Solutionreach Scales Subscription-based Business with Intacct
Growing Healthcare Technology Provider Improves Subscription Management and Gains Multi-Dimensional Visibility with Intacct Cloud ERP Software
SAN JOSE, Calif., June 16, 2015 /PRNewswire/ -- Intacct, a leading provider of best-in-class cloud ERP software, today announced that Solutionreach switched to Intacct to support its exploding growth. The Software-as-a-Service (SaaS) patient relationship management provider used Intacct to streamline its subscription management processes and cut its monthly close by more than half, in part through seamless integrations with other best-in-class applications like Salesforce. As a result, Solutionreach saved hundreds of thousands of dollars in salary costs and now has granular insight into its expenses and revenues by customer for improved business decision-making as the company expands.
In a new case study published today, Intacct highlights the results Solutionreach achieved by switching to Intacct's cloud financial applications, including Intacct Subscription Billing. The full case study is available for download at http://us.intacct.com/customer-success-stories/solutionreach. Here is a quick overview of the profile:
Previous Business Challenges Faced by Solutionreach:
- Needed a more efficient and flexible solution to manage its B2B subscription revenue model
- Wanted a subscription management solution that was built with Salesforce CRM in mind
- Required richer, multi-dimensional reporting for greater insight into SaaS metrics, projected revenue and expenses
Results with Intacct:
- Automated recurring billing, payments and revenue recognition—saving hundreds of hours of work each month and cutting monthly close in half
- Gained visibility into subscription metrics and insight into new market opportunities
- Minimized finance staffing needs despite company growth, achieving quick payback period and high ROI
Highlighted Comments from Judd Christensen, Solutionreach's controller and director of operations:
"Intacct has easily grown with us over the past few years as we have exponentially increased subscriptions, and expanded from around 150 employees to four times that amount."
"The system has more than paid for itself by annually saving us hundreds of thousands of dollars in finance salaries for headcount we would've required to keep up with our monthly bookkeeping."
Highlighted Comments from Steve Dalton, Solutionreach's director of finance:
"After comparing Intacct against NetSuite and Acumatica, we found Intacct to be the perfect fit for our specific needs around subscription billing, revenue recognition and financial visibility."
"Thanks to our productivity improvements and the flexible reporting we have in Intacct, it's simple for our finance team to get the information we need to run our business. We have real-time financial visibility at our fingertips, so we can focus on key information that drives operational decisions."
"We highly recommend Intacct for any SaaS company, and don't ever plan to switch from it ourselves – it's a fantastic solution that has completely revolutionized our work lives."
Additional Resources:
- Visit the Intacct website
- Learn more about how Intacct helps software and SaaS organizations
- Follow Intacct on social media: Facebook, Google+, LinkedIn, Twitter, and YouTube
- Follow the Intacct blog
About Intacct
Intacct is a leading provider of best-in-class cloud ERP software. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. In use by more than 8,500 organizations from startups to public companies, 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 Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered over the Internet via cloud computing.
Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765. Connect with Intacct on LinkedIn, Facebook, Twitter, Google+, and YouTube.
Intacct and the Intacct logo are trademarks of Intacct Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.
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SOURCE Intacct
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