Customer Case Studies

Customer Profile Case Study: Pentaho | 1 Executive Summary Previous Solution: • QuickBooks Results with Sage Intacct: • Sped monthly close by a couple of weeks • Eased reporting for several international entities in multiple currencies • Avoided multiple full time employee hires Sage Intacct gives us a financial hub that works perfectly in tandem with our sales hub— Salesforce. Rarely do you see such valuable, seamless integration between two so ware packages, without which we would have needed to add headcount to our team just to keep pace with Pentaho's growth. –Jerome P. Kelliher, Director of Finance & Accounting, Pentaho Gaining Support for Multiple Entities, International Currencies Pentaho Corporation is a rapidly growing so ware company that's delivering the future of business analytics. Over the past decade, Pentaho has expanded from its headquarters in Orlando, Florida, to new international operations—increasing the complexity of the company's financial processes and reporting. Consequently, Pentaho decided to make the switch to a sophisticated cloud-based system that would automate its accounting and financial management processes, especially surrounding the company's complex revenue scenarios and global consolidations. "As a rapidly growing worldwide company in a hot market, we knew we needed a more robust financial system than QuickBooks. We liked that Sage Intacct offered cloud-based so ware that had all the functionality of traditional on premises mid-market systems," said Doug Johnson, executive vice president and chief operating officer of Pentaho. "When we evaluated competing financial management solutions, we felt Sage Intacct was best suited to meet our needs in several key areas, including multi-entity and multi-currency management and advanced revenue management." Ever since Pentaho brought in Sage Intacct, the best-in-class solution has successfully supported the company's continued growth—as it significantly increased revenue, more than doubled headcount, acquired new businesses, and secured $23 million in Series C funding. Automating Complex Revenue Management and Global Consolidations Sage Intacct now underpins Pentaho's five-entity general ledger with a shared chart of accounts across the company's four subsidiaries, making it easy to add new entities as needed over time. By implementing Sage Intacct and undergoing several internal process improvements, the finance team was able to streamline accounts payables and receivables workflows, and reduce the company's monthly close by a couple of weeks—while producing more accurate financial information. The

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