Rapidly Expanding Oregon Golf Resort Adopts Intacct's Cloud ERP Software to Manage Complex Financials

SAN JOSE, Calif., Jan. 26, 2017 /PRNewswire/ -- Intacct, the customer satisfaction leader in cloud ERP software, today announced that Tetherow, a 700-acre golf resort in central Oregon, graduated from QuickBooks to Intacct's cloud financial applications to streamline global consolidations and increase business agility. By automating several key processes, Tetherow's finance team saves 60 hours each month that it can redirect towards making more informed, timely decisions about the company's continued expansion.

In a new case study published today, Intacct highlights the results Tetherow Resort achieved by switching to Intacct's cloud ERP solution to support its rapid pace of growth. The full Tetherow customer profile is now available for download. Here is a quick overview:

Tetherow's Results with Intacct:

• Shortened consolidations by 10X and halved monthly close
• Saving 24 hours/month on cash analysis
• Avoiding $75,000 in annual headcount costs
• Software pays for itself in less than 3 months

Highlighted comments from Tamara Crawford, CFO at Tetherow:

"We chose Intacct over the other options on the market because the whole staff loved how powerful, yet incredibly user-friendly, its cloud-based solution was. Intacct's flexible multi-entity and global consolidations capabilities provide significant value, as does its ability to integrate with any other applications we deploy to meet our company's own unique technology needs."

"With Intacct, we work smarter instead of harder, even as we grow at a rapid pace. The fact that we've added 7 new entities—each with their own budgeting and financial planning requirements—without needing any additional staff is a true testament to Intacct's robust ERP capabilities."

"The efficiency and visibility we've gained with Intacct allow us to be a trusted resource and much better business partner across the organization—ultimately improving Tetherow's overall customer service. Through all of these benefits, we estimate that our investment in Intacct pays for itself in less than three months each year."

"We have used Intacct to build flash reports and a CEO dashboard where we look at our major entities on a daily basis to see how they're doing in terms of operating income, actuals-to-budget, and other key insights. For example, how many golf rounds have we done today? How many covers have we had in the food and beverage restaurants? And how many people stayed in our hotel last weekend? We love having this big picture view at our fingertips to help forecast the business and make timely decisions."

About Intacct
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, 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.

SOURCE Intacct

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