Press Release

Plexxi Scales to New Heights with Intacct’s Best-in-Class Cloud Financial Software

Intacct Helps Growing Technology Company Increase Business Insights and Reduce Costs by Streamlining Financial Processes

SAN JOSE, Calif. – June 12, 2014 – Intacct, a leader in cloud financial management and accounting software, today announced that affinity-driven networking provider Plexxi has adopted Intacct’s cloud financial applications to support the company’s next stage of growth. By automating its financial processes with Intacct and integrating the financial system with other best-in-class applications like Salesforce CRM, Plexxi is saving nearly 200 person-hours each month while gaining increased visibility into its customer base and overall business performance.

In a new client case study published today, Intacct highlights the results Plexxi achieved by switching to Intacct’s cloud financial applications. Here is a quick overview of the profile:

Previous Business Challenges Faced by Plexxi:

  • Needed an adaptable, full-featured financial management and accounting system to support continued expansion
  • Wanted to automate time-consuming processes, improve financial controls and reduce reliance on Excel
  • Needed to integrate its financial system with other business applications to eliminate duplicate data entry
  • Required reporting and dashboard capabilities for greater visibility into financial and operational data

Results with Intacct:

  • Eliminated nearly 200 person-hours of tedious, transactional data entry to increase focus on forward-looking projects
  • Realized further time savings and improved customer insights using pre-built integration with other best-in-class applications from and Avalara
  • Improved visibility into financial and operational metrics, enabling better, faster business decisions
  • Achieved cost savings from productivity gains and delayed finance staffing needs

Highlighted Comments from Laurie Riedel, VP of Finance and Administration, Plexxi:

“We went looking for a financial management system that could scale with us from zero to hundreds of millions of dollars in revenue, and Intacct was the clear choice. We evaluated several other options, but we saw in Intacct a best-in-class financial management system that we could grow with over time.”

“Without Intacct’s flexibility to handle all kinds of smart workflows for our procure-to-pay and order-to-cash processes, our two-person finance team never could have handled the volume of transactions we process each month. We have been able to delay additional hiring because of the productivity gains we’ve achieved with Intacct.”

“Intacct really frees us from a lot of the tedious, transactional data entry, so we can focus on more value-added, forward-looking tasks that impact the company as a whole. Across all our financial processes, we estimate that Intacct eliminates about 200 hours of data entry each year”

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 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 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 [@]
Twitter: @Intacct_Peter

Brittany Benson

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

Finn Partners

Phone: 415-905-4000
Email: intacctteam [@]
Twitter: @finnpartners