Software Firm Saves $100,000 a Year Worth of Accounting Time
Software firm, Code42, delivers a SaaS solution that rapidly detects and protects against insider threats to data security and intellectual property while speeding incident response. More than 50,000 organisations around the world rely on Code42’s insider risk detection and response SaaS solution to guard against “insider threats” that current and departing employees can pose to cybersecurity and intellectual property, either maliciously or unwittingly.
Rapid growth since Code42’s founding in 2001, has left the company facing an internal risk of another sort — entry level QuickBooks accounting software and spreadsheets that haven’t been able to scale with its fast-growing complexity and revenue. And with revenue accelerating past $25 million a year, Code42 has had a clear need to upgrade to cloud-based financial management suited for fast-growth companies like them. Thus, after an evaluation of leading solutions, the Minneapolis, US-based company chose Sage Intacct in 2013 for its powerful automation, ease of use, robust reporting and capacity for straightforward integration with complementary solutions.
See in this case study how Sage Intacct transformed this software firm’s revenue even further!