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Accurate Neuromonitoring - UNITED STATES

Accurate Neuromonitoring increases efficiency and cuts outsourcing with Sage financial software

Accurate Neuromonitoring increases efficiency and cuts outsourcing with Sage financial software.

Painful consolidations

After operating for a decade as a small local healthcare practice, Accurate Neuromonitoring’s partners secured private equity funding and grew the business through acquisitions. This meant transitioning from cash-based accounting to accrual accounting and having to consolidate financial statements across multiple entities which created process challenges.

When we were maintaining three separate entities in QuickBooks, consolidations were very painful. We needed a more scalable financial management solution.

Tim Trexler
Controller, Accurate Neuromonitoring

Improved efficiency and cash flow

Accurate Neuromonitoring immediately benefited from Sage Intacct’s multi-entity consolidations capabilities, greatly streamlining its time-consuming monthly close and improving cash flow. The practice also went from needing the support of three outsourced accountants, to managing its own financials with a single in-house resource – increasing efficiency by 66 %.

We’ve improved cash flow, which brings flexibility to the business, and I love that I no longer have to look at cash forecasts all day.

Tim Trexler
Controller, Accurate Neuromonitoring

Better tracking and visibility of key performance metrics

Using Sage Intacct, executives now monitor real-time metrics enabling them to steer the business accordingly. It has given better visibility into things like which surgeons work the highest quality cases, which new regions are likely to be most profitable and what drives revenue fluctuations.

Our CEO appreciates the quick snapshot Intacct provides of net revenue for the month or year, and net revenue per case, which is the number one driver of our business.

Tim Trexler
Controller, Accurate Neuromonitoring