Hirease Moves to Intacct for Flexible, Timely Financial Reporting
HR Software & Services Company Increases Efficiencies and Speeds Insights with Intacct's Best-in-Class Cloud Accounting Software
SAN JOSE, Calif., Sept. 12, 2013 /PRNewswire/ -- Intacct, a leader in cloud financial management and accounting software, today announced that Hirease has migrated from QuickBooks to Intacct's cloud-based financial system to streamline processes and improve financial analytics. With Intacct Flex Reporting, Hirease is now able to easily slice and dice its financial information and achieve real-time visibility into its most critical financial and business metrics.
A growing accredited pre-employment background screening services and HR software solutions provider, Hirease recently was awarded its 5th consecutive Inc. 5000 designation, as well as national certification as a Women's Business Enterprise by the Greater Women's Business Council. Having reached a size – both in revenues and transaction volume – which necessitated better processes and controls in order to track and report on its current growth and new initiatives, Hirease recognized that QuickBooks simply wasn't built to provide the powerful reporting, security, or audit trail that it now required.
"Once it was clear that we had outgrown QuickBooks, we evaluated several alternative solutions and selected Intacct's best-in-class cloud financial application over both Microsoft Dynamics GP and NetSuite," said Steve Morris, CFO at Hirease. "We found that Intacct's simplified general ledger chart of accounts structure and its very unique reporting tools best met our needs."
Hirease quickly began to benefit from Intacct's comprehensive automation and improved, timelier reporting and business analytics capabilities. It leverages Intacct's flex-dimensional general ledger to monitor and manage key metrics by employee, customer, item, location, and department, as well as certain marketing attributes, without having to write additional business logic into reports.
"Intacct's financial report writer lets us tailor reports as we like and analyze critical data by business driver, even giving us the flexibility to drill down to an individual employee if necessary," commented Morris. "I can easily track up-to-date comparative financial data and historical ratios at any time, from wherever I am. And Intacct's role-based dashboards allow me to easily configure what is shown and control who sees what financial information, resulting in a much more in depth and streamlined reporting process across departments."
Hirease has also streamlined processes and can do more with the same staff using Intacct. For example, the finance team is now able to more easily close the books each month, with the flexibility to open and close a period when needed. "We love Intacct's ability to set security preference by task, which has made a big difference in helping us manage separation of duties and control data entry accuracy as we grow," shared Morris.
To learn more about the ways Intacct helps companies that have outgrown QuickBooks, please visit http://us.intacct.com/your-business/your-software/quickbooks.
Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct's accounting software, in use by more than 6,000 organizations from startups to public companies, is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct system includes applications for accounting, contract management, revenue recognition, project accounting, fund accounting, inventory management, purchasing management, vendor management, financial consolidation, and financial reporting, all delivered over the Internet via cloud computing.
Intacct and the Intacct logo are trademarks of Intacct Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.
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