Press Release

Certus Energy Solutions Achieves Rapid 2-Month Payback and Avoids $400K in Annual Costs with Sage Intacct

BTerrell Group Helps Oilfield Services Provider Use Sage Intacct to Dissect P&L 32 Different Ways to Make Better, Faster Decisions

Rather than waiting weeks for month-end reports, the combination of Sage Intacct and Adaptive Insights gives each manager instant transparency into current profitability for their specific area.

SAN JOSE, Calif. – November 20, 2017 – Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that Certus Energy Solutions, an oil and gas tubular goods company, implemented Sage Intacct to establish financial best practices and meet complex reporting requirements in the midst of tripling transaction volumes. Certus can now easily analyze its key performance indicators for a more granular view into profitability. Additionally, financial processes across the organization are streamlined with best-in-class integrations between Sage Intacct and Adaptive Insights, Uplevl, and more.

A new case study published today highlights the results realized by Certus Energy Solutions after adopting Sage Intacct with the help of BTerrell Group. The full Certus customer profile is now available for download. Here is a quick overview:

Certus Energy Solutions’ Results with Sage Intacct:

  • Gained granular insight into department and location performance 
  • Cut financial close by 1/3 
  • Saved 70+ hours/month on A/P and reporting 
  • Avoided $400,000 in annual headcount costs 
  • Software paid for itself in <2 months 

Highlighted comments from Eric Williamson, CFO at Certus Energy Solutions:

“We couldn’t be happier with our decision to adopt Sage Intacct, because it offers robust reporting capabilities, and the folks at BTerrell have been extremely helpful and knowledgeable. Our small finance team has already gained incredible efficiencies and we appreciate the convenience of Sage Intacct’s easy access to timely financial insight in the cloud.”

“Sage Intacct and Adaptive Insights help us make better, more accurate business decisions by enabling us to drill down to find out where we’re profitable and where we’re not—and make adjustments quickly. For instance, we’re improving budgeting decisions by monitoring spending at a detailed level, and can even pull up future P&L views to analyze the potential impact of mergers or acquisitions we’re considering.”

“Our locations and departments are the lifeblood of our business, and we use Sage Intacct’s dimensions to dissect our P&L 32 different ways—such as by different types of rental equipment or inspection services. We can slice and dice every little expense or revenue item to specific areas and run low-level detailed income statements, or roll it all up to get an overall view into our key performance indicators.”

“Rather than waiting weeks for month-end reports, the combination of Sage Intacct and Adaptive Insights gives each manager instant transparency into current profitability for their specific area, empowering them to make decisions such as adjusting personnel or cutting expenses before it’s too late.”

About Sage

Sage exists to knock down barriers so everyone can thrive, starting with the millions of Small and Mid Sized Businesses served by us, our partners and accountants. Customers trust our finance, HR and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology and experience to tackle digital inequality, economic inequality and the climate crisis.

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