A 50% efficiency gain in cash reconciliations
Since implementing Sage Intacct, Ontra has seen many benefits. The accounting team reduced the time needed to close the books each month from up to three weeks to 10 days, roughly a 50% reduction, while four hours of manual data uploads into Excel every month has been reduced to just 20 minutes. At the same time, Ontra can apply payments at invoice level, improving the data granularity for reporting.