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halstatt llc - UNITED STATES

Sage Intacct proves a winning investment for Halstatt

Family-owned investment firm streamlines finance processes and improves overall finance efficiency by 60% thanks to Sage Intacct

Legacy system creating bottlenecks and hindering efficiency

As Halstatt grew and diversified its investments, its legacy Microsoft Dynamics GP accounting system and processes became a bottleneck that hindered efficiency and lacked real-time insights. Significant amounts of manual work - 80 to 100 hours to generate consolidated reports - meant the investment firm had a large seven-person accounting team, heavily reliant on spreadsheets.

We decided to go with Sage Intacct because it’s easy to use, is cloud-based, and is backed by the American Institute of Certified Public Accountants.

Amanda Goebel
Senior Accountant

Accounting and finance efficiency soar to 60 %

Thanks to Sage Intacct’s built-in automation, the 80 to 100 hours previously spent generating consolidated reports has been reduced to minutes, and overall accounting and finance efficiency has leapt by 60 %. Halstatt has also reallocated five of its seven accounting team members to other projects, maintaining an accounting team of two that can easily manage the finances.

Since implementing Sage Intacct, we’ve streamlined essentially every finance process we have.

Amanda Goebel
Senior Accountant

Bolstering investment opportunities

With Sage Intacct, Halstatt has strengthened collaboration across the business and empowered the finance and accounting teams to be strategic partners. With access to more real-time information, it has helped the chief investment office and investment team bolster the company’s investment strategy by being able to make decisions in hours versus weeks.

Sage Intacct’s flexibility has given us a lot more real-time information that has empowered us to manage and pursue new investments seamlessly.

Amanda Goebel
Senior Accountant

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