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cornerstone information systems - UNITED STATES

Cornerstone turns to Sage Intacct to level up its accounting

The software provider, which specializes in automation solutions, enjoys the benefits of automating its financial processes with Sage

Existing system can no longer handle the company’s complex reporting requirements

Cornerstone recognized the need to switch to more sophisticated flexible financial management and accounting software, with its existing solution not up to the task of processing the company’s complex revenue recognition requirements. The software provider went looking for an application that could help eliminate Excel work and duplicate data entry.

When we decided to upgrade to a modern financial system, we went looking for a solution that would integrate well with Salesforce.

David Novak
Controller

Automating revenue management hands time back to the team

The company now saves 10 full days of manual work each month and can easily comply with evolving rules and guidelines as a result of streamlining its end-to-end revenue recognition accounting. Cornerstone uses Sage Intacct’s Revenue Management software to standardize its revenue recognition determinations and automate postings.

If we were still on our old system, we would’ve needed at least two more finance headcount - at a cost of around $150,000 annually.

David Novak
Controller

Crucial insight into customers

Cornerstone takes advantage of Sage Intacct’s multi-dimensional general ledger to make comparisons across attributes like customers, vendors, departments, locations, and employees. This helps the company understand who it is selling to, which products its customers are using, and their price tolerance.

In comparing Sage Intacct, NetSuite and Financial Force, we preferred the depth of accounting functionality provided by Sage Intacct’s exclusive focus on financials.

David Novak
Controller