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Internet Leader Meebo Graduates to Intacct for Cloud Accounting and Financial Management(November 16, 2011)
SAN JOSE, CA -- (Marketwire) -- 11/16/11 -- Intacct, a leader in cloud financial management and accounting software, is providing a platform for continued growth at consumer Internet company Meebo. A rapidly growing company, now with six U.S. offices and over 200 employees, Meebo recently upgraded to Intacct's award-winning cloud computing-based accounting system to handle its financial management needs.
Due to its explosive growth and the increasing sophistication of its business, Meebo now faces a large volume of financial transactions, many more people involved in its financial processes, multiple locations, more robust compliance issues, plus a desire for improved business visibility and planning -- needs that not all accounting systems are designed to address. In addition, Meebo needed a financial management system that offered world class reporting capabilities and integrated well with its front-office systems, including Salesforce CRM.
"As we continue to grow, we're constantly looking at all of the ways to support our business and make our financial processes more efficient," said Larry Cheng, Controller, Meebo. "We looked at the leading options on the market and were really impressed by Intacct and its ability to fully integrate with systems we already use, like Salesforce CRM."
In the area of financial reporting, the move to Intacct is already having a significant and positive impact. Intacct's robust reporting and dashboard capabilities provide Meebo with faster access to company financial information. Reports are easy to tailor to the specific needs of each user and company executives can use dashboards to gain a high-level view of operations and then quickly drill down into transaction details and monitor trends in the business. This enables Meebo to more easily track the financial performance of its various departments and sub-departments.
Intacct also makes creating and electronically submitting expense reports simple and quick for employees. Intacct automatically routes the expense report to the appropriate supervisor for review and approval, while still providing the finance team with complete control to monitor, approve and audit the entire expense reporting process. This saves significant time and effort.
"Many businesses that are enjoying rapid growth like Meebo reach a point where they upgrade to a more comprehensive financial management and accounting system that offers increased functionality and improved financial controls," said Daniel Druker, SVP of Marketing and Business Development at Intacct. "Intacct is ideally suited for these fast-growing companies, providing increased financial visibility and streamlining key business processes."
To learn more about how Intacct helps companies growing companies, please visit http://us.intacct.com/solutions/quickbooks_users.php.
Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by thousands of businesses from startups to public companies and are designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct system includes accounting, contract management, revenue management, project and fund accounting, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing.
Intacct and the Intacct logo are trademarks of Intacct Corporation. QuickBooks is a trademark of Intuit. All other company and product names mentioned herein may be trademarks of their respective owners.
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