Intacct is the SaaS provider we selected at Ingres for our accounting software over 2 years ago.  They provide on line Financials including general accounting, purchasing, inventory and order management capabilities. Their order entry and receivables applications are pre-integrated to Salesforce.com and we utilize this key capability.  Their annual conference was held last week in San Jose at the Hayes Mansion.

Intacct has been expanding their strategic partnerships and have been working on their platform and integration standards to make these offerings seamless and compelling.  This year QuickArrow and SpringCM were among the highlighted partners, both important players in the SaaS community.

Additionally, Intacct has continued to build new capability into their application, releasing features each month.  The best of these was announced at the conference by the team working on a project that will deliver multi-entity accounting in one global instance.  Intacct already has multi-currency support in one instance, when the base or functional currency is shared or you can have multiple base currencies, each in it’s own instance with global consolidations. This enhancement gets them to one instance no matter how many functional currencies are involved.  We saw KPI’s across a global set of legal entities, and reporting such as AR aging that are also global.  Now that was compelling!

These are the kind of developments that move Intacct further in position to win deals as an alternative to the two major legacy players remaining in the ERP market.  Exciting times….

 

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