Customer Case Studies

Cameo Global

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© 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. 12.17 www.sageintacct.com 877.437.7765 Sage Intacct's seamless integration capabilities have given Cameo a core financial system that's connected with its additional business systems, including ADP, Concur, Kronos, and several credit card processing systems. This streamlines regular tasks that used to take two days in the previous disconnected financial system down to just a couple hours – saving at least a week of person-hours each month. Cameo also realized valuable productivity improvements in its currency conversions, accounts receivables, revenue recognition, and accounts payables processes. And using Sage Intacct's global consolidations, Cameo can now fully consolidate its books in US dollars with just a click of a bu on – all while maintaining a view into each international entity in its local currency. In addition, Sage Intacct dramatically improved ad hoc reporting, which previously consumed about a third of Munson's time. Having immediate, accurate views of the business saves time and helps ensure decisions are made using the correct information. Gaining Real-Time Financial and Operational Visibility Worldwide With Sage Intacct's project accounting capabilities, Cameo has comprehensive data across the services delivery lifecycle and can optimize profitability by load balancing projects across countries. "Prior to Sage Intacct, we were really flying blind in regards to our projects around the world," commented Munson. "But now we're evaluating projects in Belgium the exact same way we do here in the US. It's simple to quickly get a thorough view of profitability by any time period, any business unit, any geography, any project, or even any individual employee." These insights have helped Cameo save money on stop loss situations and exploit opportunities that are more profitable. For example, with Sage Intacct the company was able to identify that its hardware business overseas was running at less than half the margin of its managed services business. As a result of this visibility, Cameo made the decision to shi its focus to more profitable lines and narrow its hardware strategy towards a 'ge ing in the door' approach. About Cameo Global Cameo provides IT solutions to organizations in 86 countries worldwide – ranging from global enterprises and government entities to small-scale technology startups. The company delivers over 900 complex technology projects per month, including consulting, procurement of hardware and so ware, logistics management, installation and configuration, as well as operations and sustaining support services.

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