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brookfield public securities - UNITED STATES

Sage Intacct helps Brookfield lay a foundation for growth

The global asset management company, which invests in publicly traded real estate and infrastructure securities, enjoys market benefits of faster insights

Legacy system proving inefficient

Brookfield Public Securities was using a legacy system that required central administration and IT maintenance, complicated reporting workarounds and paper-based processes. Accounting workflows were cumbersome and inefficient, especially for the finance team.

We were most impressed with Sage Intacct’s comprehensive multi-entity functionality, which I knew I could manage without a computer science degree.

Kyle O’Connor
Vice President of Finance and Accounting

Task automation leads to gains across the board

Sage Intacct powers a complete revamp of accounts payable, automating a series of tasks and giving the Brookfield team greater capacity to field enquiries. It also streamlines several other financial workflows including monthly close and quarterly reporting.

I expect the time freed by the software will allow my team to take on new responsibilities and scale effortlessly with minimal, if any, added headcount.

Kyle O’Connor
Vice President of Finance and Accounting

Detailed reports for each operating entity

Sage Intacct has enabled the finance team to produce detailed, custom reports for several stakeholders. It also allows for detailed comparisons for specific departments - something Brookfield has never had before - and ensures its budget is finalized ahead of time.

This will certainly help us improve the group’s gross margins down the road.

Kyle O’Connor
Vice President of Finance and Accounting

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