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Teaching CollegeSource a new way of life with Sage Intacct

CollegeSource, Inc. - United states

Providing information for higher education, CollegeSource sought to adopt a forward-thinking approach to admin and finance.

Statements and invoicing time led to extra expense

Serving information solutions to over 2000 colleges and universities, CollegeSource required a secure cashflow system made easy for their CEO. Two QuickBooks, separate ledgers and Excel meant that transactions were taking too long. Multiple statements and invoices resulted in extra expenses. CollegeSource needed innovative software to match its approach to education.

Sage Intacct is awesome; it has saved us so much time.

Nikki Hiciu
Director of Admin and Finance

The right solution for the information solution system

CollegeSource can process all transactions in one place with Sage Intacct. Feeding into the user-friendly system and using the extra tools available has resulted in a clear and efficient operation. Using the planning tool means the team can take breaks without taking the work with them.

With Sage Intacct, we don’t need to be scared about security; we trust it.

Nikki Hiciu
Director of Admin and Finance

When the CEO is happy, the team is happy

Since Sage Intacct was integrated into the system, CollegeSource accounts closed by 73%. The number of invoices processed doubled, saving time and expense. Day sales outstanding (DSO) has been reduced by 30 days while increasing networking capital by 1.5 million. Now the CEO can drill down to view contracts fed into Sage Intacct, meaning a clear forecast can be seen down to the penny.

We didn’t want a third party, so Sage Intacct was the best solution for us.

Nikki Hiciu
Director of Admin and Finance

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Sage Intacct

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