SOURCE: Intacct Corporation

November 22, 2005 09:05 ET

Intacct Ranks No. 1 Among High-End Accounting On Demand Solutions

The CPA Technology Advisor Gives ERP On Demand Five Stars for Functionality, Scalability and Customer Support

SAN JOSE, CA -- (MARKET WIRE) -- November 22, 2005 -- Intacct Corporation, the leader in on-demand ERP, is the top ranked Web-based solution in The CPA Technology Advisor's 2005 review of high-end accounting products. Intacct received four of five stars overall and was rewarded a perfect score for functionality, scalability and customer support in the magazine's December issue, which is out on Nov. 30.

"The intrinsic value of software as a service -- lower cost, greater flexibility and higher ROI -- is now augmented by robust product features, scalability and support," said Robert J. Jurkowski, CEO and president of Intacct. "While Intacct delivers innovation to a growing number of enterprise customers and software makers, the competition is stuck offering costly license fees and cumbersome maintenance contracts, which are quickly suffocating growth in the client-server application market."

The CPA Technology Advisor evaluated the nine most-popular high-end accounting products from major software vendors, including Microsoft, Sage Software and Epicor Software. Among the categories reviewed were modules available, scalability, ease of use, customization, security, integration, reporting and support. The CPA Technology Advisor reaches approximately 50,000 tax and accounting professionals who represent the primary decision-makers within public accounting firms.

Intacct delivers financial, supply chain, professional services automation and business intelligence software as an on-demand service. More than 2,000 enterprises, accounting firms and business process outsourcers pay a monthly subscription fee to access Intacct's ERP On Demand suite on the Web. The elimination of hardware, software and IT resources is one of many reasons research firm IDC projects sales of software-as-a-service applications to reach $10.7 billion in 2009.

About Intacct Corporation

Intacct delivers financial, supply chain, professional services automation and business analytics software as an on-demand service to more than 2,000 midsize customers. Built on a multi-tenant Web infrastructure, ERP On Demand lowers IT costs, enhances business process flexibility and increases profitability for emerging and public companies with multiple locations and multi-currency operations. Intacct's platform services for application, data and process integration and customization enable enterprises to extend ERP On Demand, and software makers to embed a private-labeled back-office suite. Headquartered in San Jose, California, with operations in Bangalore, India, Intacct is a privately held company funded by Deloitte & Touche, Goldman Sachs, Hummer Winblad Venture Partners and JK&B Capital.

Intacct and ERP On Demand are trademarks of Intacct Corporation. Other names may be trademarks of their respective owners.

Contact Information

  • Media Contact
    Alf Abuhajleh
    Intacct Corporation
    (408) 878-0954
    Email Contact