Intacct, a leader in cloud financial management and accounting software, today announced that Confirmation.com has switched from Microsoft Dynamics GP to Intacct’s cloud-based financial system to streamline its financial processes and reporting across three entities. Intacct is helping Confirmation.com to eliminate several Excel worksheets, and gain real-time visibility into key financial and business metrics.
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Confirmation.com Switches to Intacct for Multi-Entity Cloud Financial Management
1. FOR IMMEDIATE RELEASE
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Intacct
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Confirmation.com Switches to Intacct for
Multi-Entity Cloud Financial Management
Audit Confirmation Company Automates Financial Processes, Gains Real-Time
Visibility, and Dramatically Lowers IT Costs with Intacct
SAN JOSE, Calif. – Nov. 11, 2013 – Intacct, a leader in cloud financial management and
accounting software, today announced that Confirmation.com has switched from Microsoft
Dynamics GP to Intacct’s cloud-based financial system to streamline its financial processes and
reporting across three entities. Intacct is helping Confirmation.com to eliminate several Excel
worksheets, and gain real-time visibility into key financial and business metrics.
Confirmation.com provides secure electronic audit confirmation services, processing over $1
trillion in confirmation information annually for a majority of public companies, as well as private
companies, non-profits, and government agencies. As the company grew, it began looking for a
more flexible solution to its financial management and accounting needs.
“After several years of using the Microsoft Dynamics GP system, we recognized the benefits to
be had by switching to a pure cloud-based solution,” said Melanie Burress, controller at
Confirmation.com. “We selected Intacct because it could handle our needs – such as more
flexible reporting, automated processes, streamlined consolidations, and remote access – right
out of the box, without requiring several add-ons like Dynamics.”
Confirmation.com is in the process of deploying Intacct with the help of their technology and
business consulting firm and Intacct partner, LBMC Technologies. Intacct will replace several
laborious financial processes, such as the company’s previous method of preparing cash flow
statements by downloading data from a separate reporting system and using Excel to
manipulate the format. With Intacct’s extensive pre-built report library, Confirmation.com will
now be able to easily produce the cash flow reports it needs without any additional work.
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2. Confirmation.com Switches to Intacct for Multi-Entity Cloud Financial Management
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“Helping Confirmation.com to realize the benefits of the Intacct solution is very rewarding,” said
Stacy Schuettler, managing partner of LBMC Technologies. “Not only will Melanie and her team
be able to take advantage of the streamlined financial processes and enhanced reporting, but
due to the power and flexibility of Intacct Web Services, we are creating a customization that will
provide a more robust and efficient integration with their online billing systems.”
Intacct will also help Confirmation.com to maximize the speed and efficiency of several key
financial management processes through comprehensive automation, and will provide a
complete picture of the organization’s financial performance at any time and from any location.
In addition, Confirmation.com will reduce the total cost of ownership of its financial management
system and free up valuable time to focus on its business by eliminating hardware costs and
reducing its software and IT costs and maintenance burden.
“We are so excited to get up and running on Intacct – it will be nice to move our financials into
the 21st century,” commented Burress. “Intacct’s modern, easy to use cloud software will help us
dramatically streamline our cash flow reporting and easily manage our three separate entities
without complex consolidation work. This is the type of financial system we need to manage our
growth going forward.”
“As a preferred provider within CPA2Biz’s family of cloud-service partners, Confirmation.com
has firsthand knowledge of Intacct’s commitment to innovation and customer success,” said Erik
Asgeirsson, president and CEO of CPA2Biz, the technology subsidiary of the American Institute
of CPAs (AICPA). “This is a great endorsement of Intacct and a good strategic decision by
Confirmation.com.”
To learn more about how Intacct helps software organizations improve productivity, please visit
http://us.intacct.com/your-business/your-industry/software-saas-accounting-software.
About Confirmation.com
Confirmation.com is the creator and world’s leading provider of secure electronic audit
confirmation services. It processes over $1 trillion in confirmation information annually for a
majority of public companies, as well as private companies, non-profits and government
agencies. In addition to its bank confirmation solution, the company provides solutions for more
than 30 different types of audit confirmations including accounts receivable confirmations.
Confirmation.com is the Preferred Provider of Electronic Confirmations for the AICPA Trusted
Business Advisor™ Solutions Program and is endorsed by the American Bankers Association.
Confirmation.com has also received numerous awards including being a multi-year alumnus on
the Inc. 500 list for 2010 and 2011. Several hundred In-Network responding companies
including all of the Top 10 banks in the U.S. and over 11,000 accounting firms in more than 100
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3. Confirmation.com Switches to Intacct for Multi-Entity Cloud Financial Management
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countries trust Confirmation.com for their audit confirmation needs. For more information, visit
www.confirmation.com.
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
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.