Customer Case Studies

Customer Profile Case Study: Legal Monkeys | 1 Executive Summary Previous Solution: • QuickBooks Results with Sage Intacct: • So ware paid for itself in <5 months based on business value alone • Gained granular visibility into business performance • Freed 6 days/month from tedious accounting and reporting tasks • Shortened monthly financial close by 5 days Sage Intacct delivers tremendous value to our business, from streamlined processes to be er visibility into performance. We estimate the so ware pays for itself in just 5 months each year, and we've also saved at least $40,000 in reduced headcount needs. But what's even be er is that we're now well-positioned to handle more growth because Sage Intacct's automation can seamlessly absorb any extra work that comes our way. –Kim Sutphen, Controller, Legal Monkeys Finding Financial So ware Built By and For Accountants Legal Monkeys is a technology services firm composed of several entities that together have been growing at an annual rate of over 15 percent per year. With a lean finance team, accounting functionality limitations associated with QuickBooks, and several inefficient workarounds, the company's back office had struggled to keep pace with its growth. In particular, QuickBooks' lack of integration with other systems required significant amounts of duplicate data entry in order to keep up with hundreds of orders flowing in every day. The team also wasted days every month doing tedious data manipulations in Excel in order to calculate budget-to-actuals comparisons. And finally, QuickBooks was unable to maintain annual supplier payment totals, or to separate out reimbursable charges from service fees, which hindered annual 1099 form compliance. The company's controller, Kim Sutphen, pointed out, "There was no doubt that we needed to upgrade from QuickBooks, and we looked closely at both Sage Intacct and Oracle NetSuite. The choice to go with Sage Intacct was clear – as a best-in-class, cloud-based ERP system that can integrate with any application we require, it met all our needs. We especially appreciate that the teams at both Sage Intacct and our Sage Intacct Partner, BTerrell Group, are made up of CPAs who truly understand our end-to-end accounting processes and are always responsive to our questions." Modern Cloud ERP Saves Time and Money BTerrell Group worked with Legal Monkeys to configure and integrate Sage Intacct effectively into all of the company's specific workflows. As a result of streamlining financial processes through Sage Intacct, everyone on the finance team achieved a be er work/life balance, and was able to redirect much of their daily work into more impactful projects. Legal Monkeys extended these efficiencies even further by deploying BTerrell's Billable Expenses add-on to manage pass-through client transactions, as well as the Workforce Go! solution for full payroll integration between Sage Intacct and AmeriFlex Workforce Management.

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