MuleSoft, a web middleware company, provides enterprise-class software based on the world´s most popular open source application infrastructure products. The company needed its financial management system to support a growing international reach, and improve its financial controls and audit support. Specifically, MuleSoft needed to:
- Find a robust cloud financial management and accounting solution that supported multiple global business entities.
- Automate time-consuming manual processes and improve efficiencies.
- Support a wide range of financial management capabilities that could be deployed and managed quickly, without the need for IT staff assistance.
Intacct enables us to easily manage the finances from our operations around the globe and automates a lot of our financial processes. It is hard to quantify all the benefits we receive from Intacct. We view Intacct as a tremendous asset for the company and a great investment.
Michael DiFilippo, CFO, MuleSoft
MuleSoft is able to strategically manage and improve business performance, and gained powerful capabilities to strengthen financial controls and manage complicated reporting of subscription-based revenue. Using Intacct enabled MuleSoft to:
- Deliver strong cloud financial management capabilities to its finance organization, without adding IT overhead.
- Streamline financial processes and improve financial controls across multiple business entities.
- Reduce close processes from weeks to just a few days.
- Automate revenue management to gain real-time visibility into deferred revenues for improved revenue and cash flow forecasting.