RizePoint Selects Sage Intacct and Achieves 5-Month Payback

SAN JOSE, Calif., Sept. 20, 2017 /PRNewswire/ -- Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that RizePoint, the leading provider of quality management software, chose Sage Intacct for its revenue recognition capabilities and its ability to integrate with other applications across the business that were significantly better than the alternatives. The switch from their current accounting software delivered a five month ROI, reducing monthly close by more than half while avoiding $120,000 in annual headcount costs.

Armanino LLP, a Sage Intacct partner, helped RizePoint lay a solid foundation for continued growth by streamlining revenue recognition workflows and deploying Sage Intacct's Salesforce CRM connector and Expensify add-on. With Sage Intacct's personalized dashboards, the company's leaders gained in-depth, on-demand financial insight—increasing accountability and tightening departmental budget-to-actuals variance from four to one percent.

In a new case study published today, Sage Intacct highlights the results RizePoint achieved by switching to Sage Intacct's financial management solution. The full customer profile is now available for download here.

RizePoint's Results with Sage Intacct:

• Shortened monthly close by more than half
• On-demand insight increased budget accuracy
• Avoided $120,000 in annual headcount costs
• Software paid for itself in <5 months based on business value

Highlighted comments from Chris Heaton, director of finance, RizePoint:

"We went in search of a cloud-based solution that could meet our needs for future expansion. While we considered both Sage Intacct and NetSuite at the time, we found that the flexibility of Sage Intacct's revenue recognition capabilities and its ability to integrate with other applications across our business were significantly better than the alternatives."

"Sage Intacct greatly improved financial visibility for our executive team. Now, managers across the business can always see their month-to-date or quarter-to-date budget-to-actuals, spend, personnel expenses, travel expenses, and more. Before we couldn't really share reports in our previous system without preparing our financials in Excel, whereas with Sage Intacct, our execs can just login and look up whatever they need, whenever they need it."

About Sage Intacct
Sage 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, the market and technology leader for integrated accounting, payroll, and payment systems, supporting the ambition of entrepreneurs and business builders and a FTSE 100 business. For more information on Sage Intacct, please visit www.intacct.com or call 877-437-7765. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

Sage Intacct and the Sage Intacct logo 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. The use of the word "partner" does not imply the existence of a legal partnership relationship.

SOURCE Sage Intacct

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