Solutionreach offers cloud-based solutions for total patient engagement, serving health care providers such as dentists, physicians, and optometrists. The company has grown revenues 50 percent consistently over the past several years, and as this growth accelerated, its finance team needed a modern financial system. They moved from QuickBooks to Intacct’s cloud ERP software to more efficiently handle the company’s exploding B2B subscriptions revenue model, while providing greater visibility into business performance.
Solutionreach was able to establish a highly-efficient subscription lifecycle management process that has more than kept pace with its thirty-fold increase in monthly subscription volumes. Using Intacct’s revenue recognition capabilities and Intacct Subscription Billing, along with other best-in-class applications like Salesforce CRM, Solutionreach was able to streamline its subscription lifecycle management process. Intacct also provides increased visibility and insight to help the finance team confidently report SaaS metrics, revenue, and overall expenses for each new market the business enters—enabling Solutionreach to make smart decisions about when to hire and expand into new vertical markets.
Additional results since switching to Intacct include:
- Eliminated 100+ hours of manual work each year by integration Intacct and Salesforce
- Cut their monthly close process by two-thirds
- Gained $100,000 in headcount savings through streamlined processes