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Sage Intacct now seamlessly converts closed/won
opportunities from GoGuardian's Salesforce CRM system
into contracts, invoices customers, closes accounts
receivables (A/R), and generates revenue recognition
schedules that post to the general ledger automatically.
As a result, the company is able to close its A/R in a
single day at the end of each month. Additionally, Sage
Intacct Collections drives a painless, configurable
process that sends customers reminders, assigns owners
to collection cases, and centrally records all activity to
provide real-time visibility into customer histories, aging
balances, and more.
Finally, the cloud-based financial management system
syncs GoGuardian's accounts payables (A/P) from Bill.
com and employee expense reports from Expensify,
so that all financial transactions are paperless and
recorded centrally in Sage Intacct. Next, the company
plans to further accelerate its order-to-cash cycle by
integrating Sage Intacct with an EDI solution from B2B
Gateway in order to enhance the process of invoicing its
channel partners, such as CDW and Dell, which bundle
GoGuardian's so ware with their hardware.
Timely Financial Insight Steers
Continued Growth
GoGuardian's finance team delivers more value to
the business because Sage Intacct offers a flexible
foundation that lets them track and report on financial
data. They simply "tag" transactions with the relevant
dimensions, such as customer, vendor, employee,
location, or project, which adds business context to the
company's data and makes it easy to find fast answers
to a wide range of business questions. And with
hundreds of pre-built financial reports in Sage Intacct,
the team can provide GoGuardian's management with
accurate metrics to inform key decisions that continue
to steer the company's 100%+ year-over-year growth.
In addition, Sage Intacct helps the finance team
provide useful insight to outside investors in a timely
manner with li le effort. "Our investors are very happy
and confident about our plans because we can be
transparent about our financial results on a monthly
basis, which ensures more productive board meetings,"
shared Woo. "Now, we spend more time reviewing
financials and analyzing data, and we're able to instantly
answer ad hoc financial questions from anyone."
About GoGuardian
GoGuardian® is an award-winning cloud-based so ware suite providing educators with unprecedented control
over their school district's 1:1 technology programs. With GoGuardian, school leaders can keep the internet as
open as possible—but as safe as needed—empowering students to discover, learn, and grow while helping
them stay focused and learn digital citizenship.
