Intacct Debuts QuickBooks® Graduation Promotion

Includes new Buy with ConfidenceSM Program

San Jose, CA (May 23, 2007) –

Intacct Corporation, a leader in on-demand financial applications recognized by Inc. Magazine as “Best for Replacing QuickBooks”, today announced a promotion to make it easier than ever for growing companies to “graduate” from QuickBooks to Intacct.

Throughout the spring 2007 graduation season ending June 30, 2007, companies choosing Intacct to replace QuickBooks will receive special pricing and services that include:

* Three free months of subscription fees
* Free conversion consultation session
* Free end-user training
* Intacct’s market leading Buy with ConfidenceSM customer success program

Buy with ConfidenceSM makes service level commitments to customers that exceed all known customer satisfaction programs in the software industry. Other on-demand software companies set targets for system availability, but Intacct is the first to address the many facets of customer success and back their commitments with financial guarantees. Buy with ConfidenceSM includes service level commitments on system availability, product and professional services quality, customer support response time, communication of future plans, and billing accuracy. The program is backed with payments to customers if Intacct misses its commitments. Intacct also announced that each of its employees will have a portion of their compensation dependent on meeting customer satisfaction goals. Details of the Buy with Confidence program are at www.intacct.com/Confidence.

Mike Braun, CEO of Intacct commented, “Graduation is a key inflection point in the lives of individuals. As parents we do everything possible to assure the success of our graduates. At Intacct, we feel the same way about the many companies “graduating” from QuickBooks each year. Our new promotion and programs are focused on successfully launching these companies to an exciting future. At Intacct, each employee is compensated on customer satisfaction. It’s our passion.”

“Programs like these illustrate why we selected Intacct. The vast majority of their customers have moved up from QuickBooks, so they understand that upgrading is more than just changing software,” said Ron Kresha, CFO of Atomic Learning. “It’s an opportunity to reshape business processes and gain the efficiencies needed to continue our growth. The expertise and dedication of Intacct’s team helped us see immediate business benefits from the transition.”

“Tens of thousands of companies ‘graduate’ from QuickBooks each year,” said Michael Mankowski, senior vice president at Tier 1 Research, a division of The 451 Group. “The reasons are pretty similar. Anyone can make changes to QuickBooks files, but it’s difficult to view an auditable trail of these changes on multiple transactions. Information input and reporting needs of a growing company require many more people to use the system than QuickBooks can accommodate and growing businesses tend to have more sophisticated accounting policies and needs. The Software and Information Industry Association members voted their 2007 CODiE award for ‘Best Financial Software Solution’ to Intacct for good reason.”

About Intacct Corporation
Intacct provides on-demand financial management system applications for more than 2,000 small and midsize businesses. Thousands of users at companies ranging in size from startup to public companies pay a monthly subscription fee to access the first SAS 70 Type II certified financial, supply chain, business intelligence and project management suite on the Web. Intacct’s financial management system supports all your business units, each with its own account structure, business processes, currencies, taxes and regulatory requirements and provides unparalleled top-down visibility and control. As a company grows, SAS70 Type II certification and documented processes also support Sarbanes-Oxley compliance for public companies. The ability to add more users, applications and business units as you grow makes Intacct the last financial management suite you’ll ever need. Headquartered in San Jose, California, with operations in Bangalore, India, Intacct is a privately held company funded by Deloitte & Touche, Emergence Capital Partners, Goldman Sachs, Hummer Winblad Venture Partners and JK&B Capital.

For more information visit www.intacct.com or call 877-437-7765.
Media Contact:
Kevin Wolf
Tool Guy PR
Tel: 650-327-1641
Email: Kevin@toolguypr.com

Source: Intacct

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