Customer Case Studies

team simply sets up each revenue recognition schedule when a new engagement begins, and Sage Intacct automatically schedules the ongoing revenue postings. "Because of the great integration with Salesforce, our new sales flow right into Sage Intacct seamlessly. Sage Intacct then creates the initial invoice, which we can easily turn into a recurring invoice for perpetuity," commented Novak. "Additionally, our sales and service teams can access any customer information or accounts receivable details they need in either system from anywhere." Finally, Sage Intacct's powerful, built-in financial reporting capabilities save the finance team a day's worth of time it formerly spent on manipulating custom reports in Excel each month. "With the efficiencies we've enjoyed, and our access to comprehensive information that we can trust, Sage Intacct allows our team to spend more and more time digging into valuable analysis and uncovering key insights for the business," noted Novak. "If we were still on our old system, we would've needed at least two more finance headcount – at a cost of around $150,000 annually – just to keep pace with the growth we're expecting." Gaining Visibility into Key Business Metrics Another valuable benefit that Sage Intacct brings to Cornerstone is the ability to categorize and examine both its financial and operational data in more ways. Cornerstone takes advantage of Sage Intacct's multi-dimensional general ledger to make comparisons across a ributes like customers, vendors, departments, locations, and employees. This helps the company be er understand who it is selling to, which products its customers are using, and their price tolerance. For example, the finance team has built custom reports that slice and dice profit and loss statements in several different ways. This allows the business to look closely at its revenues across product platforms and down to individual product lines, as well as from subscription fees verses professional services. Using this insight, Cornerstone recognized a need to maintain focus on developing a substantial product line upgrade in order to drive revenue. © 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. 10.17 www.sageintacct.com 877.437.7765 About Cornerstone Information Systems Founded in 1992, Cornerstone provides so ware solutions for the travel industry. It helps more than more than 450 travel management companies, corporate travel departments, and online travel agencies work more efficiently and more profitably by managing the most complex and time-intensive aspects of the reservation and information management processes.

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