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Tandem HR employs Sage Intacct to take financial management to the cloud
Tandem HR, a leader in human resources (HR) solutions, switched from a combination of QuickBooks and Sage Peachtree to Sage Intacct in order to eliminate manual reconciliation work across 16 entities, implement project accounting best practices, and power multi-dimensional financial visibility. The move to Sage Intacct's best-in-class financial software is saving the company over 500 person-hours of work and $20,000 in reduced salary costs every year due to increased efficiencies in it financial processes.
I recommend Sage Intacct for any business that’s looking for an intuitive, easy-to-use, and affordable solution to manage any kind of financial reporting and accounting—no matter how complex.
Previous Business Challenges
- Growing services company wanted flexible, reliable financial management solution to streamline complex accounting for 16 business entities
- Wanted to automate time-consuming manual processes, gain remote access, improve data accuracy, and eliminate the need to export and consolidate data in Excel
- Needed richer, multi-dimensional reporting for greater insight into labor costs, client profitability, and third-party vendors
Results with Sage Intacct
- Saved 500 person-hours annually by eliminating Excel workarounds; reduced manual errors during monthly closes, labor cost reporting, and revenue recognition
- Freed finance team to more deeply analyze and understand financial results, and work on new strategic initiatives
- Gained ability to easily track, manage, and report on profitability and other financial trends across multiple entities
- Well-informed decision making helped optimize client service levels, staff utilization, and vendor relationships
INDUSTRY
- Services