Customer Case Studies

© 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. 09.17 The team now saves over eight hours every week that it previously spent on the most critical accounting tasks of its medical records collection business. "Before Sage Intacct, we had to tediously print and then scan in hundreds of checks across dozens of different client bank accounts each day, as well as do manual double-entry for hundreds of daily credit card payments and reimbursements," commented Sutphen. "Now that we can import these accounts payable and receivable transactions from our proprietary so ware directly into Sage Intacct, all related journal entries are automated, and we have access to electronic documentation for future reference." Powerful Reporting Sheds Light on Business Performance Sage Intacct has greatly improved Legal Monkey's monthly report preparation process as well. Sutphen noted, "Sage Intacct's report writer is a thing of beauty. Rather than spending my nights and weekends tediously producing budget variance reports in Excel, I now have everything our management needs at my fingertips right in Sage Intacct. I save around sixteen hours of my own time each month, and can easily deliver the company's monthly, quarterly, and year-to-date actuals-to-budget analysis during normal working hours." In addition, Sutphen shared that the company's financial close is at least five days shorter. Sage Intacct's unique dimension capability, which lets users tag individual transactions with key operational details, makes it easy for Legal Monkeys to filter, group, and organize its financial data for deeper analysis. As the company accumulates more historical information in Sage Intacct, the team will be able to access more granular reporting for be er insight into individual entities, service lines, and projects, such as comparing growth rates across the company's different billing models. In addition, Sage Intacct's integration with Workforce Go! will allow Legal Monkeys to slice and dice its payroll data according to how many hours are spent working on each customer, so that the team can monitor labor efficiency ratios and be er understand profitability by client. "I'm excited about expanding our use of Sage Intacct to include personalized dashboards for key users, like our management team and specific departments," said Sutphen. "As we provide more stakeholders with the timely, trusted financial and operational data they need to make be er decisions, Sage Intacct's self-service access will relieve the pressure on my team to compile and provide important data across the business and to our owners." www.sageintacct.com 877.437.7765 About Legal Monkeys Legal Monkeys is a corporation that provides technology solutions for law firms through several different entities, including a records collection service for personal injury lawyers, as well as other property holding companies. The organization is based in Bryan, Texas and employs around 100 professionals across these businesses.

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