Project Description

Matrix Absence Management uses Intacct to improve business operations.
THE CHALLENGE:

 Matrix Absence Management provides customized HR management for disability, workers´ compensation, and family leave programs. The rapidly growing company needed a cloud-based, user-friendly solution that was robust enough to meet its current financial requirements, yet scalable enough to grow with the organization in the future. Specifically, Matrix needed to:

  • Automate financial management and eliminate paper-based processes, while supporting a complex general ledger structure.
  • Improve revenue management capabilities.
  • Reduce demands on a small IT team.
We put Intacct and NetSuite head to head, and after an extensive evaluation found that Intacct would offer a better return on investment as it was more flexible, had more features and offered a lower total cost of ownership. We spent a lot of time doing our homework, and in the end, it was an easy decision.

Mike Fredericksen, CFO, Matrix Absence Management

THE RESULT:

 After an extensive evaluation, Matrix Absence Management chose Intacct because it offered a high return on investment, and was the most flexible, easy-to-use solution available, enabling the company to:

  • Streamline revenue management and other financial processes and cut the monthly close by one full day each month.
  • Automate billing processes to eliminate duplicate data entry, reduce the risk of human error, and speed up the monthly invoicing process by 20 percent.
  • Grow the organization using a reliable, cloud-based financial management solution that requires no software deployment, maintenance, or IT staff support.

View Case Study