search icon

i3 Verticals - United States

i3 Verticals manages dramatic growth with Sage Intacct

Technology and integrated payments provider achieve 16X finance team efficiency, 53.4% CAGR to $300M+ revenue, and successful IPO since deploying Sage Intacct.
DownloadTake a product tour

Preparing for massive scale with a multi-entity financial system

After outsourcing its back-office in its early years, payments provider i3 Verticals hired new finance leaders who looked to establish critical processes and systems to support the business’ highly acquisitive model. The key requirements were to get everything onto a unified chart of accounts and gain the ability to easily add entities as the business grew through acquisition.

As we prepared for massive scale, we needed a SaaS-based, multi-entity general ledger system we could grow into.

Scot Meriwether
SVP of Finance

Managing rapid revenue growth with minimal overhead

In the years since deploying Sage Intacct, i3 Verticals has acquired over 20 companies, grown at a compound annual growth rate of over 50% to $300m revenue, and completed a successful IPO – all with only eight accountants. With Intacct’s powerful automation and improved data accuracy, i3 Verticals can integrate new acquisitions into its core financial operations without delay.

With Sage Intacct, we can take over a company’s finance function on day one of an acquisition, and have their financials consolidated into our next month’s close.

Scot Meriwether
SVP of Finance

Increased visibility for management and investors

i3 Verticals says it particularly appreciates Sage Intacct’s ability to create and report against new dimensions of the business. As a result, they can efficiently analyze their 25 subsidiaries and provide better visibility to management.

Sage Intacct captures all the data we need to give guidance to our investors, such as monthly trend reports for our different entities and at the consolidated level.

Scot Meriwether
SVP of Finance

Related success stories