LOS GATOS, Calif., Feb. 28 /PRNewswire/ -- Intacct Corporation, the
leading provider of professional-strength, web-based accounting and related
online business services, today announced Comma Separated Value (CSV) upload
capability for users of mid-market accounting programs. Now, with Intacct's
Click & Grow(TM) utility, all existing accounts, transactions, employee,
vendor, and customer data, as well as other vital business information, can be
automatically transferred into a secure Intacct database. Users of any
accounting software program with export functions can migrate to the Intacct
"Businesses have long realized the unprecedented efficiencies provided by
integrated web-services. But, until now, migrating data from traditional
accounting programs has been a time-consuming and costly process," said
David C. Thomas, CEO of Intacct Corporation. "Intacct's data upload
capabilities allow small and mid-sized businesses instant access to our
full-featured, web-based accounting which provides general ledger, accounts
payable, accounts receivable, and human resource functions. "
Checklist Simplifies Migration
Intacct eases migration to its system by providing clients with a Company
Set Up Checklist. The 22-step checklist enables businesses to systematically
set up their company within one screen. Each step--from the creation of a
chart of accounts and departments to uploading general ledger transactions to
configuring accounts receivable -- is thoroughly documented and easy to
follow. Additional account information can be added at any time by simply
returning to the checklist.
All relevant checklist steps are import enabled. The client merely points
and clicks, then Intacct's system retrieves the data from the user's
computer. Strict security protocols are followed, and clients control which
files Intacct may access.
Instant feedback provides safeguards
Intacct designed several safeguards into the upload service. Instant
feedback on imported data makes import failures easier to resolve. Should
data be uploaded in an incorrect format, Intacct's system saves the failed
data rows in a separate error file, which is then available for download.
Changes can be made and the same file reloaded.
"Most uploads provide users with an error log but then require you to
begin the upload process all over again. The time savings with Intacct's
process is dramatic," said Thomas.
About Intacct Corporation www.intacct.com
Intacct Corporation is the first company to provide professional-strength,
web-based accounting and related online business services. Intacct is
designed for companies that need more than an entry-level PC-based
accounting package but want an alternative to complex, IT-intensive
Offered on a monthly subscription basis, the Intacct service can be
accessed via any browser.
Intacct was founded in June 1999 by accounting software pioneer
David C. Thomas, developer of one of the first PC-based accounting systems.
Intacct is funded by venture capital firms Hummer Winblad Venture Partners,
JK&B Capital, and Caltos Capital LLC, as well as by Goldman, Sachs & Co,
Deloitte & Touche LLP, and Matsushita Electric Industrial Co. Ltd.
SOURCE Intacct Corporation