Are you ready to transition your accounting system to a modern cloud based platform that delivers the functionality you need while providing a real return on your investment? You may be ready to graduate to a full featured financial management and accounting system. Join the Raffa Technology team for an informative seminar reviewing the powerful cloud based financial accounting system Intacct. This educational session will focus on the business drivers for cloud based accounting solutions with a focus on Intacct's award winning software platform. We will take you through a tour of Intacct's key features and functionality.
Axa Assurance Maroc - Insurer Innovation Award 2024
2013-03-26 Cloud Based Accounting Systems
1. Intacct Cloud
Based Accounting
System
Buu-Linh Tran – Senior Manager
Jeremy Taro – Account Executive
Thrive. Grow. Achieve.
March 26, 2013
2. WHAT’S ON TAP
Introduction & Agenda
New Options - On Premise v. Cloud
What is the Cloud? Attributes, Advantages
On Premise – Advantages
Mixed Cloud with Traditional ERP
Key Decision Points
Introduction to Intacct
Flexibility & Visibility
Multi-Everything
Demonstration - Intacct
Functions
Visibility
Flexibility
ROI
Q&A
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3. DO YOU NEED THE NEW SOFTWARE?
Hint – Sometimes You Need to Change
Your Software!
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4. MUTUAL INTRODUCTIONS
• WHO IS IN THE ROOM
• YOUR ORGANIZATION
– Size – employees
– Current Accounting Solutions
– Challenges
• Raffa
– Seth Zarny
– Glenn Anstead
– Jeremy Taro
– Brief Background and Qualifications
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5. WHAT IS THE CLOUD?
NATIONAL INSTITUTE OF STANDARDS AND
TECHNOLOGY (NIST)
Cloud computing - model for convenient, on-demand
network access to shared pool of configurable
computing resources (e.g., networks, servers,
storage, applications, and services). Rapidly
provisioned and released with minimal management
effort.[4]
Cloud computing provides computation, software,
data access, and storage services – does not require
end-user knowledge of physical location and
configuration of the system that delivers services.
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6. CLOUD – CLAIMED KEY ATTRIBUTES
• Agility – Improved Re-Provisioning
• Cost – Claimed to be reduced,
costs distributed over many users
• Device & Location Independence
• Multi-Tenancy – Key Issue for ERP
• Reliability – Multiple Redundant
Sites
• Security – Providers devote more
resources
• Maintenance – Upgrades Installed
Centrally
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7. ON PREMISE ATTRIBUTES
•Control – In your environment
•Integration with Organization Applications
•Customization – Under Your Control
•Security – Pluses & Minuses
•Access – Remote Access & Controlled Users
•Local Data – Data is Accessible
•Known Costs – Traditional Costs
•Reputable Mature Vendors
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8. MIXED CLOUD & TRADITIONAL VENDORS
• Existing Software – Hosted in the Cloud
• Mature Products – Functionality
• Monthly Fees
• Single Tenancy – Upgrades, Backups,
Customized Attention
• Integrations – Traditional
• Remote Access - Citrix, Remote Desktop
• Known Costs – Traditional Costs
• Reputable Mature Vendors
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9. Key Decision Criteria
To Consider
• Functionality – Do Cloud Solutions Meet Your Functional
Needs?
• Sophistication – What level of customization do you require
• Infrastructure Support – Committed to On-Premise
Infrastructure, Cloud, or Both
• Costs – What are the Realistic Costs for Your Organization
– On-Premise vs Cloud
• Support – Who is Supporting Your Users, Applications, and
Infrastructure
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10. Introduction to Intacct
• Newer Cloud Based ERP
System
– True Cloud Based
– Local Partners
– Yearly Costs
• Strong Functionality
• Very Satisfied Client Base
• Targeted to Firms – in no
particular order
– Outgrowing QuickBooks
– Multi-Company
– Interested in the Cloud
– Multi-Currency
– Not For Profit
– Multi-Organizational Rollup
– Project Oriented Firms –
Professional Services – Cost Effective
– Very Strong Financials
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11. Intacct’s Relevant Experience
HELPED HUNDREDS OF Case Examples
BUSINESSES LIKE YOURS
ACHIEVE A SIGNIFICANT ROI BY:
– Increasing real-time visibility
into your software business to
deepen leadership insights
– Accessible Financials, Multi-
Organizational, & Services
– Automating complex revenue
recognition and billing
– Maximizing renewal revenue with
proactive and automatic
renewals management
“Intacct has rich functionality, great
– Accelerating financial reporting and it’s tremendously flexible.
Intacct makes us more productive,
consolidations and close
allowing us to strategically redeploy
processes some of our staff – ultimately saving the
company more than $100,000 annually in
– Streamlining the capture of time added salary.”
and expenses incurred by your
CEO
services organization
ASP Global Services
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12. Introducing Intacct’s Core Pillars of
Success
Since we are into financials, let’s do a little math …
Best
Best in Class Superior YOUR
(Cloud) Financials ROI SATISFACTION
Deep Visibility Flexibility & Control
“Get the Edge” "You're in Charge”
Leadership Insights
Maximize the Adapt the Power
Value of Your Data of Our Software
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20. Intacct has the most and fastest growing momentum
of any firm in the financial software industry
• Over 800 net new customers in 2010; 4,000+
in all
− ~20,000 entities using Intacct
− Very high retention and minimal
churn
• 80% year over year growth in CQ4, 2010 in
total new subscriptions
• AICPA preferred financial management
application
• Customer and industry awards and
recognition
• 12 years production proven experience and
continuous innovation in the cloud
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21. Our Clients are Enjoying Tremendous Success
PUBLIC COMPANIES
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