Make more informed business decisions with comprehensive software revenue recognition management that provides real-time visibility into business performance. As a Software company, Intacct understands the issues your finance organization grapples with every day—from complex, evolving software revenue recognition guidelines and a disconnected quote-to-cash process, to complex subscription billing and renewals management challenges. That’s why hundreds of software, SaaS, and cloud computing companies trust Intacct for their financial management system.
Increase finance department productivity by 25% using the only multi-tenant, multi-ledger financial management solution available in the cloud today.
- Intacct offers unprecedented scalability, flexibility, and sophistication to grow with your financial management needs for years to come. Take advantage of major ERP system financial management functionality, built from the ground up to address the unique challenges of software companies of all sizes and complexities—at a fraction of the cost.Top Reasons Software and SaaS Companies Choose Intacct
- Streamline your quote-to-cash process with seamless integration to Salesforce.
Ramp up interdepartmental alignment and collaboration, boost customer satisfaction, and slash order processing times from hours to just minutes: use Salesforce for lead, opportunity, quote, and front-office customer management, and let Intacct handle the back office financial management and accounting—reducing the time your sales operations team spends on administrative tasks by more than 34%.
- Support complex revenue arrangements with multiple deliverables.
Streamline revenue recognition accounting for complex contracts with multiple, bundled elements and varying delivery schedules with robust support for Vendor Specific Objective Evidence (VSOE), Third Party Evidence (TPE), and Estimated Selling Price (ESP). Automate revenue allocation across each individual element within an arrangement with flexible revenue recognition templates that enable you to easily defer the timing of recognition based on fulfillment status.
- Maximize renewal revenue.
Gain complete control over your renewals process with powerful revenue management capabilities. Reduce revenue leakage, maximize billable hours, and improve pipeline visibility with proactive and automatic renewal management and activity scheduling. Make it easy for your sales team to use standard processes, methodologies, and tools to complete renewal orders, up-sells, or cross-sells by automatically triggering renewal opportunities in Salesforce.
- Adapt and comply with evolving revenue recognition guidelines.
Flexibly define specific revenue recognition templates and rules—whether you sell physical products, perpetual software licenses, subscriptions, or other types of services—with Intacct Revenue Management. Reduce audit costs and easily comply with evolving standards and regulations from the AICPA, SEC, and EITF. Track services costs and billings associated with professional services engagements with full integration to Intacct Project Accounting.
- Seamlessly connect project information with robust financial management.
Give your organization a single source of truth throughout the service delivery lifecycle by connecting project information and financial management with Intacct Project Accounting. Proactively manage people, project tasks, and costs with easy-to-use project management automation, reducing revenue leakage, maximizing billable hours, and providing better visibility into project revenue, costs, and margins.
- Accelerate financial consolidation and close processes.
Intacct accounting for software companies provides market-leading financial consolidation capabilities for companies with multiple entities and those who transact in multiple currencies to consolidate their financials in real time, enabling daily closes. Automate and control the financial consolidation and close processes, while also improving visibility with real-time intelligence to drive better business decision making.
“lntacct’s advanced revenue management functionality allows us to more easily and accurately recognize and forecast revenues. All this has freed up time to allow the ﬁnance team to analyze data like we never could before.”
— SaaS Company