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

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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