SOURCE: QuickArrow

September 12, 2008 10:41 ET

Intacct and QuickArrow Announce Cooperative Development and Marketing Agreement

Relationship Unites Leaders in Software as a Service Financial Management and Professional Services Automation

SAN JOSE, CA and AUSTIN, TX--(Marketwire - September 12, 2008) - Intacct, a leader in on-demand financial management and accounting applications, and QuickArrow, a leader in SaaS Services Automation, today announced they have partnered to bridge the gap between service delivery and finance by seamlessly integrating their products. The result is a combined solution offering best-of-breed project management, resource management, financial management and accounting, to help services teams increase agility and profitability while delivering the highest level of quality to clients.

In addition to integrating their market leading Software as a Service (SaaS) applications, the two companies will leverage their joint networks to distribute the combined solution throughout the services industry and also to additional industries in which services success is essential to profitability and growth.

Kevin Bury, QuickArrow CEO, commented, "The days of the application software suite are behind us. Suites evolved in the 90s as a trade off between best-of-breed functionality and a need to reduce integration complexity." He added, "In a SaaS world powered by Web Services, you no longer have to choose between the two -- so we're thrilled to be working with Intacct to offer the market the best of both worlds."

"Intacct is delighted to enter into this partnership with QuickArrow, the best-of-breed leader in SaaS Services Automation," said Mike Braun, president and CEO of Intacct. "This alliance is part of our ongoing vision to create an open, on-demand ecosystem that provides Intacct customers with the choice to deploy leading SaaS applications like QuickArrow -- and where the vendors, rather than our clients, are responsible for ensuring successful integrations."

The new integration between Intacct and QuickArrow is called QuickConnectIT for Intacct and is available immediately. With this announcement, QuickArrow joins Intacct's open, on-demand partner network that includes SaaS and open-source leaders like Adaptive Planning, ADP, Avalara, Avankia, Boomi, CompuPay, IBM, Ingres, LucidEra, OpenAir, Pervasive, salesforce.com and Zuora.

About Intacct

Intacct is a market and technology leader in on-demand financial management and accounting applications. The company's award-winning solutions are used by thousands of businesses, from startups to public companies, and are designed to improve company performance and make finance more productive. Intacct automates key business processes from order entry through cash collection and procurement through vendor payment. The Intacct system includes accounting, contract management, revenue recognition, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Web via Software as a Service. Intacct is the only on-demand financial management solution seamlessly integrated with salesforce.com. As a company grows, Intacct's deep and mature applications, SAS 70 Type II certification, and documented processes support Sarbanes-Oxley compliance for public enterprises.

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

About QuickArrow

QuickArrow's Professional Services Automation (PSA) solution helps services organizations better manage the three things that matter most: people, projects, and performance. Designed to deliver the critical visibility needed to optimize services delivery, QuickArrow's Software as a Service (SaaS) solution fully integrates with leading SFA, CRM, and financial applications, replacing homegrown solutions and labor-intensive spreadsheets to automate workflows and streamline operations.

Worldwide, more than 30,000 users and 300 services organizations spanning software, IT Services, management consulting, hardware, environmental, and healthcare consulting count on QuickArrow every day to increase resource utilization, capture more billable hours and expenses, and enable more effective decision-making to drive top and bottom-line growth.

QuickArrow's unqualified SAS 70 Type II certification and innovative Web Services API ensure reliability, flexibility, and data security for clients such as salesforce.com, Borland Software, Symantec, Genesys, and Informatica. To learn more about the business impact QuickArrow can have on your organization, please visit www.quickarrow.com.

Intacct and the Intacct logo are trademarks of Intacct Corporation. QuickArrow and the QuickArrow logo are trademarks of QuickArrow Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.

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