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Jobvite Rolls Out Subscription Billing and Global Consolidations Across Three Countries with SageATLANTA, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Sage (FTSE: SGE), the market leader in cloud business management solutions, today announced that Jobvite has utilized Sage Intacct, a solution available in Sage Business Cloud, to roll out subscription billing and revenue management to support the company’s long-term growth and expansion plans. Sage Intacct has significantly increased Jobvite’s business visibility and finance team efficiency, enabling the organization to spend more time improving gross margin. Founded in 2006, Jobvite is leading the next wave of recruitment innovation with talent acquisition software that powers the hiring experience for thousands of companies worldwide such as LinkedIn, Schneider Electric, Zappos.com, and Blizzard Entertainment. The organization utilizes Continuous Candidate Engagement (CCE), a candidate-centric recruiting model, that helps companies engage candidates with meaningful experiences at the right time, in the right way. Why Sage? “It used to take us the entire month to close the books, but with the addition of Sage Intacct’s multi-currency and global consolidations automation, we’re now generating financials on the 15th of the month, even with the large amount of transactions we're processing,” said Jobvite’s corporate controller, Lisa Schulz. “Soon, I expect we'll be able to close within five business days, which will help management make decisions even more quickly.” After implementing Sage Intacct, Jobvite realized significant benefits, including:
“Through the automation we have in Sage Intacct, we’re shifting our effort from focusing 80% of our time on basic financial transaction processing, towards spending 80% on analytics and improving the business,” said Schulz. “Our financial system is allowing us to scale and grow the company long-term because we have all the necessary processes in place to support our continued expansion.” For more information on how Jobvite uses Sage Intacct, view the full case study. About Sage Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through Sage Foundation. Find out more at www.sage.com/en-us. Press Contact: |