Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Company Overview Founded in 1992, GeoTechnologies, Inc., P.A. is a full-service, employee- owned geotechnical engineering firm. The company has built its reputation in the industry by providing clients the technical expertise and personal a ention to complete their projects in a sensible, cost-effective, and timely manner. For more information, visit www.geotechpa.com. Executive Summary Previous So ware: • Microso Dynamics GP (Great Plains) Results with Sage Intacct: • 15 hours a month saved in project-based revenue reports • Mission-critical insights into client mix and project profitability • So ware paid for itself in less than five months Challenges Engineering Firm Seeks a Solid Foundation for Finance For more than 25 years, GeoTechnologies Inc. has provided geotechnical engineering, site assess- ment, subsurface investigation, and other critical services for large-scale construction projects. As its business matured, the North Carolina-based firm needed to strengthen its financial manage- ment foundation to help managers be er analyze revenue and profitability in real time. Those project-based reporting capabilities were lacking in an on-premises Microso Dynamics GP (Great Plains) application that GeoTechnologies had deployed 12 years earlier. As a result, the finance team resorted to time-consuming and error-prone exports to Excel for reporting that took 15 or more hours each month. "We really needed to get revenue reports to our executive team on a project and client level, and Microso Dynamics GP just wasn't able to do that for us," said Debora Hester, GeoTechnologies' controller. "We had to export information to Excel multiple times and spend a lot of time manipu- lating the data. It was a very cumbersome task." As the struggles continued, Massey Consulting, an IT services firm that GeoTechnologies has worked with for more than 15 years, suggested that an upgrade to Sage Intacct for more robust reporting and financial management would provide the visibility and efficiency that GeoTechnologies needed. A er evaluations, GeoTechnologies made the move to Sage Intacct as its first cloud-based appli- cation. "We've been so successful with Sage Intacct that we've now moved our entire IT portfolio to the cloud, which has saved us an enormous amount of money by not having to maintain an in- house network and constantly upgrade our so ware and hardware," Hester said. GeoTechnologies worked with Massey Consulting on the implementation and also to integrate Sage Intacct with GeoTechnologies' in-house project management application. Solutions Faster, More Insightful Financials and Reporting Since implementing Sage Intacct, GeoTechnologies has automated key finance processes, includ- ing the monthly close, accounts receivable, and multi-entity accounts payable and allocations. For vendors that bill the company's multiple entities, the finance team previously had to input separate payable entries for each entity and print multiple checks, or allocate manually. With Sage Intacct's inter-company transaction capabilities, Hester's team can now simply enter top-level expenses and tag them to the appropriate entity and any other desired dimensions. The system automatically makes journal entries behind the scenes, so the team can now just print one check per vendor. Engineering Firm Seeks a Solid Foundation for Finance GeoTechnologies Inc C A S E S T U D Y

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