Press Release

Tandem HR Employs Intacct to Take Financial Management to the Cloud

Armanino Helps Human Resources Services Company Gain Better Business Visibility and Financial Process Efficiencies Using Intacct

I recommend Intacct for any business that’s looking for an intuitive, easy-to-use, and affordable solution to manage any kind of financial reporting and accounting – no matter how complex.

SAN JOSE, Calif. – July 30, 2013 – Intacct, a leader in cloud financial management and accounting software, today announced that Tandem HR switched from a combination of QuickBooks and Sage Peachtree to Intacct in order to eliminate manual reconciliation work across sixteen entities, implement project accounting best practices, and power multi-dimensional financial visibility. The move to Intacct’s best-in-class financial software is saving the company over 500 person-hours and $20,000 in reduced salary costs every year due to increased efficiencies in its financial processes. Tandem HR worked with Armanino, a leading independent accounting and business consulting firm, to select and implement Intacct.

In a new client case study published today, Intacct highlights the results Tandem HR achieved by switching to Intacct’s cloud financial applications.

Here is a quick overview of the profile:

Previous Business Challenges Faced by Tandem HR:

  • Growing services company wanted flexible, reliable financial management solution to streamline complex accounting for 16 business entities
  • Wanted to automate time-consuming manual processes, gain remote access, improve data accuracy, and eliminate the need to export and consolidate data in Excel
  • Needed richer, multi-dimensional reporting for greater insight into labor costs, client profitability, and third-party vendors

Results with Intacct:

  • Saved 500 person-hours annually by eliminating Excel workarounds; reduced manual errors during monthly closes, labor cost reporting, and revenue recognition
  • Freed finance team to more deeply analyze and understand financial results, and work on new strategic initiatives
  • Gained ability to easily track, manage, and report on profitability and other financial trends across multiple entities
  • Well-informed decision making helped optimize client service levels, staff utilization, and vendor relationships

Highlighted Comments from Sam Kashy, Director of Business Development at Tandem HR:

“I recommend Intacct for any business that’s looking for an intuitive, easy-to-use, and affordable solution to manage any kind of financial reporting and accounting – no matter how complex.”

“With Intacct, our finance team now has much more time to analyze data, as opposed to worrying about data entry and processing spreadsheets. We can look at trends, manage compliance and auditing, and focus on strategic changes, such as our current initiative to move to a rolling 12-month forecast.”

“Intacct has proven invaluable in giving us a single version of the truth, as opposed to financial data stuck in spreadsheets and different accounting software packages.”

To learn more about how Intacct benefits services-based businesses, please click here.

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 Sage 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.

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Peter Olson

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Brittany Benson

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Email: bbenson [@]
Twitter: @brittanybbenson


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