SOURCE: Intacct

Intacct

May 25, 2011 10:30 ET

Consulting Radiologists Moves to Cloud Accounting and Financial Management With Intacct and LarsonAllen

New Case Study Highlights How Growing Healthcare Company Streamlined Financial Processes and Improved Business Visibility

SAN JOSE, CA--(Marketwire - May 25, 2011) - When Consulting Radiologists Ltd. (CRL), a growing healthcare company with multiple business practices serving more than 800,000 patients annually, found itself burdened with an aging, on-premises financial system, it made the bold step to move its financial system to the cloud. In a new case study released today, Intacct and LarsonAllen detail how they have helped CRL streamline its financial processes and improve business visibility by moving from Sage Peachtree to LarsonAllen LIFE -- the LarsonAllen Intacct Financial Environment that includes Intacct's award-winning suite of cloud financial management and accounting software.

The combined LarsonAllen and Intacct system provides CRL with a complete cloud-based financial management system that helps the company effectively manage its multiple businesses. Using the LarsonAllen-Intacct system has enabled CRL to increase the accuracy of its financial data and speed up the consolidation and close processes. In addition to more streamlined processes, CRL is also enjoying the rich reporting features within Intacct to gain greater insight into its overall financial health.

The full case study is available for download at http://us.intacct.com/customers/#radiologist. Here is a quick preview of the profile:

Previous Business Challenges Faced by Consulting Radiologists:

  • Wanted a flexible and full-featured financial management and accounting system to streamline financial processes
  • Needed to more effectively manage multiple business entities
  • Must maintain HIPAA compliance and deploy high levels of security and privacy
  • Wanted a trusted business advisor to help with selection and implementation

Results with Intacct and LarsonAllen:

  • Dramatically transformed consolidations and close processes for its multiple entities to save time and effort
  • Created customized reports to ensure the company has better financial visibility and instant access to the right information at the right time
  • Leveraged LarsonAllen's knowledge and industry expertise to customize Intacct to meet specific organizational needs

Highlighted Comments from Chuck Engmark, CFO of Consulting Radiologists:

"The Intacct-LarsonAllen solution was leaps and bounds ahead of what we had, and I liked that we could use it without buying, installing and maintaining any software."

"Making the move to Intacct was easy, and we're enjoying significantly improved financial processes that have us positioned for our next phase of growth without the need to add headcount on our finance team."

"LarsonAllen has been a great company to work with on modernizing our financial system. I would recommend LarsonAllen and Intacct to any healthcare firm looking to make the move from cumbersome, outdated on-premises financial software to a state-of-the-art cloud-based financial management solution."

To learn more about LarsonAllen LIFE, please visit http://www.larsonallen.com/LIFE/. For more information on how LarsonAllen can help companies in the healthcare industry, please visit www.larsonallen.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.

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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