SAN JOSE, Calif. – August 12, 2015 – Intacct, a leading provider of best-in-class cloud ERP software, and BT Partners, a full service technology consulting firm serving the SMB market, today announced that Snapsheet implemented Intacct in order to gain increased flexibility as the company accelerated its growth. A pioneer of mobile applications for insurance carriers, Snapsheet worked with BT Partners to leverage Intacct to automate a cumbersome invoice processes and increase visibility into revenues and profitability across multiple dimensions of its business. As a result, Snapsheet’s finance team has increased productivity and shifted its focus to analyzing the company’s financial results and other strategic projects.
In a new case study published today, Intacct and BT Partners highlight the results Snapsheet achieved by switching to Intacct’s cloud ERP software. The full case study is available for download at https://rc.sageintacct.com/customer-success-stories/snapsheet. Here is a quick overview of the profile:
Previous Business Challenges Faced by Snapsheet:
- Complex billing rules and invoicing processes
- Lack of accounting integration with claims processing system
- Little insight into accounts receivables, gross margins, or product line profitability
Results with Intacct:
- Avoided $140,000 in annual headcount costs and scaled easily with 600 percent revenue growth
- Saving 30 hours per week managing accounts receivables
- Gained a full view of business performance and improved decision-making
Highlighted Comments from Doug Polignano, Snapsheet’s controller:
“It was an easy decision to go with Intacct over NetSuite, because Intacct gave us significantly more flexibility to adapt the system to our business’ unique requirements, which in turn has created confidence that our financial system will scale with us as we expand.”
“If we were still on QuickBooks, we would’ve needed at least 2 more accountants to keep up—at a cost of $140,000 annually. But with Intacct, I know our lean team can easily handle another 600% in revenue growth.”
“Since going live with Intacct, everyone is more productive. I’ve been able to shift more of my daily responsibilities to our senior accountant, and spend more of my time focused on strategic tasks. We have found the software to be very intuitive—especially as compared to the steep learning curves I’ve seen for older systems like Microsoft Dynamics.