Customer Case Studies

Customer Profile Case Study: Vaquero | 1 Executive Summary Results with Sage Intacct: • Scaled easily during rapid expansion • Gained visibility to make informed strategic spending decisions • So ware paid for itself in <2 months based on business value alone One of the great benefits of Sage Intacct is how easy it is to build and extract whichever financial metrics we need. We can rapidly produce trusted information about any particular piece of the business and have an accurate picture of individual projects, monthly operating spend, as well as invested capital. –Sandra Fendley, Chief Accounting Officer, Vaquero Midstream Building an Early ERP Foundation for Scale A few years ago, Vaquero Midstream was launched to create value for oil and gas producers by gathering and processing their rich natural gas and providing access to the best markets for their products. From the beginning, the founders recognized the importance of establishing best practices and future-ready processes for all back office functions. They knew that if they wanted to efficiently manage multiple legal entities, capital project costing, inter-company transactions, and sophisticated purchasing controls, they would need powerful accounting so ware. Sandra Fendley, Vaquero's chief accounting officer said, "We adopted Sage Intacct early on because of its robust financial accounting capabilities across the board, which are helping us to scale effortlessly without hiring a lot of back office staff as the company grows. Sage Intacct's multi-entity general ledger, accounts payable, granular reporting and other capabilities are all very intuitive, and we love that the system is cloud-based, so it doesn't require any IT support." Automated Purchasing and Reporting Ensure Efficiency Vaquero worked with Dallas-based Sage Intacct partner BTerrell Group to quickly implement the cloud-based ERP system and configure it to the company's future needs. With Sage Intacct in place, the finance team created tailored purchasing transactions to minimize data entry and manual processes across Vaquero's multi-entity operations. For example, BTerrell helped set up tight purchasing controls in Sage Intacct, which let the team carefully manage all front-end purchase requisitions and authorized expenditures, and help them track commitments to avoid overspending as each individual entity scales. In addition, every office manager was given permissions-based access to Sage Intacct, so they can manage local payables on their own, which frees up time for corporate accounting. Because the field is self-sufficient in this way, they can answer vendor questions directly about invoice status. And by using Sage Intacct Dimensions to tag each purchase order with its project code, as well as other operational details, Vaquero is able to monitor project spending in real-time without having to maintain Excel spreadsheets or wait for bills to come in.

• Cover