Customer Case Studies

www.sageintacct.com 300 Park Ave #1400 San Jose, CA 95110 877-437-7765 Copyright ©2018, Sage Intacct, Inc. All rights reserved. Sage Intacct is a registered trademark of Sage Intacct, Inc. Rev: SI_Case_Study_RapidRatings_Updated | January 25, 2019 8:57 AM R a c i n g i n t o t h e F u t u R e w i t h c l o u d F i n a n c i a l M a n a g e M e n t "We chose Sage Intacct because of our international operations. It helped us consolidate all of our financial information into one concise location and to be able to access it in real time," recalled Conner. Sage Intacct also features an innovative, table-driven chart of accounts and much easier, more flexible reporting features, including dashboards. Results Faster Reporting Leaves More Time for Planning and Budgeting Spendthri Farm has been much be er served by having a cloud-based financial management solution that enables financial employees and managers to logon and access information whether they are at home or at the farm, in the U.S. or Australia. "One of my favorite things about Sage Intacct is the accessibility of all of my companies. I can log on from anywhere and access any of my companies at any time and that is something I did not have before at all," said Conner. The chart of accounts forms the framework for how all financial information is stored—affect- ing everything from data entry to reporting. A traditional, linear-based chart of accounts o en results in a huge number of account codes. Instead, Sage Intacct uses a logical, table-driven structure. Natural accounts, such as assets and liabilities are set up with added dimensions (tags or a ributes) that set rules for data entry and reporting. Dimensions allow for real-time reporting of comparative, cross-tabulated data as well as hier- archical, drill down data. The more flexible chart of accounts in Sage Intacct, combined with its real-time data and be er reporting functionality, enabled Conner to complete her reporting much more quickly each month, as well as deliver be er information to management. "Before we were always looking way back, but now, with Sage Intacct, reporting is a very simple process. We pull it all together and present it in a manner that is concise, quick, and time sensitive. As a finance professional, this allows me to look at our finances in real time and make decisions in a way that was not possible before," noted Conner. "Switching to Sage Intacct has also allowed us to provide real-time information to management, so they can make decisions immediately," continued Conner. "For example, I can give informa- tion to the farm manager, and he can immediately make decisions about what to purchase and can negotiate be er pricing." Thanks to the extra efficiency delivered by Sage Intacct, Conner uses the time she saves on monthly reporting to focus more energy on higher-level tasks that support management. She explained, "Before Sage Intacct, it was very difficult to do forecasting and budgeting in a timely manner. Now I'll be able to step back and do much more in my strategic role, because I no lon- ger spend my time pulling data." Switching to Sage Intacct has allowed us to provide real-time information to management, so they can make decisions immediately. For example, I can give information to the farm manager, and he can immediately make decisions about what to purchase and can negotiate be er pricing. Christi Conner, Controller, Spendthri Farm

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