Press Release

RizePoint Selects Sage Intacct and Achieves 5-Month Payback

Armanino LLP Helps RizePoint Cut Monthly Close in Half and Drive Resource Efficiency

Sage Intacct logo
While we considered both Sage Intacct and NetSuite at the time, we found that the flexibility of Sage Intacct’s revenue recognition capabilities and its ability to integrate with other applications across our business were significantly better than the alternatives.

SAN JOSE, Calif. – Sept. 20, 2017 – Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that RizePoint, the leading provider of quality management software, chose Sage Intacct for its revenue recognition capabilities and its ability to integrate with other applications across the business were significantly better than the alternatives. The switch from their current accounting software delivered a five month ROI, reducing monthly close by more than half while avoiding $120,000 in annual headcount costs.

Armanino LLP, a Sage Intacct partner, helped RizePoint lay a solid foundation for continued growth by streamlining revenue recognition workflows and deploying Sage Intacct’s Salesforce CRM connector and Expensify add-on. With Sage Intacct’s personalized dashboards, the company’s leaders gained in-depth, on-demand financial insight—increasing accountability and tightening departmental budget-to-actuals variance from four to one percent.

In a new case study published today, Sage Intacct highlights the results RizePoint achieved by switching to Sage Intacct’s financial management solution. The full customer profile is now available for download here.

RizePoint’s Results with Sage Intacct:

  • Shortened monthly close by more than half
  • On-demand insight increased budget accuracy
  • Avoided $120,000 in annual headcount costs
  • Software paid for itself in <5 months based on business value

 

Highlighted comments from Chris Heaton, Director of Finance, RizePoint:

 

“We went in search of a cloud-based solution that could meet our needs for future expansion. While we considered both Sage Intacct and NetSuite at the time, we found that the flexibility of Sage Intacct’s revenue recognition capabilities and its ability to integrate with other applications across our business were significantly better than the alternatives.”

“Sage Intacct greatly improved financial visibility for our executive team. Now, managers across the business can always see their month-to-date or quarter-to-date budget-to-actuals, spend, personnel expenses, travel expenses, and more. Before we couldn't really share reports in our previous system without preparing our financials in Excel, whereas with Sage Intacct, our execs can just login and look up whatever they need, whenever they need it.”

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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