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Customer Profile | 1 Executive Summary Previous Solution: • QuickBooks Results with Sage Intacct: • Shortened monthly close by over 80% • Slashed DSO by half and increased operating cash flow by $7M • Scaled effortlessly with 2X revenue growth • So ware ROI of more than 800% in the first year alone Thanks to Sage Intacct, we reduced our monthly close from 31 days to five, while reducing days sales outstanding (DSO) from 59 days to 29 and pulling in an additional seven million dollars in operating cash. These significant improvements allowed the company to invest in headcount for product development, push out fund-raising by eight months, and further develop a reseller channel to reach more schools. By automating our full range of accounting workflows, Sage Intacct helped us scale easily even as our sales doubled. – Elliot Woo, Director of Accounting, GoGuardian Robust Financial Management for Rapid Scale On a mission to transform education, GoGuardian provides Chromebook management solutions that keep students safer online and make teaching easier. Following its founding in 2014, the company experienced tremendous growth in K-12 schools and already serves over 4 million students and 120,000 educators in all 50 US states. However, it was difficult for the organization to keep up with this rapid pace of growth while relying on cumbersome processes that slowed the receipt of revenue, prolonged month-end close, and delayed visibility into GoGuardian's cash position. Its sales operations team had to tediously convert opportunities into contracts, then manually invoice those contracts and send payments to a third-party accounting firm, which posted them to the general ledger in QuickBooks and put them into an Excel-based revenue recognition tracker. Elliot Woo recently joined GoGuardian to bring the company's accounting operations in-house, and he quickly decided they needed to replace their QuickBooks so ware with a more efficient solution that could provide insight into SaaS financial and operational metrics. "We wanted a robust system that could automatically process contracts as purchase orders are received, bill customers, accept payments, post to the general ledger, do revenue recognition, and produce financial reports," said Woo, director of accounting at GoGuardian. "A er evaluating Oracle NetSuite as well, we found that Sage Intacct's user interface was superior, along with being more affordable. We were pleased with the so ware's tight Salesforce integration, quick implementation, and helpful training offerings." Automated Order-to-Cash Increases Cash Flow by 50% Working with Sage Intacct partner, RKL eSolutions, GoGuardian deployed Sage Intacct as the core of a best-in-class financial ecosystem, and automated its entire order-to-cash process. Woo noted, "With Sage Intacct, we were able to eliminate a giant 5,000-line spreadsheet that kept track of all our contracts and revenue data across varying licensing terms. Instead, we rely on technology to streamline our accounting processes and make us scalable." Case Study: GoGuardian

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