Press Release

Intacct Grabs Top Score From The CPA Technology Advisor

Intacct Financial Management System Earns Perfect Score in Every Category in Publication's Review of Mid-Range Accounting Systems
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Posted 02 October 2008 @ 07:30 am ET

SAN JOSE, CA -- (Marketwire) -- 10/02/08 -- Intacct, a leader in on-demand financialmanagement and accounting applications, today announced that The CPATechnology Advisor has awarded Intacct a perfect five stars in its 2008Review of Mid-Range Accounting Systems -- the highest score possible.Intacct earned perfect scores in all review categories, including ease ofuse; modules and notable features; integration, import and export;reporting; support and training; and overall relative value.

"We are particularly proud of our perfect score in The CPA TechnologyAdvisor review because this is a direct comparison of Intacct and the topselling, most mature on-premises financial applications -- MicrosoftDynamics GP, Sage, and QuickBooks Enterprise," said Daniel Druker, seniorvice president of marketing and business development at Intacct. "TheFinancial Applications category is one of the most mature in the softwaremarket, so it is a major milestone that a Software as a Service applicationis being recognized as having reached functional parity with or surpassedthe on-premises leaders. It wasn't too long ago they said this couldn't bedone."

In the review, the author notes: "With its spring 2008 release, Intacct hasadded numerous system enhancements and features, including ContractRenewals Automation, which allows those providing service contracts toschedule renewal dates and other related activities. Also new isQuickStart Financials, which provides new users with a prepackaged group oftemplates and reports, and allows companies to be up and running even morequickly than before." The author adds: "Multi-entity capabilities makeIntacct an excellent choice for those with multiple locations, allowingcompanies to easily enter and process information for multiple locations aseasily as if for one, with simple consolidation for corporate andpartner-level reporting."

Intacct offers a complete financial management system, includingaccounting, contract management, revenue recognition, inventory,purchasing, vendor management, financial consolidation and financialreporting applications, all delivered over the Web via Software as aService (SaaS). Intacct cost-effectively delivers features that werepreviously only available in high-end accounting products, helpingcompanies of all sizes streamline and automate critical financial businessprocesses from order entry through cash collection and procurement throughvendor payment.

"The efficiencies we've gained with Intacct help us accommodate organicgrowth without adding resources to the finance team," commented Jim Tipton,registered CPA and managing director of finance at nGenera. "Even better,we've now got a single view into our business, across departments andgeographic regions -- enabling us to more effectively manage our financesto support our long-term strategic objectives."

To read the complete five-star Intacct review from The CPA TechnologyAdvisor, please visithttp://www.cpatechnologyadvisor.com/online/article.jsp?siteSection=54&id=2102.

About Intacct

Intacct is a market and technology leader in on-demand financial managementand accounting applications. The company's award-winning solutions areused by thousands of businesses, from startups to public companies, and aredesigned to improve company performance and make finance more productive.Intacct automates key business processes from order entry through cashcollection and procurement through vendor payment. The Intacct systemincludes accounting, contract management, revenue recognition, inventory,purchasing, vendor management, financial consolidation and financialreporting applications, all delivered over the Web via Software as aService. Intacct is the only on-demand financial management solutionseamlessly integrated with salesforce.com. As a company grows, Intacct'sdeep and mature applications, SAS 70 Type II certification, and documentedprocesses support Sarbanes-Oxley compliance for public enterprises.

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

Intacct and the Intacct logo are trademarks or registered trademarks ofIntacct Corporation. All other company and product names mentioned hereinmay be trademarks of their respective owners.

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Press Contact:Peter OlsonIntacct408-878-0951polson@intacct.com


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