Preparing to Scale with Robust Cloud Financial Management Software

Skytap, an innovative public cloud provider, chose Sage Intacct over FinancialForce and NetSuite to help sustain its rapid growth trajectory and prepare for global expansion. By adopting Sage Intacct, Skytap gained more timely, accurate data for important business decision-making, dramatically shortened its monthly close, and streamlined its financial processes.

I knew Sage Intacct would work best for us, because it had made my previous job significantly easier from the first day we rolled it out, to the day we were acquired and had to integrate our data into the parent company’s financials. We’ll be expanding globally in the future, and it was a no brainer to us that Sage Intacct's audit-ready, multi-entity, multi-currency consolidation capabilities could meet our current needs and still be flexible enough for more complex transactions and issues that will arise as our company grows.
Frank Colich
CFO
Skytap

Previous business challenges

  • Manual data entry
  • Cumbersom quarterly budget exercises
  • Excel-based processes
  • Global expansion

Results with Sage Intacct

  • Gained visibility for faster, better decision-making
  • Shortened monthly close by 17 days
  • Avoided $300,000 in annual headcount costs
  • Software paid for itself in less than 3 months
INDUSTRY
  • Services
  • Software & SaaS