Project Description

Switching to Intacct´s global business management for nCircle.
THE CHALLENGE:

 nCircle, the leading provider of automated security and compliance auditing solutions, had grown exponentially-through both organic growth and acquisition, and it was time to move to a financial system that could handle advanced reporting needs and strengthen internal financial controls. The company needed a world-class, easy to use system that would save time and money, without having to add staff to support it. nCircle was looking for the capabilities to:

  • Support global business management with multi-entity, multi-currency capabilities.
  • Gain richer ad hoc reporting functionality to make better decisions and drive business performance across the organization.
  • Maintain the system without heavy lifting from IT.
Intacct has dramatically reduced the time we spend on our financial processes across the board, including consolidations and revenue recognition, just to name a few. Our finance team now has increased efficiency and greater confidence in the accuracy of our data. We would recommend Intacct to any company looking for a cost-effective way to improve financial operations.

Tuan Tran, Corporate Controller, nCircle
THE RESULT:

 Since implementing Intacct, nCircle has created a customized business process workflow that increased productivity, eliminated the need to file for tax extensions, and significantly reduced the potential for costly errors. Today, nCircle can:

  • Easily track, manage, and report on multiple international entities.
  • Keep a lean, cost effective finance department that provides real-time, accurate, and consistent visibility into financial and operational data.
  • Cut days out of data entry processes each month, improving productivity and saving costs.
  • Focus on the core business instead of on administration.

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