furthermore, the finance teams can increase productivity and reduce errors by automating critical revenue recognition accounting processes with Intacct’s revenue management software.
Today, an excess of 7000 businesses, from startups to public companies use Intacct’s applications that are designed to improve performance and make finance more productive.

CliftonLarsonAllen, one of largest accounting firms in the U.S., after extensively considering all the options in the market, chose Intacct to serve clients more effectively. The firm wanted a flexible and on-demand solution to create service efficiencies, one that did not require clients to install software on site. With Intact’s solutions, CliftonLarsonAllen’s clients now have faster and anywhere, anytime access to real-time data, including automated notifications about their financial operations. “Our migration to Intacct as our fundamental web based platform is a decision that benefits our clients through access to real time financial information,” says John G. Wooldridge, CPA, Principal, CliftonLarsonAllen.

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Going forward, Reid says Intacct is looking to recruit people who want to learn and continually row while also being customer-centric. Besides that, they are focused on adding more partners who have expertise in accounting and finance to grow with Intacct and help deliver value to their rganizations. “We’ve been able to build a successful program by concentrating on partners with strong accounting domain expertise, excellent command of billing and profitability analysis, and a broad base of accounting and finance expertise,” says Reid. He also identifies, anticipating the growth of business and being able to effectively plan for the pace and direction as critical.


San Jose, CA

Robert Reid, CEO

A provider of cloud-based financial management and accounting software.