Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Gaining Agility to Scale Up and Down with Market Changes European Paving Designs Inc. C A S E S T U D Y Company Overview European Paving Designs Inc. (EPD) builds and services unique, artistic, and highly technical commercial unit paving systems. The organization's unparalleled expertise and innovative spirit has allowed it to collaborate with highly respected architects, owners, contractors, and facility managers on commissions such as the AT&T Ballpark, DeYoung Museum, Google headquarters, and UCSF Benioff Children's Hospital. Executive Summary Previous So ware: • QuickBooks Results with Sage Intacct: • Managed 400% growth over 5 years while keeping finance overhead flat • Gained operational visibility to support decision-making • Responded more quickly to market changes through timely financial insight • Shortened financial close by 2/3 Challenges Gaining Agility to Scale Up and Down with Market Changes Founded in 1980, European Paving Designs Inc. (EPD) installs concrete pavers for commercial entities across Northern California. More than a dozen years ago, the company was an early adopter of cloud-based financial management so ware when its finance team had the foresight to replace QuickBooks and paper-based processes with Sage Intacct. "We wanted to be more forward-thinking with technology than other construction organizations because we knew the cloud would help all of our remote field workers communicate seamlessly," commented Robyn Ceru i, chief operating officer at European Paving Designs. "When I saw our first demo of Sage Intacct, I was thrilled with how it could free up management time to focus on expanding market share. We appreciated that it was flexible enough to adapt to our business' evolving needs, and that the so ware would be constantly updated without requiring huge migrations or any IT maintenance on our part." Since adopting Sage Intacct, EPD has weathered many changes in its industry and emerged stronger than ever. In fact, the company was recently named one of Silicon Valley's fastest growing companies for three years running. The business has grown revenues over 400% in the past five years without increasing finance team overhead—thanks to the power of Sage Intacct. Solutions Improving Accountability through Operational Visibility The company enjoys Sage Intacct's robust reporting capabilities, which track operational and financial metrics through dimensions. EPD users can tag individual time entries or transactions with specific projects, clients, job numbers, market sectors, or employees, and then filter, group, and organize the company's financial data accordingly. This detailed intelligence and the system's role-based dashboards help everyone stay accountable to their own KPIs and make more informed decisions for the organization. "Sage Intacct keeps us from ge ing lost in the day-to-day minutia of accounting and supports every part of our business, which allows us to focus on our core competencies and on serving our customers," said Ceru i. "We have the visibility we need to explore our service sectors on the fly, and review the various types of work we do in the commercial market vs. public works. Since we can slice and dice revenue and expenses across all of the sectors we're in, we're able to see where we have deeper penetration and understand our gross margins. This makes it easier for managers to decide which new projects to take on in order to strike the right balance."

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