Project Description

Odyssey Thera improves finance department efficiency and auditability with Intacct.
THE CHALLENGE:

Odyssey Thera Inc. is a drug discovery company with a strategy for identifying safe and effective medicines for a wide spectrum of human diseases. The company was growing rapidly, and needed an on-demand seamless financial system that would improve reporting and scale as the company continued to grow.  This new solution needed to:

  • Simplify implementation and scalability
  • Offer excellent built-in internal controls and compliance processes
  • Provide anytime, anywhere web-based access
Intacct has helped make major improvements to our business processes and financial systems. Our reporting, compliance and overall efficiency improved significantly. Using Intacct, we established better internal audit controls as well as improving our security. It has made a major impact.

Len Freeman, Controller, Odyssey Thera

THE RESULT:

Implementing Intacct has helped Odyssey Thera to:

  • Eliminate capital expenditures like hardware and any additional software.
  • Increase efficiency without dedicating IT staff for security, backup and maintenance tasks.
  • Save 50 hours per month processing purchase orders, invoices, and other administrative tasks, freeing staff to focus on more strategic projects.
  • Improve internal audit controls, security, and workflow.

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