Intacct Selected as Top Software Innovator by Sand Hill Group

Intacct CEO, Mike Braun, to Present at Software 2008 as One of Fourteen Innovation Showcase Winners

SAN JOSE, Calif. (April 09, 2008) –

Intacct, a leader in on-demand financial management and accounting applications, today announced it was selected by Sand Hill Group for its Innovation Showcase, which spotlights the top innovators in the software industry. Intacct was one of only fourteen companies to earn this prestigious recognition in 2008. Mike Braun, CEO of Intacct, will present in the Innovation Showcase Theater at TechWeb’s Software 2008 Conference in Las Vegas, April 29-30.

Intacct was a winner in the Software as a Service (SaaS) category, which highlights companies that represent the next generation of pioneers in the software industry.

“This year’s Showcase winners illustrate that innovation is alive and well in the software space,” said M.R. Rangaswami, Sand Hill Group co-founder and Software 2008 executive conference director. “Intacct represents one of fourteen novel companies that we believe will play a notable role in the software ecosystem.”

“Before Intacct, financial application software was one of the slowest moving, least innovative sectors of the software industry. Little had changed in years,” said Mike Braun, president and CEO of Intacct. “Software as a Service is not just a better way to deliver financial applications; it is going to fundamentally reshape the way the finance department works by enabling flexibility, visibility and effectiveness not possible with old on-premises software. Our selection to the 2008 Innovation Showcase is a great honor.”

Intacct at Software 2008
Software 2008, in its fifth year, features two days of interactive, insightful discussions, keynotes and networking events where the largest gathering of IT professionals and software industry leaders will discuss how to thrive in a brave new world where the who, what and where of software are all in flux. The theme for this year’s conference is “The Future of Software is Here.”

Anyone interested in learning more about Intacct is encouraged to visit the company’s booth (#3309) at Software 2008 for a live demonstration. Intacct executives will also participate in several conference track sessions, in addition to Mike Braun’s Innovation Showcase presentation:

* Aaron Harris, Intacct’s CTO, will lead a session titled: “SaaS: Overcoming Change Management and Operational Challenges”
* Jerry Jalaba, vice president of channel sales at Intacct, will lead a session titled: “Best Practices for Building and Growing Your Indirect Sales Channel”
* Mike Braun will also participate in a panel session titled: “Platform as a Service and the SaaS Ecosystem: The Next Wave of Enterprise 2.0”

Full details on the Software 2008 Conference are available at www.software2008.com. To learn more about Intacct’s market leading financial management applications, please visit http://www.intacct.com/pr/products.

About Sand Hill Group
Sand Hill Group serves the $600+ billion software, services and solutions market by providing investment and management advice to emerging enterprise technology leaders. Sand Hill also owns Sandhill.com – the premier destination site and resource center for CEOs, VPs, Entrepreneurs, VCs and for members of the software industry ecosystem. Its weekly electronic newsletter is read by thousands of executives. Sand Hill produces the ‘Enterprise’ and ‘Software’ conferences for CEOs and executives in the industry and creates high-impact research reports for its constituents.

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, to manage and share financial, supply chain, and professional services information. 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, project management, payroll, 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 or call 877-437-7765.
Media Contact:
Peter Olson
Tel: 408-878-0951
Email: polson@intacct.com

Source: Intacct

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