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midcap credit and capital - UNITED STATES

MidCap Credit & Capital sees the returns of its investment in Sage Intacct

Boutique private equity firm gains flexible financial management system, maximizing productivity and boosting business insight

Multi-entities make basic software unfeasible

With dozens of legal entities across the United States, MidCap maintains separate general ledgers to support each subsidiary’s distinct partnerships and operating models. Given these complexities, the company struggled to run its business over 30 instances on QuickBooks, which became unfeasible as the company expanded and diversified.

I was quickly impressed by Sage Intacct’s capabilities as a fully functional, multi-entity general ledger that supports all our different subsidiaries.

Will Stewart
Corporate Controller

Financials in one place

Sage Intacct easily manages all the accounting needs for MidCap’s broad portfolio, including decentralized payables, inter-entity transactions, and global consolidations. It adds up to the accounting teams avoiding unnecessary manual work, being able to close the books faster, and run accounts payable efficiently.

It’s fantastic to have all our financials in one place with Sage Intacct.

Will Stewart
Corporate Controller

Customizable reporting

Sage Intacct’s dimensions capture the business context of MidCap’s transactions, operational measures, and budgets. The finance team can now produce detailed views of performance across all entities, understand what’s going on in each business, and easily create ad hoc financial and management reports.

We don’t have to pay consultants hundreds of thousands of dollars each month to program the system or make changes on our behalf.

Will Stewart
Corporate Controller

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