TMCnet News
Intacct Named a Visionary by Gartner in Magic Quadrant for Cloud Core Financial Management Application SuitesSAN JOSE, Calif., June 22, 2017 /PRNewswire/ -- Intacct, the innovation and customer satisfaction leader in cloud ERP software, today announced that Gartner, Inc. has named Intacct a Visionary in the Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises. Intacct's placement is based on Gartner's assessment of the company's completeness of vision and ability to execute. Amongst the companies positioned in the Visionaries quadrant, Intacct achieved the highest placement for ability to execute and furthest for completeness of vision. A total of 11 solutions were included in the Gartner Magic Quadrant report, which presents a global view of the cloud core financial management applications vendors from a market perspective. Access a complimentary copy of the full report at http://online.intacct.com/gartnermq. In the report, Gartner notes: "The market for core financial management suites has been static for many years. However, over the last 12 to 18 months, cloud core financial management suites have matured to such an extent that they have disrupted this static market. This reflects the increasing prevalence of postmodern ERP strategies (see "Schrödinger's Cat: How ERP Is Both Dead and Alive"). Postmodern ERP is the deconstruction of suite-centric, monolithic, on-premises ERP deployments into loosely coupled applications, some of which can be domain suites (such as core financials or HCM) or smaller footprint applications that are integrated as needed." "This first-ever Gartner Magic Quadrant for cloud core financial management suites is a testament to the transformation taking place in this market as companies increasingly move from on-premises to cloud-based ERP solutions," said Rob Reid, CEO of Intacct. "We believe our placement as the highest and furthest Visionary in the report and our above-average reference customer feedback are a clear validation of Intacct's strategy nd the incredible benefits we deliver to our customers." Intacct has embraced the post-modern ERP approach and designed the system to seamlessly connect with the other business software in place at an organization to ensure companies can stay on the fast track to growth. Intacct cloud ERP software helps companies navigate the shifting challenges and opportunities they face in their market by empowering finance teams with deep functionality that automates key financial processes and surfaces the richest financial and operational insights. For this Magic Quadrant, Gartner defines core financial management suites as follows:
To learn more about what makes Intacct the innovation and customer satisfaction leader in cloud ERP software, please visit https://us.intacct.com/why-intacct. About the Gartner Magic Quadrant Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Intacct Intacct is headquartered in San Jose, California. For more information, please visit www.intacct.com or call 877-437-7765. Connect with Intacct on LinkedIn, Facebook, Twitter, Instagram, Google+, and YouTube. Intacct and the Intacct logo are trademarks of Intacct Corporation. All other company and product names mentioned herein may be trademarks of their respective owners.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/intacct-named-a-visionary-by-gartner-in-magic-quadrant-for-cloud-core-financial-management-application-suites-300478558.html SOURCE Intacct |