SAN JOSE, Calif. – March 12, 2018 – Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that Goodway Group used Sage Intacct, a solution available in Sage Business Cloud, to achieve organizational efficiencies that led to 227 percent growth.
Goodway Group is a third-generation, family-owned digital marketing organization that’ started as a printing press, grew to be a print-based direct-mail marketer, and most recently pivoted to a digital marketing company with a significant virtual workforce.
Why Sage Intacct?
During its digital transformation, Goodway Group found it could no longer efficiently run financial processes with its current solution because of labor-intensive processes. Sage Intacct allowed Goodway Group to automate these cumbersome workflows and streamline multiple entity consolidations, which increased visibility and financial health across the organization.
“Before Sage Intacct, we were spending all our time on QuickBooks preparing financials to show historical, descriptive data,” said Mark Meade, Vice President of Finance at Goodway Group. “Now, we’re adding real value to the organization because we’re able to spend more time analyzing and forecasting. We’re looking forward, predicting the future, and even prescribing ways to help Goodway better achieve its goals.”
Since moving to Sage Intacct, Goodway Group realized significant benefits, including:
Streamlined financial processes: By uploading bills directly into Sage Intacct, internal campaign and invoice data are used to automatically allocate costs, saving the company 40 hours of work per month and increasing report accuracy.
Increased employee retention: Using statistical employee data and enhanced sales forecasts from Sage Intacct, Goodway Group regulates staffing levels and fine-tunes the balance between employee workloads and profitability. This practice increases employee retention by avoiding stress associated with seasonal campaigns.
Heightened financial visibility to inform growth decisions: Goodway Group leverages Sage Intacct’s real-time dashboards for monitoring key performance indicators. Armed with this granular data, Goodway Group can spot trends and opportunities, maximize return on investments, and set informed strategic plans.
“We wanted an intuitive cloud-based system that could meet the needs of our virtual, home-based workforce,” noted Mark Meade. “We looked at Oracle NetSuite and Microsoft Dynamics, but chose Sage Intacct because it gave us the core general ledger and job costing capabilities we needed in an open, flexible platform that we could extend with best-in-class add-ons for things like commission management, CRM, payroll, and more.”
For more information on how Goodway Group uses Sage Intacct, view the full case study here.