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goguardian - UNITED STATES

GoGuardian graduates to robust finance system with Sage Intacct

Educational software specialist shortens monthly close by over 80% and increases operating cash flow with Sage Intacct

Robust financial management for rapid scale

Following a period of tremendous growth, educational software firm GoGuardian decided it needed to replace its QuickBooks software and out-sourced accounting with an in-house efficient solution that could provide insight into SaaS financial and operational metrics. It also wanted a robust system that could automatically process contracts as purchase orders are received.

After evaluating Oracle NetSuite, we found Sage Intacct’s user interface was superior, along with being more affordable and having tight Salesforce integration.

Elliot Woo
Director of Accounting

Significant month end time savings

Sage Intacct seamlessly converts closed/won opportunities from GoGuardian’s Salesforce CRM system into contracts, invoices customers, closes accounts receivables (A/R), and generates revenue recognition schedules that post to the general ledger automatically. As a result, the company is able to close its A/R in a single day at the end of each month.

Sage Intacct has reduced our monthly close from 31 days to five, while cutting days sales outstanding from 59 to 29 and pulling in an additional £7m in operating cash

Elliot Woo
Director of Accounting

Keeping management and investors happy

With hundreds of pre-built financial reports in Sage Intacct, the team can provide GoGuardian’s management with accurate metrics to inform key decisions that continue to steer the company’s 100%+ year-over-year growth. What’s more, Sage Intacct helps the finance team provide useful insights to outside investors in a timely manner with little effort.

Our investors are very happy and confident about our plans because we can be transparent with our financial results, which ensures more productive board meetings.

Elliot Woo
Director of Accounting

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