Intacct Named to Accounting Today’s Top 100 Products of 2008
Intacct’s On-Demand Financial Management System Chosen as a Top Solution in the High-End and Mid-Market Accounting Category
SAN JOSE, Calif. (December 16, 2008) –
Intacct, a leader in on-demand financial management and accounting applications, today announced that Accounting Today has named Intacct to its list of the Top 100 Products for 2008. The annual list, started 16 years ago, was created to recognize what Accounting Today considers to be the elite software products available on the market. Intacct was recognized in the “High-End and Mid-Market Accounting” category.
“We are delighted to be recognized by Accounting Today in their 2008 Top 100 Products list. This is further validation that Intacct is the leading on-demand financial management and accounting system on the market,” said Daniel Druker, senior vice president of marketing at Intacct. “Intacct is an ideal solution for small and mid-sized businesses that have outgrown QuickBooks® or want to enjoy a significantly lower total cost of ownership for their financial applications compared to old on-premises software from companies like Microsoft, Sage, Deltek or Softrax.”
This award provides yet more evidence that SaaS applications are coming of age. Intacct is now regularly winning awards in areas previously dominated by software products that have been in the market for 20 years and longer. Earlier this year, Intacct received a perfect 5-star score from CPA Technology Advisors in their comparative review of mid-range accounting software that also included on-premises solutions like Microsoft Dynamics GP, Sage MAS 90/200, and QuickBooks Enterprise.
Award winning applications combined with the customer friendly low-cost, low-risk Software as a Service (SaaS) delivery model are translating into high growth rates for on-demand solutions – even in the face of a recession. Intacct achieved explosive growth in its 2008 fiscal year, with new business increasing by 130 percent.
* The Accounting Today Top 100 Products award adds to Intacct’s recent recognition in 2008, including:
* A perfect 5-star review from CPA Technology Advisors
* Intacct CEO Mike Braun named to Accounting Today’s list of the 100 Most Influential People in Accounting
* JMP Securities named Intacct to its Hot 100 list of the top private software companies
* Sand Hill Group recognized Intacct as one of 2008’s top innovators in the software industry.
The Accounting Today editorial staff, as well as contributing editors in the technology space, chose their top products based on several criteria, including frequency of use, practitioner levels of acceptance, visibility, support for end users and market demand. To view the complete list of Top 100 Products, please visit http://www.webcpa.com/article.cfm?articleid=30070.
About Intacct
Intacct is a market and technology leader in on-demand financial management and accounting applications. The company’s award-winning solutions are used by thousands of businesses, from startups to public companies, and are designed to improve company performance and make finance more productive. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Web via Software as a Service. Intacct is the only on-demand financial management solution seamlessly integrated with salesforce.com. As a company grows, Intacct’s deep and mature applications, SAS 70 Type II certification, and documented processes support Sarbanes-Oxley compliance for public enterprises.
Intacct is headquartered in San Jose, California, with operations in Bangalore, India. For more information, please visit www.intacct.com.
Media Contact:
Peter Olson
Tel: 408-878-0951
Email: polson@intacct.com
Source: Intacct