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Top Takeaways: Intacct Advantage 2015

Top Takeaways: Intacct Advantage 2015
Intacct Advantage 2015

Another year ending, and another closed out Intacct Advantage. The 2015 event, held in Las Vegas, NV, brought together a record-setting amount of attendees to learn about the enhancements and partner provisions, as well as how to improve their knowledge of the product’s use, adding value to their organizations.

As Intacct continues its rapid pace of growth—now being used by 10,500 organizations—the increased amount of attendees comes as no surprise.

Whether it was one of the 125+ product, industry, hands-on, and customer panel sessions, an exciting keynote, product training for new users, or the highly regarded CFO Summit, Intacct Advantage 2015 had something for everyone—new or experienced, small nonprofit or multinational public company, entry-level or C-suite.

Some of the top takeaways from the event:

DonorsChoose.org, Marketo, Solutionreach, and System One Awarded Customer Success Awards

It’s a known fact that customers transitioning to Intacct recognize shortened time to close, increased productivity, and eased growth—but in some cases, the betterment is more dramatic.

Announced November 12, Intacct CEO Robert Reid recognized DonorsChoose.org, Marketo (Nasdaq: MKTO), Solutionreach, and System One as companies who have used Intacct to dramatically improve business and financial operations, as well as their bottom lines.

For the full list of benefits the company received, read the Intacct Press Release.

Intacct Partners with ADP for Improved Back-Office Data Processing

To simplify the payroll for midsized companies, Intacct has partnered with ADP to integrate Intacct’s cloud ERP software with ADP Workforce Now, a comprehensive HCM suite built to reduce administrative chores and help keep companies compliant.

“Today’s tech-savvy finance executives are looking for new ways to leverage technology to boost staff productivity and give their company flexibility for the future,” said Scott Lumish, VP of Business Development at Intacct. “As a company grows, any areas of the business that lack automation become potential breaking points and can trigger a vicious cycle of inaccurate data, longer close processes, and slower decision-making. By integrating Intacct and ADP, we’re helping our joint customers eliminate inefficiencies and drive increased automation into their back-office processes to facilitate growth.”

ADP Division VP, Strategy & Business Development for ADP’s Major Account Services business Amit Jain was quoted about the partnership:

“When HR leaders spend hours a week rekeying data between multiple back office systems, employee engagement can take a back seat. This, in turn, can have a negative effect on both company culture and business growth,” said Jain. ”By streamlining all of their HCM applications with targeted integration, we’re allowing companies to spend less time on administrative tasks and more time with the people who will help their business grow and thrive.”

The integration between Intacct and ADP is expected to be generally available on both the Intacct Marketplace and the ADP Marketplace in the first quarter of 2016.

44% in New Bookings

Intacct continues to grow, announcing that new bookings for the company’s first fiscal quarter of 2016 increased 44% over the same period in the prior year. The quarter was marked by growth in both new customer bookings, as well as add-on sales to existing customers that continue to grow and expand their use of Intacct’s cloud ERP software.

“Intacct continues to deliver across three key areas: customer success, partner success, and employee success. That is what’s fueling our outstanding growth,” said Robert Reid, CEO of Intacct.

Dashboard Snapshots Enhance Collaboration

Adding to the collaborative layer provided by Intacct’s partnership to release Intacct Collaborate last year, Intacct announced ‘Dashboard Snapshots’ to allow finance teams to more quickly resolve issues and improve performance by driving the right conversations and decision-making.

Intacct dashboard snapshots provide finance professionals the ability to streamline the flagging, communication, and resolution of issues. With the power to save snapshots of real-time data, finance professionals can communicate an issue at a specific point in time even as real-time data continues to change. A graphical editor further helps finance professionals draw attention to specific numbers and trends by annotating charts, reports, and Intacct Performance Cards.

We will highlight the details of the update in a future blog, but for a first glance at dashboard snapshots, click here.

Intacct Digital Board Book for Fundraising

Digital Board Book allowed companies to access insights to their operations in visualizations, but now, this same functionality is available for nonprofits.

Titled the Digital Board Book for Fundraising, this functionality marks Intacct the first and only mid-market cloud financial management solution to automate the calculation of operational fundraising insights for nonprofit organizations, using real-time transactional data from systems of record, including Salesforce and Intacct.

As a VAR catering to the needs of nonprofits, Brittenford will share more on this improvement in an upcoming blog. Learn more in the Intacct press release announcing the functionality.

Learn More about Intacct

As a leading provider of Intacct, Brittenford Systems is proud to share with you these and other insights. Contact Brittenford to learn how easy an Intacct Implementation can be, now and in the future.

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