SAN JOSE, Calif., Jan. 30, 2017 /PRNewswire/ -- Intacct, the customer satisfaction leader in cloud ERP software, today announced that Pillow Homes, a technology-driven hospitality company for short-term rentals, implemented Intacct with the help of its outsourced accounting provider, Unalp CPA Group. By establishing financial best practices, Pillow Homes streamlined manual workflows, shortened its monthly financial close, and ensured deep financial visibility for more informed, timely decision-making.
In a new case study published today, Intacct highlights the results Pillow Homes achieved by switching to Intacct's cloud ERP applications to support its growth. The full customer profile is available for download at: https://online.intacct.com/rs/intacct/images/cs_pillow.pdf. Here is a quick overview:
Pillow Homes' Results with Intacct:
- Shortened monthly close by up to 20 days
- Saved 40 hours/month of manual expense processing
- Gained visibility for more informed, timely decisions
Highlighted comments from Christian Eder, head of finance at Pillow Homes:
"As an early stage VC-backed subscription business, we needed a financial management system that could help us scale rapidly, while providing transparency and real-time insight into metrics like our operating expenses and gross margins. We found just the right solution for our needs in Intacct's robust, cloud-based software. Our accounting partner, Unalp CPA Group, works with us to monitor key trends and implement accounting best practices that help us get the very most out of Intacct."
"Given our early stage, we might be able to wing it and get quick and dirty financials together on our own with basic accounting software, like QuickBooks, if we had to. However, we wanted to set up our business thoughtfully, so that our accounting processes would not come back and bite us later as we grew."
"The automation and visibility provided by Intacct help us make consistent, measurable improvements in efficiency, revenue, and risk reduction. This impact, along with Unalp's certified accounting services, deliver incredible value and have allowed us to postpone costly hiring for internal accounting roles."
"In today's tight funding environment, it's a huge win to be able to show investors more than just our topline revenue growth numbers. Thanks to Intacct, we can look at all of our margins, profitability, and cost drivers in real-time across different departments, business divisions, and even individual cities. We have a detailed view of our P&L that would be difficult to obtain in most other systems."
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 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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SOURCE Intacct Corporation