Customer Case Studies

© 2018 Sage Intacct, Inc. All rights reserved. www.sageintacct.com 877-437-7765 Challenges Preparing for Scale with Robust ERP RizePoint is a global leader in providing quality management solutions for nearly 400,000 food service, hospitality, and retail industry users across 120 countries. The company has grown dramatically, increasing its bookings by over 300% in just the past year. With this expansion, the finance team struggled to keep pace. Their previous accounting system didn't support RizePoint's revenue recognition or depreciation needs and the process was managed using spreadsheets. In addition, the so ware's limited reporting capabilities impacted the business' ability to accurately budget and forecast for ongoing growth. Eventually, RizePoint recognized that it was time for a more robust ERP solution that could scale with the company. The company's director of finance, Chris Heaton, shared, "We went in search of a cloud-based solution that could meet our needs for future expansion and eliminate QuickBooks' hosting costs. While we considered many solutions, we chose Sage Intacct because of its revenue recognition capabilities and its ability to integrate with other applications across our business." Solutions Streamlined Financial Processes Slash Monthly Close Time RizePoint worked with Sage Intacct implementation partner Armanino LLP to move from QuickBooks to Sage Intacct in just three months. By replacing the cumbersome spreadsheet process with Sage Intacct's Revenue Management so ware, the finance team was able to translate their revenue recognition requirements into simplified, streamlined workflows that leverage defined templates and rules, and automatically apply them across individual contracts or order line items. As a result, they save hours every month and now have confidence that they'll be able to accurately handle RizePoint's revenue recognition as the company grows. RizePoint also deployed Sage Intacct's Salesforce connector for seamless CRM integration that eliminates duplicate data entry and helps break down silos by increasing collaboration and visibility between the finance and sales departments. Additionally, by adopting the Expensify add-on from the Sage Intacct Marketplace, the finance team gained direct integration with its expense management system, which makes it faster than ever to review expenses and reimburse employees. Company Overview RizePoint is the global leader in Quality Experience Management SaaS solutions. RizePoint so ware creates a hub of valuable compliance information to align organizational focus on brand protection. Dedicated to helping our customers deliver a positive brand experience, RizePoint serves more than 2 million audits with 300 million questions answered annually. Considered the industry standard for food service, hospitality, and retail, RizePoint is headquartered in Salt Lake City, Utah. Executive Summary Previous So ware: • QuickBooks Results with Sage Intacct: • Shortened monthly close by more than half • On-demand insight increased budget accuracy • Integrated with other so ware solutions for increased visibility and reporting Preparing for Scale with Robust ERP RizePoint C A S E S T U D Y

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