SOURCE: Intacct

Intacct

June 27, 2011 10:30 ET

AcctTwo Expands Successful Partnership With Intacct

Growing Outsourcing Firm Launches New Consulting Practice With Intacct Cloud Financial Applications

SAN JOSE, CA--(Marketwire - Jun 27, 2011) - Intacct, a leader in cloud financial management and accounting software, is helping to fuel business expansion at AcctTwo, a full-service provider of outsourced back office and finance solutions. AcctTwo joined the Intacct Accountants Program last year to take advantage of the benefits of cloud computing for its business process outsourcing (BPO) practice. With its business growing rapidly and interest in cloud computing at an all-time high, AcctTwo is now launching a new consulting practice focused on Intacct's cloud financial management and accounting software.

Under an expanded sales, marketing and development agreement with Intacct, AcctTwo has joined the Intacct Business Partner Program as a Value Added Reseller (VAR). This two-pronged approach -- offering outsourcing services to companies that don't want the distraction of running an accounting department, as well as offering selection, design and implementation services for companies with established finance departments -- is expected to significantly accelerate the firm's growth and enable it to better serve small and medium-sized businesses.

"Some clients want to outsource the entire finance function, while others are just looking for help with a system upgrade. In either case, our expanded partnership now puts us in position to help them leverage the benefits of Intacct's award-winning cloud accounting and financial management software," said Marcus Wagner, CEO of AcctTwo. "We firmly believe the cloud is the future of business software and we're excited to expand our Intacct offerings."

When evaluating potential partners, AcctTwo thoroughly reviewed the top cloud accounting and financial management systems and their associated partner programs. AcctTwo selected Intacct based on the early success it had seen using Intacct in its BPO practice, the robust partner program offered by Intacct and the sophistication of Intacct's software. The firm has been particularly impressed with how flexible the Intacct system is -- offering them the ability to use their vertical expertise to develop individualized solutions for their clients.

"Intacct's cloud accounting and financial management applications offer a world-class, scalable system that costs a fraction of what companies would pay for a comparable on-premises solution," commented Wagner. "Intacct is a great fit for our vertical industries and we see our expanded partnership fueling even greater growth for our firm."

"We're very excited to extend our partnership with AcctTwo," said Taylor Macdonald, vice president of Channels for Intacct. "The firm's founders have a long and successful track record serving mid-market companies. AcctTwo's business has taken off because Marcus and his team are exceptionally skilled, and we're very confident that AcctTwo's new status as an Intacct VAR will help the firm continue to flourish."

About AcctTwo
AcctTwo is a Houston-based full-service finance and back office outsourcing firm, providing middle-market companies with the personnel, processes, technology and office facilities to perform core transaction processing and management reporting. Offering a wide array of financial services, AcctTwo has the capabilities to serve as a company's entire finance and administrative function or expertly manage a subset of the function, depending on a client's needs. For more information, visit www.accttwo.com.

About Intacct
Intacct is the cloud financial management company. 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 organizations from startups to public companies and are designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct system includes accounting, contract management, revenue management, project and fund accounting, inventory, purchasing, vendor management, financial consolidation 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 or 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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