Certus Energy Solutions Achieves Rapid 2-Month Payback and Avoids $400K in Annual Costs with Sage Intacct

BTerrell Group Helps Oilfield Services Provider Use Sage Intacct to Dissect P&L 32 Different Ways to Make Better, Faster Decisions

SAN JOSE, Calif. – November 20, 2017Sage Intacct, the innovation and customer satisfaction leader in cloud financial management solutions, today announced that Certus Energy Solutions, an oil and gas tubular goods company, implemented Sage Intacct to establish financial best practices and meet complex reporting requirements in the midst of tripling transaction volumes. Certus can now easily analyze its key performance indicators for a more granular view into profitability. Additionally, financial processes across the organization are streamlined with best-in-class integrations between Sage Intacct and Adaptive Insights, Uplevl, and more.

A new case study published today highlights the results realized by Certus Energy Solutions after adopting Sage Intacct with the help of BTerrell Group. The full Certus customer profile is now available for download. Here is a quick overview:

Certus Energy Solutions’ Results with Sage Intacct:

  • Gained granular insight into department and location performance
  • Cut financial close by 1/3
  • Saved 70+ hours/month on A/P and reporting
  • Avoided $400,000 in annual headcount costs
  • Software paid for itself in <2 months 

Highlighted comments from Eric Williamson, CFO at Certus Energy Solutions:

“We couldn’t be happier with our decision to adopt Sage Intacct, because it offers robust reporting capabilities, and the folks at BTerrell have been extremely helpful and knowledgeable. Our small finance team has already gained incredible efficiencies and we appreciate the convenience of Sage Intacct’s easy access to timely financial insight in the cloud.”

“Sage Intacct and Adaptive Insights help us make better, more accurate business decisions by enabling us to drill down to find out where we’re profitable and where we’re not—and make adjustments quickly. For instance, we’re improving budgeting decisions by monitoring spending at a detailed level, and can even pull up future P&L views to analyze the potential impact of mergers or acquisitions we’re considering.”

“Our locations and departments are the lifeblood of our business, and we use Sage Intacct’s dimensions to dissect our P&L 32 different ways—such as by different types of rental equipment or inspection services. We can slice and dice every little expense or revenue item to specific areas and run low-level detailed income statements, or roll it all up to get an overall view into our key performance indicators.”

“Rather than waiting weeks for month-end reports, the combination of Sage Intacct and Adaptive Insights gives each manager instant transparency into current profitability for their specific area, empowering them to make decisions such as adjusting personnel or cutting expenses before it’s too late.”

About Sage Intacct

Sage Intacct is the innovation and customer satisfaction leader in cloud Financial Management. With the powerful combination of Sage and Intacct, the Sage Business Cloud offers the best capabilities of both companies. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative and award-winning applications are the preferred financial applications for AICPA business solutions. In use by organizations from startups to public companies, Sage Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Intacct to their clients. The Sage Intacct system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud.

Sage Intacct is based in San Jose, California and an entity of Sage. Connect with Sage Intacct on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

About Sage

Sage (FTSE: SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up or enterprise. We do this through Sage Business Cloud – the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll and Payments & Banking.

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.