Matrix Absence Management Uses Intacct's Cloud Financial Management System to Improve Business Operations
August 30 2010 - 10:30AM
Marketwired
Intacct, the leader in cloud financial management and accounting
applications, today announced Matrix Absence Management has
improved business operation by moving its financial management
applications to the cloud with Intacct. Using Intacct, Matrix
Absence Management, a subsidiary of Delphi Financial Group (NYSE:
DFG), has enhanced financial processes like revenue management and
invoicing, shortened its monthly financial close process, and
improved reporting and analysis for better financial visibility.
Matrix selected Intacct over NetSuite.
In a new client case study, Intacct highlights the results
Matrix is enjoying from its switch to Intacct from Epicor and Sage.
The full case study is available for download at
http://us.intacct.com/pr/matrix. Here is a quick overview of the
profile:
Previous Business Challenges Faced by Matrix
Absence Management:
- Growing company needed a flexible financial management solution
that supported automating financial processes
- Wanted a user-friendly solution that could eliminate the need
for duplicate data entry
- Looking to implement a cloud-based solution to minimize demands
on small IT team
Results with Intacct:
- Streamlined revenue management and other financial processes;
reduced monthly close by one full day each month
- Streamlined billing processes to eliminate duplicate data
entry, reduce risk of human error and speed monthly invoicing by 20
percent
- Cloud-based financial management solution doesn't require
deploying and maintaining software; needs no IT staff support
Highlighted Comments from Mike Fredericksen,
CFO of Matrix Absence Management: "We put Intacct and NetSuite
head to head, and after an extensive evaluation found that Intacct
would offer a better return on investment as it was more flexible,
had more features and offered a lower total cost of ownership."
"We've seen process and efficiency gains in more areas than we
anticipated. Intacct has been a great asset, and we're continuing
to find ways to leverage the solution to improve our business."
"Intacct's cloud financial solution offers us all the features
and functionality we need today and the option to add additional
capabilities as we grow. It's the perfect combination of high value
and low total cost of ownership."
For additional information on Intacct solutions for business
services companies, please visit
http://us.intacct.com/solutions/business_administrative_services.php.
About Intacct Intacct is the market and
technology leader in web-based financial management and accounting
applications for businesses and CPA firms. Bringing cloud computing
to finance and accounting, Intacct's award-winning applications are
the preferred financial applications for AICPA business solutions.
Intacct applications are used by thousands of businesses from
startups to public companies and are designed to improve company
performance and make finance more productive. The Intacct system
includes accounting, contract management, revenue recognition,
inventory, purchasing, vendor management, financial consolidation
and financial reporting applications, all delivered over the
Internet via cloud computing.
Intacct is headquartered in San Jose, California. For more
information, please visit www.intacct.com or call 877-437-7765.
Intacct and the Intacct logo are trademarks of Intacct
Corporation. All other company and product names mentioned herein
may be trademarks of their respective owners.
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Press Contact: Peter Olson Intacct 408-878-0951
polson@intacct.com http://www.twitter.com/intacct_peter
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