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Sage Intacct supports new business strategy at 360 Capital Group

360 Capital Group - Australia

Investment specialist achieves efficiency and time savings through automation with Sage Intacct.
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New strategy calls for new system

The growth of the business into new product areas and new overseas territories, meant 360 Capital Group required the right systems to support this growth. It was still reliant on spreadsheets and a lot of manual inputting, as well as facing a number of challenges with some of the complex structures of the funds they operated overseas, with multiple foreign currencies.
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We needed a system that would deliver complex consolidation, segment reporting and had integration with third parties. We also needed a cloud-enabled solution. Sage Intacct delivered all of these things.

Glenn Butterworth
Chief Financial Officer, 360 Capital Group

Efficient and agile

Sage Intacct allows 360 Capital Group to do everything in real-time, which supports their agile decision-making approach by giving operational managers the performance details they need, when they need it. The platform has also delivered serious benefits from time saved during month-end reporting.
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We have managed to reduce the time spent for month-end to just two days, which is over 25% improvement. We have also seen an improvement in reporting across the group.

Glenn Butterworth
Chief Financial Officer, 360 Capital Group

Supporting future growth

In addition to the efficiency savings provided by Sage Intacct, Glenn adds that they now have a system which can keep up with the growth of 360 Capital Group. Ultimately, he says the choosing of Sage Intacct was a “no brainer”.
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We have built a strong platform that can now be scaled up to meet our long-term objectives, and the current environment offers us a lot of opportunities to do this.

Glenn Butterworth
Chief Financial Officer, 360 Capital Group