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The Mass Exodus to the Cloud: Intacct Sees Major 2014 Growth

The Mass Exodus to the Cloud: Intacct Sees Major 2014 Growth

Moving from Sage to IntacctAs more and more organizations see their competitors grow in the cloud due to cost savings, uptime, and increased security, they feel that they can’t be left behind with their dusty on-premise financial software. This and many other reasons are why Intacct saw another year of accelerated growth—a 45% increase in new customer acquisitions over 2013.

Companies Leaving Sage for Intacct

This, according to the latest Intacct press release, is because more and more organizations are learning the competitive advantages of the cloud as they leave on-premise software vendors like Sage:

“Traditional on-premises financial software vendors, including Microsoft and Sage, have failed to offer companies the increased automation and financial insight delivered by Intacct’s cloud financial applications – leading to accelerated customer adoption for Intacct.”

So, why are organizations making the move? According to a recent TechValidate survey, companies were finding issues with the reporting, automation, and reliance on spreadsheets to accomplish even the most basic financial tasks:

Customer Proof verified by TechValidate.

Even more importantly, organizations are sticking with Intacct, so much so that nearly two-thirds of organizations that made the move wished that they had done so sooner.

Customer References verified by TechValidate.

Major Growth Drives New Investments, New Partnerships, New Innovation

Intacct’s success in the market is being further fueled by strong interest from the investment community, including new investments in 2014 from both Battery Ventures and American Express Ventures.

Why? Both new investors cited Intacct’s brisk growth and a strong product focused on the mid-market as key reasons for their investment.

These investments also pushed Intacct’s ability to innovate and gain traction for new partnerships like American Express Corporate Payments, and to enhance existing relationships like that of Intacct’s ongoing relationship with Salesforce.com that resulted in Intacct Collaborate.

New Business Doesn’t Distract from Continued Focus on Current Customers

Even in the wake of the flurry of new customers, Intacct has offered continued support for its highly satisfied existing customer base. This resulted in a “Best of 2014 Award” from G2Crowd which found that based on customer ratings Intacct was among the highest rated in customer satisfaction for Accounting Software.

Intacct can attribute this satisfaction to both its highly trained team and its support received from value added resellers like Brittenford Systems who can customize the software’s features for specific industries like schools, nonprofits, and labor unions.

So, we must ask, are you ready to join the nearly 9,000 businesses who took the next step to improve their financial operations? Will 2015 be the year that you gain greater visibility, security, and automation?

Join best in class financial management software Intacct through Brittenford, and see how you can join the thousands of satisfied customers. Contact us today.


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