VelocityEHS Saves $160,000. Through Efficiency Gains With Sage Intacct

After a series of multi-national acquisitions, the combined businesses that make up VelocityEHS have become the leading provider of cloud environment, health, safety (EHS), and sustainability software. An Actua (Nasdaq: ACTA) company, VelocityEHS continues to grow rapidly and is held to the high reporting and compliance standards of a publicly held business. Given this environment, it became more challenging to continue running the business on QuickBooks, and the organisation’s finance team went in search of full-featured financial management software. This is where Sage Intacct came into play. Sage Intacct was chosen for its more flexible dimension-based reporting, as well as its ability to greatly improve VelocityEHS’s revenue recognition and seamless handling of the company’s multiple foreign currencies.