2015-04-02 best in class cloud based accounting systems
TRANSCRIPT
Intacct Cloud Based Accounting System Seminar Seth Zarny – Partner Buu-Linh Tran – Senior Manager Jeremy Taro – Account Executive
Thrive. Grow. Achieve.
April 2, 2015
WHAT’S ON TAP
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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 Q&A
MUTUAL INTRODUCTIONS
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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
DO YOU NEED THE NEW SOFTWARE?
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Hint – Sometimes You Need to Change Your Software!
WHAT IS THE CLOUD?
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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.
CLOUD – KEY ATTRIBUTES
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AGILITY: IMPROVED RE-PROVISIONING COST: CLAIMED TO BE REDUCED, 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
ON-PREMISE ATTRIBUTES
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) REPUTABLE MATURE VENDORS
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MIXED CLOUD & TRADITIONAL VENDORS
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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
KEY DECISION CRITERIA TO CONSIDER
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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?
INTRODUCTION TO INTACCT
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CLOUD BASED ACCOUNTING SYSTEM • True Software-As-A-Service (SAAS) • Local Partners • Annual Subscription Costs
STRONG FINANCIAL & ACCOUNTING FUNCTIONALITY VERY SATISFIED CLIENT BASE (OVER 9,500 CLIENTS) TARGETED TO FIRMS IN NO PARTICULAR ORDER • Outgrowing QuickBooks • Interested in Cloud Financials • Non Profit & NGO’s • Project Oriented Firms &
Professional Services Firms • Business Process Automation
• Accounts Payable • Time & Expense • Billing & Revenue
Recognition
• Multi-Company • Multi-Entity • Multi-Currency • Consolidated Financials • Cost Effective • Real Time Financial Visibility
• Prebuilt Financial Reports • Dashboards
INDUSTRIAL GRADE OPERATIONS
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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 2014 • Industry leading SLA • SSAE 16 Audited & PCI DSS Compliant • Successful DCAA Audits • 3rd Party Penetration Testing • Earthquake protected • Armed guards • Biometrics systems
SUPERIOR RETURN ON INVESTMENT
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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 • Database
Ongoing Cost Comparison
INTACCT CLIENTS ARE ENJOYING TREMENDOUS SUCCESS
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TOP 100 CPA FIRMS PUBLIC COMPANIES
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Intacct - Key Benefits
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
Intacct Dimensions
DIMENSIONS
Customer
Vendor
Employee
Entity Department Project
Class
Item
Who?
Where?
What? Collect key data for analysis
INTACCT SOFTWARE PRESENTATION
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DEMO
QUESTIONS
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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