Back in 2012, i3 Verticals recognized a huge market opportunity in the convergence of software and payments. Since then, the payments provider has gained rapid adoption amongst small and mid-sized businesses, as well as strategic verticals.

Scott Meriwether, i3 Verticals’ senior vice president of finance, shared, “As we prepared for a massive scale, we needed a SaaS-based, multi-entity general ledger system we could grow into. Our requirements were to get everything onto a unified chart of accounts, gain the ability to easily add entities as we completed acquisitions, and ensure we’d be ready for SEC-compliant reporting when the time came to go public.” The team looked at Microsoft Great Plains and Oracle NetSuite, but felt Sage Intacct’s flexibility and intuitive interface made it the ideal financial system of record for i3
Verticals.