Press Release

Intacct’s Flexible Cloud ERP Fuels Business Agility at Energy Water Solutions

AcctTwo Helps Water Management Firm Scale with Market Fluctuations via Automated Workflows and Timely Business Visibility

From the very beginning, we wanted to conserve as much capital as possible for building our water recycling equipment, as opposed to spending it on operating expenses like establishing a data center with server infrastructure, or hiring a bunch of IT and finance staff. At the same time, we knew that we’d be raising a lot of money quickly, so we needed experienced finance resources and a scalable, turnkey ERP solution that could grow with us over the long term.

SAN JOSE, Calif. – July 5, 2017 – Intacct, the customer satisfaction leader in cloud ERP software, today announced that Energy Water Solutions (EWS), a total water management firm serving oil and gas producers, implemented Intacct’s robust ERP solution to power key workflows, and outsourced its finance operations to Intacct partner AcctTwo. Intacct provides real-time visibility into key performance indicators that drive profitability, and powers modern, efficient financial processes that seamlessly scale up or down with EWS’ business as needed.

In a new case study published today, Intacct highlights the results EWS achieved by adopting Intacct’s cloud ERP solution. The full customer profile is now available for download: https://rc.sageintacct.com/customer-case-studies/energy-water-solutions. Here is a quick overview:

  • Energy Water Solutions’ Results with Intacct:
  • Easily scaled business processes with minimal staff
  • Gained valuable budget and profitability insight for decision-making
  • Software paid for itself in <7 months

Highlighted comments from Bill Weathersby, chairman and CEO of Energy Water Solutions:

“From the very beginning, we wanted to conserve as much capital as possible for building our water recycling equipment, as opposed to spending it on operating expenses like establishing a data center with server infrastructure, or hiring a bunch of IT and finance staff. At the same time, we knew that we’d be raising a lot of money quickly, so we needed experienced finance resources and a scalable, turnkey ERP solution that could grow with us over the long term. The combination of our trusted finance outsourcing partner, AcctTwo, and Intacct’s flexible, cloud-based ERP software has proven to be a perfect fit for our company.”

“The best thing about working with Intacct and AcctTwo is that they are laser-focused on their core competencies of delivering the very best financial management solutions. Because of this, we can rest assured that EWS’ accounting is well taken care of, and redirect time and money towards optimizing the equipment that drives revenue for our business.”

“We actually started with the endgame in mind and process-mapped backwards to prepare for growth. Now, Intacct and AcctTwo are always a step head of us, and we've been able to contract and expand with no growing pains. All of our finance processes just work, because we’re basically running our business on the Intacct platform. It manages the meat and potatoes of our accounting with minimal manual work at a very reasonable cost.”

“With Intacct, we’re freed up to proactively manage our capital expenditures – something that’s especially important for our maintenance department, which relies on expensive heavy equipment. We can see at any moment in time whether our operators are spending over their forecasted budget, and can make strategic adjustments or negotiate smarter to manage our cost of capital so there are no surprises.”

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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