Press Release

Sage Honors Exemplary Customers with Success Awards

Companies Recognized for Outstanding Use of Sage Intacct to Support Business Growth

We view each customer as a long-term, strategic partnership, and are committed to delivering the cloud financial management solutions that not only address their needs today but support long term business growth.

NASHVILLE – Advantage 2018 – Oct. 25, 2018 – Sage (FTSE: SGE), the market leader in cloud business management solutions, today announced the winners of the 2018 Sage Intacct Customer Success Awards and the Sage Intacct Customer Hero Awards. Winners were announced during a keynote session at Sage Intacct Advantage 2018, taking place this week in Nashville.

The Sage Intacct Customer Success Awards recognize organizations that have used Sage Intacct to dramatically improve both their business and financial operations, as well as their bottom lines. For the first time, Sage Intacct honored the superior accomplishments of a select few Sage Intacct customers with Customer Hero Awards. The four organizations honored with the 2018 Customer Hero Award include: The Atlanta Convention & Visitors Bureau, RapidRatings, Room to Read, and Trian Fund Management.

“This year, Sage Intacct received a record number of submissions for the Customer Hero Awards and Customer Success Awards – a true testament to our growing customer base and how excited these organizations are to share their success stories within the industry,” said Rob Reid, EVP and Managing Director of Sage Intacct. “We view each customer as a long-term, strategic partnership, and are committed to delivering the cloud financial management solutions that not only address their needs today but support long term business growth.”

Thirty additional Sage Intacct customers were recognized with a Customer Success Award. Here is a closer look at the results achieved by this year’s four Customer Hero Award winners:

Atlanta Convention & Visitors Bureau

Established in 1913, Atlanta Convention & Visitors Bureau (ACVB) is the official destination marketing organization for the city, and welcomed 53 million visitors to Atlanta in 2017, resulting in $15 billion in visitor spending. By leveraging Sage Intacct as the centerpiece of its financial hub, ACVB improved data accuracy, gained multi-dimensional insight for better decision-making, and achieved dramatic time savings through streamlined processes. To learn more about how ACVB benefited with the Sage Intacct, go here.

RapidRatings

RapidRatings is the global SaaS company transforming the way the world’s leading companies manage enterprise and financial risk. RapidRatings provides the most sophisticated analysis of the financial health of public and private companies in the world.

Since implementing Sage Intacct, the organization has been able to significantly streamline core accounting workflows, improve subscription invoice creation, and benefit from strategic analysis and greater insights into SaaS contracts and predicted cash flow, which ultimately helps RapidRatings know when to accelerate its product roadmap. To learn more, go here.

Room to Read

Room to Read is transforming the lives of millions of children around the world through its focus on literacy and gender equality in education. Founded in 2000 on the belief that World Change Starts with Educated Children®, its innovative model focuses on deep, systemic change within schools in low-income communities during two time periods that are most critical in a child’s schooling: early primary school for literacy acquisition and secondary school for girls’ education.

Room to Read has benefitted more than 16.6 million children, expanded its programs to 16 countries, and reached $50 million in annual contributions. To support this growth, the organization deployed Sage Intacct and has improved productivity by 25 percent for its worldwide field operations and global finance teams and seen a revenue increase of 15 percent or $6.4M. This translates to resources to reach an additional 100,000 children through their Literacy Program and 21,000 girls through their Girls’ Education Program. To learn more, go here.

Trian Fund Management

Founded in 2005, Trian Fund Management, L.P. is a multi-billion-dollar investment management firm that combines concentrated public equity ownership with operational expertise.

As the business grew, Trian began to struggle with its legacy on-premises accounting application that involved manual financial management processes.

Today, Trian uses Sage Intacct and is getting new levels of intelligence out of their data in real-time. Trian has more than 60 investment entities, with multiple partners and various investment structures. The company extensively uses the multi-entity functionality, allocation module, and dimensions capability of Sage Intacct to effectively map these structures and provide dashboard analytics capabilities across the organization for more-informed decisions.

To learn more about how Sage Intacct builds customers for life, please visit: https://www.sageintacct.com/customer-for-life

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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Twitter: @brittanybbenson

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