2014-06-12 intacct cloud based accounting system seminar
DESCRIPTION
TRANSCRIPT
Intacct Cloud Based Accounting System SeminarSeth Zarny – PartnerBuu-Linh Tran – Senior ManagerJeremy Taro – Account Executive
Thrive. Grow. Achieve.
June 12, 2014
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WHAT’S ON TAP
INTRODUCTION & AGENDA NEW OPTIONS - ON PREMISE V. CLOUD
· What is the Cloud? Attributes, Advantages· On Premise – Advantages· Mixed Cloud with Traditional ERP· Key Decision Points
INTRODUCTION TO INTACCT· Flexibility & Visibility· Multi-Everything
DEMONSTRATION - INTACCT· Functions· Visibility· Flexibility· ROI
Q&A
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DO YOU NEED THE NEW SOFTWARE?
Hint – Sometimes You Need to Change Your Software!
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MUTUAL INTRODUCTIONS
WHO IS IN THE ROOM
YOUR ORGANIZATION• Size – Number of Employees • Current Accounting Solution(s)• Challenges
Raffa• Seth Zarny• Buu-Linh Tran• Jeremy Taro• Brief Background and Qualifications
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WHAT IS THE CLOUD?
NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY (NIST)
Cloud computing - model for convenient, on-demand network access to shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services). Rapidly provisioned and released with minimal management effort.[4]
Cloud computing provides computation, software, data access, and storage services – does not require end-user knowledge of physical location and configuration of the system that delivers services.
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CLOUD – CLAIMED KEY ATTRIBUTES
Agility – Improved Re-Provisioning Cost – Claimed to be reduced,
costs distributed over many users Device & Location Independence Multi-Tenancy – Key Issue for ERP Reliability – Multiple Redundant
Sites Security – Providers devote more
resources Maintenance – Upgrades Installed
Centrally
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ON-PREMISE ATTRIBUTES
Control – In your environment
Integration with Organization Applications
Customization – Under Your Control
Security – Pluses & Minuses
Access – Remote Access & Controlled Users
Local Data – Data is Accessible
Known Costs – Traditional Costs
Reputable Mature Vendors
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MIXED CLOUD & TRADITIONAL VENDORS
Existing Software – Hosted in the Cloud Mature Products – Functionality Monthly Fees Single Tenancy – Upgrades, Backups,
Customized Attention Integrations – Traditional Remote Access - Citrix, Remote Desktop Known Costs – Traditional Costs Reputable Mature Vendors
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KEY DECISION CRITERIA TO CONSIDER
Functionality – Do Cloud Solutions Meet Your Functional Needs?
Sophistication – What level of customization do you require?
Infrastructure Support – Committed to On-Premise Infrastructure, Cloud, or Both
Costs – What are the Realistic Costs for Your Organization – On-Premise vs Cloud
Support – Who is Supporting Your Users, Applications, and Infrastructure?
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INTRODUCTION TO INTACCT
Cloud Based ERP System• True Cloud Based• Software As A Service
(SAAS)• Local Partners• Yearly Costs
Strong Functionality Very Satisfied Client Base Targeted to Firms – in no
particular order• Outgrowing QuickBooks• Interested in the Cloud• Not For Profit• Project Oriented Firms –
Professional Services• Very Strong Financials
• Multi-Company• Multi-Currency• Multi-Organizational Rollup• Cost Effective
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INTACCT’S RELEVANT EXPERIENCE
HELPED HUNDREDS OF BUSINESSES LIKE YOURS ACHIEVE A SIGNIFICANT ROI BY:
Increasing real-time visibility into your software business to deepen leadership insights
Accessible Financials, Multi-Organizational, & Services
Automating complex revenue recognition and billing
Maximizing renewal revenue with proactive and automatic renewals management
Accelerating financial consolidations and close processes
Streamlining the capture of time and expenses incurred by your services organization
Case Examples
“Intacct has rich functionality, great reporting and it’s tremendously flexible. Intacct makes us more productive, allowing us to strategically redeploy some of our staff – ultimately saving the company more than $100,000 annually in added salary.”
CEO
ASP Global Services
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INTRODUCING INTACCT’S CORE PILLARS OF SUCCESS
Since we are into financials, let’s do a little math …
Best
Best in Class (Cloud)
Financials
SuperiorROI
YOUR SATISFACTION
Deep Visibility “Get the Edge”
Leadership Insights
Flexibility & Control"You're in Charge”
Maximize the Value of Your
Data
Adapt the Power of Our
Software
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Best in Class Financials
Specifically designed for dynamic, small and mid-market organizations.
Uniquely preferred by the AICPA
No. 1 integrated financial applications for Salesforce.com
Intacct highlights:• Unmatched real-time, “deep insight”
visibility• Comprehensive financials, from core
accounting to global consolidations• Out-of-box, tailored reports and
workflows• Easy to individualize, extend and
integrate to match your precise needs• Superior integration with your existing
business solutions• Comprehensive ecosystem of partners• True cloud computing with world-class
operations
BUILT FOR AND BY FINANCE
PROFESSIONALS”
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DEEP VISIBILITY
Unlock your business data for powerful business insights
Drive business performance through rich planning, reporting and analysis
Intacct Highlights:
• “Get at Your Data Real Time” - Role-based dashboards deliver business insights tailored for all your internal and external stakeholders
• “Discover More” - Easily combine financial and non-financial data into compelling, new insights
Integrate financial and operational data for ratios and KPI’s
Use 13 dimensions to capture the most detail of your business
Maintain multiple, auditable sets of books
• “Synthesize Insights” – Leverage your own financial graphs, reports and analyses
Enable rich planning, reporting, and analysis at the global and local level with ability to drill down to transactional detail right from within reports and dashboards
Manage an unlimited number of budgeting, planning, and forecasting scenarios
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FLEXIBILITY & CONTROL
Intacct solutions adapt to your business now and into the future
Easy to get started with best practice charts of accounts, dashboards and reports
Easy to individualize, extend and integrate to match your precise needs and processes
• Configure workflows• Configurable data fields, transaction definitions, invoices, and report
formats
Easy to adapt and scale your business with Intacct’s “Multi-everything” architecture:
• Multi-ledger delivers scalability and control for high volume / high transaction businesses
• From multi-book to multi-national global business management, Intacct keeps pace with your dynamics business.
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SUPERIOR RETURN ON INVESTMENT (ROI)
Subscription-based pricing model - Pay only for what you need
− “We know we need to earn your business every year”
Higher ROI and faster payback
− Save time with automated and streamlined processes
− Higher employee productivity
− Real time visibility
− Anytime, anywhere access
− No IT infrastructure and on-going operational costs
− No additional upgrades costs
− Continuous product innovation
− Industrial-grade infrastructure with guaranteed service levels and operational excellence
• Subscription fee
• Training• Configuration
On-Demand
• Ongoing IT workload• Fixes, Patches• Maintenance & upgrades:
• Hardware• Network
• Downtime• Performance tuning• Rewrite customizations • Rewrite integrations• Upgrade dependent
applications• Disaster recovery
On-Premises
• Security• Databas
e
Ongoing Cost Comparison
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SUCCESSFUL IMPLEMENTATIONS
Experienced project managers and consulting services with deep industry and financial expertise
1,000’s of successful implementations
Established project methodology leverages Intacct’s “Best Practices” for accelerated “FastTrack” time-to-value solution
Training and support speed-up user adoption
Well-defined tools and templates simplify effort with little disruption to you
• Turnkey, standardized “best practice” setup and configuration
• Customized, consultative approach matches your business processes
• Integration with additional systems and business processes
Illustrative Implementation Process Excerpt
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INDUSTRIAL GRADE OPERATIONS
IBM Fortune 100 class data center
SunGard hot backup data center
Multiple layers of security and encryption
― Update every security patch on a nightly basis
World-class 24x7x365 operations
― 99.992% availability for 2010― Industry leading SLA― SAS 70 Type II Audited― 3rd Party Penetration Testing― Earthquake protected― Armed guards― Biometrics systems
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KEEPING YOU SATISFIED
Our deep commitment to customer satisfaction is ingrained in our products, our culture, and the way we do business
Our employees’ bonuses are paid on your satisfaction
94% of our customers would recommend us to their friends
Industry leading SLA
Implementation Best practices to ensure success Web-based training included
Post-Implementation Support US-based, dedicated Customer Success team
with dedicated Services Program Manager Deep industry and financial expertise Close collaboration with Sales to ensure
complete understanding of requirements Best practices and post-implementation support
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INTACCT CLIENTS ARE ENJOYING TREMENDOUS SUCCESS
TOP 100 CPA FIRMSPUBLIC COMPANIES
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INTACCT SOFTWARE PRESENTATION
DEMO
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QUESTIONS
Seth Zarny – [email protected] 301.279.6500
Buu-Linh Tran – Senior [email protected] 301.279.6511
Jeremy Taro – Account [email protected]