Customer Case Studies

Energy Water Solutions

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© 2017 Sage Intacct, Inc. All rights reserved. The Sage Intacct logo is a trademark of Sage Intacct, Inc. and/or its affiliates. All other company or product names are the property of their respective owners. 09.17 Sage Intacct. "We actually started with the endgame in mind and process-mapped backwards to prepare for growth. Now, Sage Intacct and AcctTwo are always a step head of us, and we've been able to contract and expand with no growing pains," he shared. "All of our finance processes just work, because we're basically running our business on the Sage Intacct platform. It manages the meat and potatoes of our accounting with minimal manual work at a very reasonable cost." EWS appreciates that its field service operators in rural locations can easily enter expenses into Sage Intacct in the cloud from wherever they are on their mobile tablets, eliminating the need for IT support or additional technology costs. The company also pulls all payroll, inventory, and purchasing journal entries from its outsourced payroll and manufacturing systems into Sage Intacct for visibility across the business. And as EWS invents new products, Sage Intacct is flexible enough to support various bills of materials and many different part vendors. Clear Business Performance Visibility Enables Timely Moves The company's CFO prepares all of EWS' key reports in Sage Intacct, including standard monthly financials, quarterly board reports, and custom reports that show labor per project, spending per department, profit by customer, by location, and by region, as well as competitive pricing insights. Since Sage Intacct's general ledger uses dimensions that capture the business context of each transaction, EWS can analyze granular business performance by filtering, grouping, and organizing data across each of these drivers without having to manage a complex chart of accounts. As a result, the management team can monitor the pulse of the business in real-time and make decisions that drive profitability. "With Sage Intacct, we're freed up to proactively manage our capital expenditures – something that's especially important for our maintenance department, which relies on expensive heavy equipment," said Weathersby. "We can see at any moment in time whether our operators are spending over their forecasted budget, and can make strategic adjustments or negotiate smarter to manage our cost of capital so there are no surprises." EWS also leverages the visibility Sage Intacct provides during frequent operational deep dive calls with investor groups. Its CFO can quickly gather a wide range of important data points, such as return on capital, asset tracking, headcount, and more, to answer any questions the board has. And at the CEO-level, Weathersby can easily access macro performance indicators via Sage Intacct, like EWS' overall gross margin, cost of goods, and total number of clients, for an at-a-glance view of the health of the business. www.sageintacct.com 877.437.7765 About Energy Water Solutions Energy Water Solutions (EWS) is a total water management firm providing cost-saving solutions to oil and gas producers across the entire life of lease. EWS has provided innovative produced water recycling, disposal and evaporation solutions in basins across the country, including the Eagle Ford, Delaware, Faye eville, and Niobrara.

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