Intacct Launches Upgraded Online Accounting Program

Intacct Winter 2010 brings the power of mid-market accounting and financial management applications to businesses that otherwise couldn’t afford it. The offering enables both GAAP and operational reporting and analysis without the need for additional tools.

The core system includes modules for accounting, purchasing, order management, financial reporting and business intelligence. The company also offers optional modules that deliver multi-currency support, multi-entity support, sales-tax management, inventory management, contract and revenue management and integration with the popular Salesforce.com CRM platform.

New additions to the latest release include handy “dashboard” views for the business owner and key lieutenants, so they can see a snapshot of the company’s financials — cash balances, revenue forecasts, revenue distribution, and so on — at a glance. The company has also added online access to automated workflows for employees to streamline expense reports, purchase requests and more.

Employees, contractors and other workers can now securely create and submit expense reports and purchase requisitions anytime and from anywhere they have an Internet connection. Managers and finance staff receive automated e-mail notifications that their approval is needed, and they can log in from anywhere to review and approve submissions, or they can send back requests for more information. Multiple levels of approvals, detailed audit trails and customizable workflow processes ensure control, audit capability and compliance throughout the process.

Intacct Winter 2010 also features Intacct Advanced Revenue Management, a new application that delivers revenue management capabilities to small businesses. Designed to support companies with even complex multi-element arrangements, Advanced Revenue Management streamlines formerly manual tasks such as allocating recognized and deferred revenue.

Winter 2010’s enhanced multi-dimensional general ledger lets managers track the business in much more detail using up to 12 key metrics — by customer, product, project, and so on — to match how the CEO thinks about the business.

Intacct’s cloud model provides anytime, anywhere access to all this financial data; all you need is a Web browser and an Internet connection. The company’s world-class datacenter (with backups on three continents) offers disaster-proof security for your crucial financial data. Intacct Winter 2010 starts at $400 per month, and is available from many CPAs for as little as $60 per month bundled with their services.

Jamie Bsales is an award-winning technology writer and editor with more than 15 years of experience covering the latest hardware, software and Internet products and services.