ORLANDO, Fla., Oct. 26, 2016 /PRNewswire/ -- Intact Advantage 2016 – Intacct, the customer satisfaction leader in cloud ERP software, today showcased several new product innovations during the opening keynote of Advantage 2016, the company's annual customer and partner conference taking place this week in Orlando.
In front of a packed house during the morning keynote, Dan Miller, Intacct's VP of Product Management, and Aaron Harris, Intacct's CTO, highlighted new ways Intacct is empowering finance teams to streamline processes and drive growth for their organization. Intacct continues to adapt to the changing needs of fast-growing midsize companies by delivering a modern, easy to use solution that makes finance teams more efficient, productive, and strategic.
New Action User Experience
During the keynote, the Intacct product executives provided a preview of the Intacct Action User Experience, the new user interface for Intacct. Currently in beta testing, the new Action User Experience is intuitive and modern, delivering unique features that save users time and provide insight to more effective business operations.
Intacct named the new UI "action" because it drives efficiency, enabling users to focus on the most important work at hand. Once launched in 2017, it will deliver a personalized experience for each user—allowing them to do things such as "drag-and-drop" key parts of the navigation to make it work the way each individual user uses the system. In addition, the UI offers new application overviews and a new reporting center bringing together Intacct's deep insight capabilities all in one place.
Here are some of the other highlighted items from the keynote:
Intacct Spend Management
Value can leak out of an organization any number of ways—from procurement process inefficiencies to contract and budget compliance breakdowns. The steady drip through these cracks can add up to huge losses for midsized companies focused on hitting their profitability targets, and lack of fund and grant compliance for nonprofit organizations.
Intacct Spend Management provides both buyers and finance team members with the automated and granular controls that are required to efficiently keep spending within budget. Nonprofits can also ensure that funds are used to the fullest in order to achieve the greatest impact, while staying in budget compliance and maintaining accountability.
To learn more, please see today's press release on Intacct Spend Management.
New Project-Centric ERP Capabilities
Growing services firms face the challenge of delivering their services on-time and on-budget across an expanding portfolio of projects. To enable these companies to sustain and even accelerate profitable growth, Intacct today announced new project-centric ERP functionality.
These new project and resource management features will enable companies to ensure that they best utilize their resources across projects, better track project costs, and adapt billing to customer needs as they scale their businesses. In addition, the new capabilities deliver deeper automation to save companies time, as well as richer insights to help firms stay agile as they deliver more projects and use more resources.
To learn more, please see today's press release on the new project-centric ERP capabilities.
Contract and Revenue Management
With sweeping new accounting regulations from ASC 606 looming, Intacct also shared updates on recently launched products around contract billing and contract revenue management. In May, Intacct launched the industry's first automated solution to help companies navigate the complexities created by ASC 606. Earlier this month, Intacct also launched Intacct Contract Billing for CRM, which enables companies to unify billing, reporting, and ASC 606-compliant accounting for organizations using Salesforce.
Initial customer reaction to these new Intacct applications has been strong. Details on some of the customer feedback is available in a separate customer announcement released today.
"Every R&D dollar at Intacct is spent on providing innovative product functionality that drives value to our customers," said Dan Miller. "Our cloud ERP software delivers a depth of financial capabilities you won't find in a software suite. It's also more flexible—adapting easily to the way organizations need and want to do business. At Intacct Advantage 2016, we are showcasing the new ways Intacct is making finance teams more insightful and productive."
Intacct is the customer satisfaction leader in cloud ERP software. Bringing cloud computing to finance and accounting, Intacct's innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by more than 11,000 organizations from startups to public companies, Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Intacct to their clients. The Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, subscription billing, contract management, revenue recognition, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered over the Internet via cloud computing.
Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765. Connect with Intacct on LinkedIn, Facebook, Twitter, Instagram, Google+, and YouTube.
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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