Jul 5, 2017   SOURCE: PR NewsWire

Intacct's Flexible Cloud ERP Fuels Business Agility at Energy Water Solutions

SAN JOSE, Calif., July 5, 2017 /PRNewswire/ -- Intacct, the customer satisfaction leader in cloud ERP software, today announced that Energy Water Solutions (EWS), a total water management firm serving oil and gas producers, implemented Intacct's robust ERP solution to power key workflows, and outsourced its finance operations to Intacct partner AcctTwo. Intacct provides real-time visibility into key performance indicators that drive profitability, and powers modern, efficient financial processes that seamlessly scale up or down with EWS' business as needed.

In a new case study published today, Intacct highlights the results EWS achieved by adopting Intacct's cloud ERP solution. The full customer profile is now available for download: https://online.intacct.com/rs/intacct/images/cs_Intacct_EWS.pdf. Here is a quick overview:

Energy Water Solutions' Results with Intacct:

    --  Easily scaled business processes with minimal staff
    --  Gained valuable budget and profitability insight for decision making
    --  Software paid for itself in <7 months

Highlighted comments from Bill Weathersby, chairman and CEO of Energy Water Solutions:

"From the very beginning, we wanted to conserve as much capital as possible for building our water recycling equipment, as opposed to spending it on operating expenses like establishing a data center with server infrastructure, or hiring a bunch of IT and finance staff. At the same time, we knew that we'd be raising a lot of money quickly, so we needed experienced finance resources and a scalable, turnkey ERP solution that could grow with us over the long term. The combination of our trusted finance outsourcing partner, AcctTwo, and Intacct's flexible, cloud-based ERP software has proven to be a perfect fit for our company."

"The best thing about working with Intacct and AcctTwo is that they are laser-focused on their core competencies of delivering the very best financial management solutions. Because of this, we can rest assured that EWS' accounting is well taken care of, and redirect time and money towards optimizing the equipment that drives revenue for our business."

"We actually started with the endgame in mind and process-mapped backwards to prepare for growth. Now, Intacct and AcctTwo are always a step ahead of us, and we've been able to contract and expand with no growing pains. All of our finance processes just work, because we're basically running our business on the Intacct platform. It manages the meat and potatoes of our accounting with minimal manual work at a very reasonable cost."

"With Intacct, we're freed up to proactively manage our capital expenditures - something that's especially important for our maintenance department, which relies on expensive heavy equipment. We can see at any moment in time whether our operators are spending over their forecasted budget, and can make strategic adjustments or negotiate smarter to manage our cost of capital so there are no surprises."

About Intacct
Intacct is the customer satisfaction leader in cloud ERP software. Bringing cloud computing to finance and accounting, 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, 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 Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, subscription billing, contract management, revenue recognition, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered over the Internet via cloud computing.

Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765. Connect with Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

Intacct and the Intacct logo are trademarks of Intacct Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.

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SOURCE Intacct