2017-02-28 modern web based accounting system seminar featuring intacct
TRANSCRIPT
BEST IN CLASS WEB BASED ACCOUNTING SYSTEM
FEATURING
Helping Great Organizations Thrive www.raffa.com P: 202.822.5000 F: 202.822.0669
FEBRUARY 28, 2017
Page 1
WHAT’S ON TAP
INTRODUCTION & AGENDA ON-PREMISE VS. HOSTING VS. SAAS INTRODUCTION TO INTACCT DEMONSTRATION OF INTACCT QUESTIONS & ANSWERS
Page 2
MUTUAL INTRODUCTIONS
WHO’S IN THE ROOM? Your name and organization
Size of organization
Current accounting system
Challenges & concerns with current system(s)
What would your ideal accounting system look like
RAFFA
Seth Zarny – Partner
Buu-Linh Tran – Manager
Jeremy Taro – Account Executive
Page 3
DO YOU NEED THE NEW SOFTWARE?
Hint – Sometimes You Need to Change Your Software!
Page 4
LARGEST ACCOUNTINGS SYSTEMS PROVIDER
• We support over1,500+ Nonprofit and Professional Services organizations
• 300+ specialists on staff at all levels • Support over 250 Financial System Clients • Certified System Consultants, Certified Project Management
Professionals, Business Process Consultants
33+ YEARS SERVING DC, MD & VA 17 PARTNERS, INCLUDING 10 WOMEN PARTNERS WOMEN-OWNED FIRM MULTI-CULTURAL WITH DIVERSITY AT ALL LEVELS PRIME GLOBAL ALLIANCE MEMBER
RAFFA OVERVIEW
Raffa is nationally recognized with access to all the resources of the largest international firms. Our mission is
be a catalyst for positive, systemic change in our communities.
WIDE RANGE OF SERVICES
• Technology Solutions • ERP & Accounting Systems • Software Development • Managed IT Services & CIO Advisory
• Audit and Tax • Managed Accounting • HR Consulting • Business Advisory • Forensics and Litigation Support • Employee Benefit Plans • Search and Transition Services
NATIONALLY RECOGNIZED:
• Top 100 Largest Accounting Firms • Top 100 ERP VAR (Bob Scott & Accounting Today) • Top 100 and Fastest Growing Value Added Reseller
Page 5
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.
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.
Page 6
CLOUD: KEY ATTRIBUTES
AGILITY: IMPROVED RE-PROVISIONING
COST: MEASURABLE RETURN ON INVESTMENT, COSTS DISTRIBUTED OVER MANY USERS
DEVICE & LOCATION INDEPENDENCE: ALL HTML5 SUPPORTED DEVICES CAN CONNECT
MULTI-TENANCY: KEY ISSUE FOR ERP
RELIABILITY: MULTIPLE REDUNDANT FAILOVER SITES & SYSTEM SECURITY
SECURITY: PROVIDERS DEVOTE MORE RESOURCES
MAINTENANCE: UPGRADES INSTALLED CENTRALLY DOWNTIME ELIMINATED
Page 7
ON-PREMISE: KEY ATTRIBUTES
CONTROL – YOU MAINTAIN CONTROL IN YOUR ENVIRONMENT
INTEGRATION WITH ORGANIZATION APPLICATIONS
CUSTOMIZATIONS: UNDER YOUR CONTROL
SECURITY: PLUSES & MINUSES
ACCESS: REMOTE ACCESS & CONTROLLED USERS
LOCAL DATA: DATA IS ACCESSIBLE
KNOWN COSTS: TRADITIONAL COSTS (HARDWARE & SOFTWARE)
MATURE SOFTWARE VENDORS
Page 8
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
Page 9
KEY EVALUATION CRITERIA
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?
Page 10
INTRODUCTION TO INTACCT
BEST IN CLASS FINANCIAL MANAGEMENT SYSTEM • True Software-As-A-Service (SAAS) • Local Partners • Annual Subscription Costs • Preferred provider of the AICPA
STRONG FINANCIAL & ACCOUNTING FUNCTIONALITY • Outgrowing QuickBooks • Interested in Cloud Financials • Nonprofit Focus • Project Oriented Firms & Professional Services Firms • Business Process Automation
• JE, AP, AR, Purchasing, Grants, Bank Rec • Time & Expense • Billing & Revenue Recognition
VERY SATISFIED CLIENT BASE (OVER 11,000 CLIENTS)
WORLD-CLASS DATA CENTER OPERATIONS • 99.992% availability for 2016 • Industry leading SLA’s • SSAE 16 Audited & PCI DSS Compliant • Successful DCAA Audits
• Multi-Company • Multi-Entity • Multi-Currency • Consolidated Financials • Real Time Financial Visibility
• Prebuilt Financial Reports • Dashboards
Page 11
INTACCT PARTNER ECOSYSTEM
120+ partners 75% of customers integrate with 2+ partners
Integration & Web Services Flexible Reporting Unlimited Dimensions Workflow Automation Intuitive & Easy to Use Large Ecosystem of 3rd Party Software Partners
Page 12
SAMPLE INTACCT CLIENTS
95% Customer Satisfaction
FOUNDATION
Real Value
11,000+ Growth Companies
Growing with Intacct
Page 13
INTACCT DIMENSIONS
DIMENSIONS
Customer
Vendor
Employee
Entity Department Project
Class
Item
Who?
Where?
What?
Collect key data for analysis
Page 14
INTACCT SOLUTION PRESENTATION
Page 15
QUESTIONS & ANSWERS
Seth Zarny – Partner [email protected] 301.279.6500 Buu-Linh Tran – Senior Manager [email protected] 301.279.6511 Jeremy Taro – Account Executive [email protected] 301.279.6504
Helping Great Organizations Thrive