SOURCE: Intacct

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April 07, 2010 14:39 ET

Intacct Named to Inaugural 'OnDemand 100' List of Fastest Growing Private Companies

List Comprises a Who's Who of the Top Cloud and Software as a Service Companies

SAN JOSE, CA--(Marketwire - April 7, 2010) -  Intacct, the leader in cloud financial management and accounting applications, today announced it has been named by Morgan Stanley, KPMG and AlwaysOn to their first ever "OnDemand 100" list. The companies selected for the "OnDemand 100" represent a wide variety of emerging growth companies across the industry, from cloud application platforms and on-demand software for customer relationship management, to cloud management tools and on-demand software for business management applications. Intacct was joined on this impressive list by several partners and clients, including Appirio, Avectra, BigMachines, Boomi, Cast Iron Systems, Clickability, Cenzic, Marketo, OpSource, Responsys, Service-now.com and Zuora.

The "OnDemand 100" winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team, in collaboration with Morgan Stanley and KPMG, conducted a rigorous three-month selection process to finalize the 2010 list. Intacct was selected to the list based on a set of five key criteria: innovation, market potential, commercialization, stakeholder value and media buzz.

Intacct's inclusion on the AlwaysOn "OnDemand 100" list is just the latest in a string of industry recognition for the company. Other recent accolades include being named a finalist for two 2010 CODiE Awards in the Best Financial Software and Best Business Software categories, being named one of the "20 Coolest Cloud Productivity App Vendors" by CRN, receiving the K2 Quality Award for Best Customer Service, and being named one of 10 Innovative Application Software Companies to Watch by IDC.

"Intacct has established itself as the leading innovator in the cloud financial management applications market -- delivering more than 100 innovative product enhancements in just the past year," said Robert Reid, president and CEO of Intacct. "We are excited to receive this award and see it as further validation of the strong vision and execution of the company. We deliver significant value to our clients and take great pride in achieving high levels of client satisfaction year after year. It is no surprise we continue to grow at a pace that significantly exceeds that of our competitors."

"As the digital information created by businesses continues to explode at astronomical rates, the need to store, manage, analyze, and share this information is becoming extremely challenging," said Tony Perkins, founder and editor of AlwaysOn. "We congratulate this year's 'OnDemand 100' for providing the technology platforms and services needed to manage and leverage this new era of information complexity and overload."

Intacct and the other "OnDemand 100" winners will be honored at the AlwaysOn OnDemand Conference to be held April 19-21, at HP Worldwide Headquarters in Palo Alto, California. A full list of all the "OnDemand 100" winners can be found on the AlwaysOn website at: http://alwayson.goingon.com/permalink/post/34759.

For more information about Intacct's award-winning accounting and financial management applications, please visit http://www.intacct.com/products.

About Intacct
Intacct is the market and technology leader in web-based financial management and accounting applications for businesses and CPA firms. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by thousands of businesses from startups to public companies and are designed to improve company performance and make finance more productive. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via Software as a Service (SaaS).

Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765.

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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