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banyan treatment center - UNITED STATES

Sage proves just the remedy for Banyan Treatment Centers

Privately-owned substance abuse and mental health provider realizes big time and cost savings with Sage Intacct

Growth through acquisition requires more than QuickBooks

On a fast growth trajectory with more acquisitions planned - and already operating multiple facilities - Banyan Treatment Centers’ CFO was finding it difficult to manage the different entities using just QuickBooks. He wanted a smart accounting solution that was cloud-based, that could handle consolidated reporting and easily allow detailed drilldowns into the figures in real-time.

What almost broke me in my first year was doing four acquisitions and having to add all of these files via QuickBooks; I pushed to go live with Sage Intacct in 2019.

Sean Mintz
CFO

Time savings and efficient ways of working boost morale

Since switching to Sage Intacct the Banyan finance team are saving a lot of time through the automation of basic every day accounting tasks that Sage Intacct makes a breeze, with Sean saying they have shaved between five and 10 days off the monthly close. The morale in his department has also become much stronger as the finance team play a more significant role and feel valued.

[My team] are all highly efficient and learning a lot more so I feel like Sage Intacct has added value to them and [in turn], they've added even more to the company.

Sean Mintz
CFO

Million-dollar savings

Overall, Sean says Banyan has realized over a million dollars in cost savings by switching to Sage Intacct and anticipates further savings as they continue to add features, consolidate and do more analysis with the tools at their disposal within Sage Intacct.

By leveraging the technology in Sage Intacct we've been able to transform the business and the core accounting, and not hire additional staff.

Sean Mintz
CFO

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