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Intacct Launches Contract Billing for CRMSAN FRANCISCO, Oct. 4, 2016 /PRNewswire/ -- Dreamforce 2016 – Intacct, a leader in cloud ERP software, today announced the launch of Intacct Contract Billing for CRM. Delivered through native, built-in connectivity between Intacct cloud ERP applications and Salesforce CRM applications, this new Intacct module helps eliminate the need to deploy or maintain integration software that connects ERP and CRM processes. Intacct is one of the industry's first solutions that unifies billing, reporting, and ASC 606-compliant accounting for organizations using Salesforce. Intacct Contract Billing for CRM creates a seamless workflow, starting with a single source of truth captured in Salesforce. It eliminates rekeying of contract information and automates accurate billing and revenue recognition according to both the current and new accounting regulations. By automating subscription billing, even for sophisticated pricing models, Intacct Contract Billing for CRM significantly reduces the workload for finance and sales teams managing customer contracts—saving hours of work each month and reducing billing errors. Enabling Compliance with ASC 606 The new accounting standard goes into effect starting in 2018, but the influence of the new guidelines will impact companies much earlier, as any customer contract that extends beyond the start date will be affected. Furthermore, impacted companies will need to recast prior-period financial statements using the new guidelines in advance of the start date in order to provide proper comparative and future guidance to investors. Intacct Contract Billing for CRM will enable companies using Salesforce to streamline the process of complying with the new accounting guidelines by:
"Growing revenue with flexible pricing models just got easier for companies that use Salesforce CRM," said Dan Miller, VP of Product Management at Intacct. "Whether companies are looking for greater automation in pricing and billing, tighter integration with their automated revenue recognition, or a seamless data flow between Salesforce and their financials, Intacct Contract Billing for CRM adapts to their needs. This is just the latest example of how Intacct brings innovative solutions to market faster than our competition—ensuring our customers stay ahead of changing accounting standards and any changes to their business needs." See Intacct Contract Billing for CRM in Action at Dreamforce 2016 Intacct was recently named a Salesforce Platinum ISV Partner. For more than 10 years, Intacct has partnered with Salesforce to offer customers a pre-built integration with Salesforce Sales Cloud to connect their primary front-office and back-office systems. Availability 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. Salesforce and others are among the trademarks of salesforce.com, inc. All other company and product names mentioned herein may be trademarks of their respective owners. Logo - http://photos.prnewswire.com/prnh/20120123/SF39551LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/intacct-launches-contract-billing-for-crm-300338727.html SOURCE Intacct |