SAN JOSE, CA -- 07/14/09 --
Intacct, a leader in cloud financial
management and accounting applications, today profiled leading CPA firm N.
Cheng and Company's use of Intacct to gain real-time access to client data
from anywhere, improving efficiency and increasing collaboration with
clients. Intacct has also helped the firm greatly improve reporting,
allowing them to offer more strategic advice to clients looking to maximize
business success.
N. Cheng, a New York City based Financial Management Services firm,
specializes in not-for-profit, healthcare, international and government
work, but also provide services to an increasing number of educational
organizations and for-profit companies. With staff working from multiple
locations and clients spread across the U.S. and internationally, N. Cheng
needed a way to establish and maintain real-time connections with its
clients so financial information could be accessed at any time and from any
location.
From early on, N. Cheng identified that cloud computing was the future of
technology for the CPA industry and was an early adopter of Intacct. The
firm was attracted by Intacct's ability to deliver 24-hour data access,
superior reporting capabilities and support for multiple clients in a
single system. N. Cheng also knew that it didn't want to have to put forth
a lot of IT resources and budget to support a variety of on-premises
software solutions.
"We are committed to the success of our clients, so they can focus on their
commitments to those in need," said Steve Jorgensen, principal, financial
management services at N. Cheng & Company. "Intacct delivered a way to
improve our business as well as to improve the services we provide to our
clients. Since we first signed up in 2001, Intacct has helped us reduce
the time and effort it takes to complete the financial management services
we provide -- making us more productive and saving our clients money."
Intacct's flexible, cloud-based accounting software enables instantaneous
information sharing with clients so N. Cheng can fulfill its role as a
strategic part of its clients' finance operations. For example, clients or
N. Cheng staff alike can now easily view accounts payable status and cut
checks as necessary, as all financial data resides in a central location.
This concurrent access eliminates the need for the many phone calls, faxes
and emails that were required previously to coordinate between client and
firm -- saving both N. Cheng and its clients a tremendous amount of time.
In addition to greater efficiency, this helps N. Cheng focus its efforts on
the activities that provide the most value to clients.
Since deploying Intacct, N. Cheng has also enjoyed the ability to quickly
and easily create reports that enable them to provide more strategic advice
to clients. Intacct makes it easy for staff at N. Cheng to create reports
and dashboards that reflect the real-time performance of the clients'
business. Drill-down capabilities also allow users to dig into the data
behind the reports. The Intacct applications facilitate seamless
collaboration between N. Cheng staff and their clients to ensure all aspect
of the clients' operations are optimized and meeting government guidelines.
"Intacct has revolutionized our business, transforming us from providing
traditional after-the-fact accounting services to a leading firm of forward
thinking, proactive advisors," commented Jorgensen. "Intacct's financial
management applications give us the ability to quickly view, understand and
take action in real-time to respond to our clients' changing business
conditions. This has enabled us to increase both our clients' and our own
success."
To download a full case study on N. Cheng and Company's use of Intacct,
please visit http://www.intacct.com/downloads/NChengCompany.pdf.
Intacct Accountants Program
The American Institute of Certified Public Accountants (AICPA) and its
subsidiary CPA2Biz have named Intacct their preferred provider of financial
applications, and CPA2Biz is now the exclusive distributor of Intacct to
the CPA profession. To learn more about the Intacct Accountant Edition or
how to join the Intacct Accountants Program, please visit
http://www.cpa2biz.com/intacct.
About N. Cheng and Company
N. Cheng and Company is a CPA firm offering audit and financial management
services. Experienced, open-minded, collaborative and hard-working
personnel combined with the latest technology enables N. Cheng to provide
clients with an array of solutions designed to support specific business
needs, overall health and growth. For more information, visit
www.ncheng.com.
About Intacct
Intacct is a market and technology leader in on-demand financial management
and accounting applications. 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. The Intacct system includes accounting, contract management,
revenue recognition, inventory, purchasing, vendor management, financial
consolidation and financial reporting applications, all delivered over the
Internet via Software as a Service.
Intacct is headquartered in San Jose, California. For more information,
please visit www.intacct.com or call 877-437-7765.
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.
Press Contact:
Peter Olson
Intacct
408-878-0951
polson@intacct.com
Twitter: intacct_peter
