In this Sage Intacct: VelocityEHS Customer Success Story; 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 organization’s finance team went in search of full-featured financial management software.
By implementing Sage Intacct, VelocityEHS completely modernized its tedious revenue recognition process. Rather than spending a full day working through revenue calculations in a 20,000-line, error-prone spreadsheet at the end of each month, everything is streamlined in Sage Intacct. As a result, the company has full visibility into each step of its order-to-cash process, and has sped its monthly close by three days.
SASS Metrics:
Eliminate days to weeks of manual report preparation
Measure the metrics that matter to investors
Make agile, data-driven decisions
Transform reporting, decision-making, and fund raising with real-time SaaS metrics
And More!
"The strong efficiencies
and visibility we gain with
Sage Intacct easily recoup
the cost of the software
in just over three months
every year"
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