Press Release

Cargas Adds Intacct Cloud Financial Applications to Its Portfolio

Firm Partners with Intacct to Tap into Growing Market for Cloud-based Applications and Expand into New Vertical Industries

Cargas Systems logo

SAN JOSE, Calif. – Aug. 1, 2012 – Cargas Systems, a leading technology consulting firm based in Lancaster, PA recently announced a partnership with Intacct, a leading provider of cloud financial management and accounting software. As an Intacct Business Partner, Cargas will sell, implement, support, and develop enhancements for Intacct’s award-winning cloud financial applications. Cargas, a Gold Certified Microsoft Dynamics Partner and 2012 President’s Club member, is aligning with Intacct in response to increased demand for cloud computing-based applications from its prospects and clients.

Cargas selected Intacct after carefully reviewing all other cloud financial systems on the market.  Intacct stood out for its best-of-breed cloud financial platform and its impressive core financials and reporting capabilities. Cargas plans to initially focus its Intacct practice on small to midsize businesses with a need for robust accounting applications and a desire to keep demand on internal IT resources at a minimum. Intacct is the first and only cloud financial system in Cargas’ product portfolio applicable across all industries.

“After a careful search of cloud financial applications, we chose Intacct as the best solution for our target markets. Intacct provides easy deployment, rich functionality, and low total cost of ownership that will be beneficial to our prospective clients. We look forward to working with the team at Intacct to provide great solutions for our clients,” said Mike Yeager, President at Cargas Systems. 

Intacct’s quick implementation time and cloud-based architecture will help Cargas customers get up and running quickly. With a powerful set of analytics and reporting tools at their fingertips, Cargas customers will quickly have visibility into financial and operational data to optimize operations and increase the bottom line. The ability to run financial reports by dimensions, such as by customer, by vendor, by project or by fund is particularly important to their clients across all industries.

Cargas is also excited to offer its customers another scalable and flexible solution. As its customers grow and process more transactions in one functional area, Intacct’s multi-ledger architecture mitigates General Ledger performance degradation. For example, in a high-sales volume situation where accounts receivable is always being exercised, users will not see a decrease in performance in general ledger, no matter how many sales transactions are in process. When it comes time to close the books, ledgers can be closed independently allowing the business to operate with little, to no, interruption during the closing period.

“We continue to attract the highest level of firms to the Intacct Business Partner Program,” said Taylor Macdonald, vice president of Channels for Intacct.  “Our offerings are ideally suited for the project-based companies that are Cargas’ bread and butter.  Mike Yeager and his team have extensive background in ERP and financial software, which will be a huge benefit to our mutual clients.  I look forward to working closely with Cargas for many years to come.”

About Cargas Systems

Cargas is an employee-owned software and consulting company specializing in two areas:  accounting, ERP and CRM software for a broad range of industries; and Cargas Energy, software for fuel delivery and HVAC service companies.   Cargas deploys solutions on premise, in the Cloud and on mobile devices.  Named six times as one of the Best Places to Work in PA, Cargas attracts the best talent in order to provide the best software, services and support to its customers. Please visit www.cargas.com for more information.

About Sage Intacct

Sage Intacct is the innovation and customer satisfaction leader in cloud Financial Management. With the powerful combination of Sage and Intacct, the Sage Business Cloud offers the best capabilities of both companies. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by organizations from startups to public companies, Sage Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Sage Intacct to their clients. The Sage Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud.

Sage Intacct is based in San Jose, California and an entity of Sage, the market and technology leader for integrated accounting, payroll and payment systems, supporting the ambition of entrepreneurs and business builders and a FTSE 100 business. For more information on Sage Intacct, please visit www.sageintacct.com or call 877-437-7765. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

Media contacts

Peter Olson

Phone: 408-878-0951
Email: polson [@] intacct.com
Twitter: @PeterOlsonPR

Brittany Benson

Phone: 408-620-3938
Email: bbenson [@] intacct.com
Twitter: @brittanybbenson

LaunchSquad

Phone: 415-625-8555
Email: sageintacct [@] launchsquad.com
Twitter: @LaunchSquad