Intacct, a leader in cloud financial management and accounting software, today announced strong results for its first fiscal quarter of 2014, ended September 30. Overall bookings for the company grew 150% over the same quarter a year ago.
Intacct Increases Bookings 150 Percent Year Over Year
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Intacct Increases Bookings 150 Percent Year Over Year
Strong Growth across All Channels Fuels Impressive First Quarter Results
SAN JOSE – Nov. 4, 2013 – Intacct, a leader in cloud financial management and accounting
software, today announced strong results for its first fiscal quarter of 2014, ended September
30. Overall bookings for the company grew 150% over the same quarter a year ago.
Intacct and its business partners delivered growth across all sales channels, with Intacct’s
value-added resellers showing particularly impressive results. Microsoft and Sage partners,
growing weary of the lack of innovation and VAR business development offered by these legacy
vendors, continue to flock to Intacct to expand their portfolio. In recent months, Intacct has
added several top Microsoft and Sage partners to its program – including Accounting Today Top
100 resellers.
Intacct also continues to add new customers at a rapid pace – with more than 7,300 companies
using Intacct to improve their financial processes and accelerate growth. As existing customers
thrive in the improving economy, they are expanding their use of Intacct by adding new users
and additional modules in record numbers.
“Intacct remains the fastest-growing accounting and financial management software company in
the mid-market,” said Robert Reid, president and CEO of Intacct. “Our outstanding growth is a
direct reflection of the results we deliver for both our customers and partners. As more and more
companies replace their outdated on-premises financial systems with modern cloud-based
systems, Intacct is well positioned to continue this rapid pace of growth well into the future.”
About Intacct
Intacct is the cloud financial management company. Bringing cloud computing to finance and
accounting, Intacct’s award-winning applications are the preferred financial applications for
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2. Intacct Increases Bookings 150 Percent Year Over Year
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AICPA business solutions. Intacct applications, in use by more than 7,300 organizations from
startups to public companies, are designed to improve company performance and make finance
more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to
their clients. The Intacct system includes accounting, contract management, revenue
recognition, project accounting, fund accounting, inventory management, 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. Connect with Intacct on LinkedIn, Facebook, Twitter or
YouTube.
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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.