Press Release

Intacct Garners both Product and Executive Recognition at 2017 IT World Awards

Intacct Contract and Revenue Management Wins Gold for Top New Midsized Product; and Aaron Harris Wins Silver for Midsized CTO of the Year

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Intacct Contract and Revenue Management is the industry’s first automated solution to help companies navigate the complexities created by the upcoming ASC 606 and IFRS 15 revenue recognition guidelines, the most sweeping accounting changes in over a decade.

SAN JOSE, Calif. – June 7, 2017 – Intacct, the innovation and customer satisfaction leader in cloud ERP software, today announced that Network Products Guide, an industry-leading technology research and advisory guide, recognized Intacct with two 2017 IT World Awards. Intacct won the Gold Award in the Top Midsized New Products and Services category for Intacct Contract and Revenue Management. In addition, Intacct chief technology officer, Aaron Harris, won the Silver Award in the Midsize CTO of the Year category.

These industry and peer recognitions from Network Products Guide are top information technology awards honoring achievements and recognitions in every facet of the IT industry. The midsize organization category is defined as companies with 100-499 employees.

Intacct Contract and Revenue Management – Gold Award for Top New Midsize Product

Led by Harris and his team, Intacct launched Intacct Contract and Revenue Management in May 2016. It is the industry’s first automated solution to help companies navigate the complexities created by the upcoming ASC 606 and IFRS 15 revenue recognition guidelines, the most sweeping accounting changes in over a decade.

Intacct Contract and Revenue Management is a new module for Intacct’s cloud ERP solution that fully automates compliance with upcoming accounting changes using a contract-centric architecture that also streamlines the complexities of subscription billing to help companies grow revenues.

Intacct Contract and Revenue Management is designed to make companies audit-ready, while delivering the continuous insights needed to make their financial future predictable. The software enables companies to simultaneously manage revenue using both the current and new accounting guidelines—allowing them to operate under current guidelines and the new standards, simultaneously.

Aaron Harris – Silver Award for Midsize CTO of the Year

In addition to helping launch Intacct Contract and Revenue Management, Aaron Harris is a respected industry thought leader. He regularly contributes to the development of best practices for cloud computing, service oriented architecture, platform as a service, and accounting and finance technology standards.

With more than 20 years of high-tech engineering experience in business applications and software development strategies, Harris is considered a pioneer in cloud computing. He helped Intacct build the world's first cloud architecture delivering on-demand financial applications.

“Aaron’s deep technical expertise and accounting knowledge have enabled him to develop specific solutions for Intacct that will have a lasting and permanent mark on the organization and that of our customers,” said Intacct CEO, Rob Reid. “For more than 15 years, Aaron has consistently proven himself to be an irreplaceable member of the Intacct organization, an unmatched technologist, and a committed innovator. His leadership in developing the Intacct solution will benefit Intacct customers and partners for years to come.”

This recognition continues a string of accolades for Intacct executives, including:

Winners from all over the world will be honored in San Francisco on June 26, 2017, during the 2017 SVUS Red Carpet Awards Ceremony Dinner in San Francisco.

About Sage

Sage (FTSE: SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up, or enterprise. We do this through Sage Business Cloud – the one and only platform that customers will ever need, comprising Accounting, Financials, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking.

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through Sage Foundation. Find out more at www.sage.com/en-us.

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