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Overcoming Financial Growing Pains

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Overcoming Financial Growing Pains in Professional Services Organizations 4 Strategy No. 1: Increase Productivity Through Automation As firms successfully achieve their growth potential, too o en the finance systems that helped them achieve their success fail to scale up to meet the new demands and requirements of the now larger firm. The result? Finance teams fall back on manual data entry and redundant re-keying into multiple systems a time-draining, error-prone process. A be er way is to automate financial workflows to cut the time required and eliminate rekeying. Meeting the Challenge at Tandem HR Tandem HR provides human resources infrastructure, services, and expertise, enabling clients to focus more on strategic priorities to grow their businesses For this services firm, the challenges came from several directions: manual consolidations across 16 entities, complex project accounting processes, and lack of detailed financial visibility across projects Tandem HR switched from QuickBooks to Sage Intacct's best-in-class, cloud financial management solution, a move that's paid dividends in several ways Results with Sage Intacct • Saved 500 person-hours annually • Streamlined accounting for 16 entities • Reduced manual errors With Sage Intacct, our finance team now has much more time to analyze data, as opposed to worrying about data entry and processing spreadsheets. SAM KASHY Director of Business Development, Tandem HR

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