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Elemica - UNITED STATES

Elemica digitizes its financial management with Sage Intacct

The leading digital supply network for the process manufacturing industries enjoys faster, more efficient financial management with Sage software
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Legacy system makes for extremely heavy lifting

Elemica relied upon a legacy Microsoft Dynamics NAV system with heavy Excel use for financial processes. As a result, the finance team had a high manual workload which left little to no time for strategic analysis to grow the business.

We spent most of our time getting ready for monthly board meetings and had no time to really analyze the numbers and make changes based on that.

Kiely Fagan
Director of Finance Operations

Automating processes and identifying opportunity

Sage Intacct’s subscription contract revenue management module is providing Elemica with new controls and transparency in recurring revenue, and streamlining what were painfully manual rev rec processes. It has also led to Elemica identifying $80,000 in overlooked revenue.

Moving to Sage Intacct has established personal level controls for us and gives us a single place to make sure we’re invoicing correctly.

Anthony Palladino
CFO

Set up for growth

Elemica’s finance team now has more time to collaborate with managers and pursue other high-value initiatives thanks to faster, more efficient financial management. Core financial reporting based on real-time data in Sage Intacct is generating deep insights for growth-oriented decisions that weren’t previously possible.

Our accounting team has always been staffed by skilled strategists. With Sage Intacct, we now have the time and opportunity to use those skills.

Anthony Palladino
CFO