{"id":7239,"date":"2020-11-10T11:17:32","date_gmt":"2020-11-10T16:17:32","guid":{"rendered":"https:\/\/www.sage.com\/en-ca\/blog\/?p=7239"},"modified":"2026-01-16T05:08:20","modified_gmt":"2026-01-16T10:08:20","slug":"canadian-music-label-turns-to-sage-intacct-for-new-insights-to-fuel-growth","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-ca\/blog\/canadian-music-label-turns-to-sage-intacct-for-new-insights-to-fuel-growth\/","title":{"rendered":"Customer Story: Canadian Music Label Turns to Sage Intacct for New Insights to Fuel Growth"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-ca\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tCustomer Story: Canadian Music Label Turns to Sage Intacct for New Insights to Fuel Growth\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \">Published <time class=\"entry-date published\" datetime=\"2020-11-10T11:17:32-05:00\">November 10, 2020<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Customer Story: Canadian Music Label Turns to Sage Intacct for New Insights to Fuel Growth\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-ca\/blog\/canadian-music-label-turns-to-sage-intacct-for-new-insights-to-fuel-growth\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-ca\/blog\/author\/owen\/\">\n\t\t\t\t<img decoding=\"async\" alt=\"\" src=\"https:\/\/www.sage.com\/fr-ca\/blog\/wp-content\/uploads\/sites\/16\/2019\/04\/Owen_sage-advice-002.jpg\" class=\"entry-author__image\" height=\"40\" width=\"40\" fetchpriority=\"high\" \/>\t\t\t\t<span class=\"entry-author__name\">Owen Sweeney<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217; can be an exciting but stressful time for a business when their rapid growth and success requires an upgrade and an overhaul of their core financial solution. This was the experience of Canadian music label Monstercat, the renowned Vancouver-based outfit that recently graduated to <a href=\"https:\/\/www.sage.com\/en-ca\/sage-business-cloud\/intacct\/\">Sage Intacct<\/a> from Sage 300, the platform which had successfully supported them on their journey until now.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Having already made the move to switch to the cloud with Sage Intacct, Monstercat were ready to leverage their new platform to help support their expansion when COVID-19 hit. Like many companies, Monstercat was forced to pivot to remote working, something that would have been difficult to do before they made the switch to Sage Intacct.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"#gate-649fdad8-928e-40ae-a3c1-d1fdb0052e30\">Download the complete Monstercat case study<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe were getting to the point where the tools we had to track our financials were just not going to be sufficient as we added more entities and currencies,\u201d remembers Rob Hill, Monstercat\u2019s director of finance. \u201cSage 300 was sitting on a physical server, so once COVID 19 hit and our team were all working from home, that became very problematic. It was a stroke of luck that we migrated to Sage Intacct\u2019s robust, cloud-based financial management solution right when we did.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-30-growth-in-efficiency-empowers-monstercat-expansion\">30% Growth in Efficiency Empowers Monstercat Expansion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before they knew it, Monstercat were back to focusing on their expansion, albeit from their living rooms for a while. One of the instant benefits they discovered from using Sage Intacct was the reduction in admin time that let integral staff members apply their efforts to critical areas of the business that needed their attention.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before Sage Intacct, Hill spent days compiling five reports and checking their accuracy before sending out his monthly reporting packet. And he rarely ran consolidations across the company\u2019s Canadian and U.S. entities. Using a custom report group he recently built in Sage Intacct, Hill now produces over a dozen reports at the click of a button and can do simple consolidations or reconsolidations as needed in just a few seconds. This frees his time to provide decision-makers with valuable analysis of that information and connect with the rest of the business so he can stay informed about what\u2019s happening.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Download the full case study to learn how Sage Intacct is helping Monstercat scale their organisation and manage multi-international entities headache-free.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Case Study: Monstercat Upgrades to Sage Intacct for New Insights to Fuel Growth<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Learn how Sage Intacct brings multi-dimensional visibility and crucial transparency to growing organizations.<\/p>\n<p><!-- wp:paragraph --><\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-649fdad8-928e-40ae-a3c1-d1fdb0052e30\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download the free case study<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1072509104-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-1072509104-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-about-monstercat\">About Monstercat<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">With a mission to empower creatives, <a href=\"https:\/\/www.monstercat.com\/\">Monstercat<\/a> is an independent music record label based in Vancouver, Canada. Following the music industry\u2019s dramatic changes during the first part of this century, in 2011, the company\u2019s founders turned their passion for electronic dance music and their knack for monetizing it via YouTube into a fresh community-based approach to promotion and distribution. A few years ago, Rob Hill joined the team to provide finance support and quickly saw the need to replace their Sage 300 on-premises accounting software. He wanted to lay the groundwork to better manage and report on Monstercat\u2019s dynamic revenue streams\u2014spanning royalties from streaming services like Spotify, Apple, and YouTube, along with publishing revenue, physical sales, and licensing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<\/p>\n\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner on-scroll-highlight__target\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Discover Sage Intacct<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Our cloud financial management platform delivers deep accounting capabilities across multiple industries designed with a single aim\u2014to accelerate your success.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"https:\/\/www.sage.com\/en-ca\/sage-business-cloud\/intacct\/\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\tid=\"cta-id-7124\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tdata-button-location=\"cta_box\"\n\t\t\t\t\t\t\t\t\t\t\t>Learn more about Sage Intacct<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-954307646-1440x810.jpg\" class=\"single-cta__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2022\/04\/GettyImages-954307646-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217; can be an exciting but stressful time for a business when their rapid growth and success requires an upgrade and an overhaul of their core financial solution. This was the experience of Canadian music label Monstercat, the renowned Vancouver-based outfit that recently graduated to Sage Intacct from Sage 300, the platform which had successfully [&hellip;]<\/p>\n","protected":false},"author":737,"featured_media":169,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"_pwl_sage_podcast_buzzsprout_src":"","footnotes":""},"categories":[7],"tags":[],"business_type":[3,99],"lilypad":[],"context":[],"industry":[],"persona":[],"imagine_tag":[],"coauthors":[310],"class_list":["post-7239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","business_type-small-business","business_type-medium-business"],"sage_meta":{"region":"en-ca","author_name":"Owen Sweeney","featured_image":"https:\/\/www.sage.com\/en-ca\/blog\/wp-content\/uploads\/sites\/12\/2019\/01\/GettyImages-610436768_super.jpg","imagine_tags":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice Canada English","distributor_original_site_url":"https:\/\/www.sage.com\/en-ca\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts\/7239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/users\/737"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/comments?post=7239"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/posts\/7239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/media\/169"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/media?parent=7239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/categories?post=7239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/tags?post=7239"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/business_type?post=7239"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/lilypad?post=7239"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/context?post=7239"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/industry?post=7239"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/persona?post=7239"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/imagine_tag?post=7239"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-ca\/blog\/api\/wp\/v2\/coauthors?post=7239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}