search icon

jobvite - UNITED STATES

Sage Intacct powers Jobvite expansion

Recruiting software specialist boosts finance productivity 25% amid rapid growth with the power of Sage Intacct financial management.

Smooth expansion thanks to scalable, agile platform

The acquisition of three SaaS recruiting companies and rapid growth to more than 2,000 customers has been a smooth process for JobVite owing to the company’s foresight to implement Sage Intacct several years prior to its expansion. The accounting team is able to handle complex revenue recognition, multi-currency, and multi-entity challenges with automation and efficiency.

Sage Intacct’s powerful software allows us to work more efficiently. It’s difficult to imagine how long it would have taken us to migrate [the new entities] manually.

Lisa Schulz
Corporate Controller

Multi-currency contract management speeds billing cycle 30%

With new entities and contracts up and running on Sage Intacct, the finance team has slashed the monthly close time from roughly one month to seven days. Productivity has leapt by about 25% and most notably, the finance teams has accelerated the billing cycle by approximately 30%.

We’re more consistently invoicing our customers and we have better visibility into renewals, which is boosting our overall billing around 5%.

Lisa Schulz
Corporate Controller

Accelerating growth and increasing gross margin

Department heads now get their budget-to-actuals numbers within five business days of month end and hold budget meetings three times more often thanks to Sage Intacct. These valuable insights help Jobvite’s business leaders make more agile adjustments, contributing to a 1% gross margin improvement.

Sage Intacct is allowing us to scale and grow the company long-term because we have all the necessary processes in place to support our expansion.

Lisa Schulz
Corporate Controller