GeoTechnologies Achieves 5-Month Software Payback with Sage Intacct Cloud Financials

SAN JOSE, Calif., Jan. 09, 2018 -- Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that GeoTechnologies, Inc., a full-service engineering firm, achieved a rapid 5-month payback by replacing Microsoft Dynamics GP with cloud accounting software from Sage Intacct.

With support from implementation partner Massey Consulting, the GeoTechnologies finance team was able to streamline its multi-entity report preparation processes. This resulted in more time available to conduct deeper analysis, and gain valuable operational insight into project profitability, market volatility exposure, revenue categories, and other business trends.

A new case study published today details the results GeoTechnologies achieved by switching to Sage Intacct. The full customer profile is now available for download here and highlights include:

GeoTechnologies’ Results with Sage Intacct:

• Saving 140 hours/year preparing reports 

• Gained mission-critical insight into client mix and project profitability 

• Software paid for itself in less than 5 months 


Highlighted comments from Debora Hester, Controller, GeoTechnologies:

“After twelve years on Microsoft Dynamics GP, we were ready for better financial and managerial reporting and moving it to the cloud was an extra selling point. Sage Intacct was our company’s first big step, and after seeing how well it worked, we’ve moved our entire IT portfolio to the cloud. Sage Intacct has delivered significant cost savings by allowing us to eliminate SQL servers and smaller custom systems for things like time sheets, invoices, and other workflows.”

“Sage Intacct’s reports and dashboards let us drill into revenue and expenses for any project in real-time, and ensure a huge time savings to our finance team. With this flexible way of looking at the data, we’re able to give senior management timely access to valuable business performance insight, rather than delivering outdated reports months later.”

“One of the things I love most about Sage Intacct is how simple it is to run managerial reports. For example, each year, when our company insurance policies come up for renewal, our professional liability carrier requires a lot of revenue detail in order to underwrite the policy. Before, retrieving revenue information broken out by client types and ever-changing insurance industry project categories for these reports was a very manual, multi-week effort in Excel. With Sage Intacct, I just point and click to get everything we need, and I can regroup the data easily based on the latest requirements.”

About Sage Intacct
Sage Intacct is the innovation and customer satisfaction leader in Cloud Financial Management. With the powerful combination of Sage and Intacct, the Sage Business Cloud offers the best capabilities of both companies. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by organizations from startups to public companies, Sage Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Intacct to their clients. The Sage Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud.

Sage Intacct is based in San Jose, California and an entity of Sage. For more information on Sage Intacct, please visit www.sageintacct.com or call 877-437-7765. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

About Sage
Sage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud - the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13000 colleagues and a network of accountants and partners. We are committed to doing business the right way, and giving back to our communities through Sage Foundation.

Find out more at www.sage.com/en-us.

Sage Intacct, Intacct and the Sage Intacct and Intacct logos are trademarks or registered trademarks of Sage Intacct, Inc. and/or its affiliates. Other company and product names mentioned herein may be trademarks of their respective owners.

Press Contact:
Peter Olson
Sage Intacct
408-878-0951
[email protected]
Twitter: @PeterOlsonPR