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Sage Intacct helps SecurityScorecard scale and prepare for IPO with ease

SecurityScorecard - United States

Leading cybersecurity firm SecurityScorecard scales internationally, boosts efficiency, and improves cash flow using Sage Intacct's powerful automation and integrations.
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Fast-growing SaaS firm needed scalable financial software for international expansion

SecurityScorecard, a leading cybersecurity SaaS firm, was growing rapidly and preparing for an IPO. Expanding internationally brought complex financial challenges, including multi-entity accounting, foreign currency management, and regulatory compliance. The company needed a scalable financial solution that could support its growth without adding extra headcount.

We needed a system that could scale with our business, streamline financial processes, and support our IPO ambitions.

Terry Nwosuocha
Vice President-Corporate Controller

Sage Intacct powers automation, growth, and seamless third-party integrations

SecurityScorecard implemented Sage Intacct to manage its expanding financial operations. With integrations including Salesforce, Avalara, and Coupa, the platform enabled streamlined revenue recognition, multi-entity financial management, and compliance with foreign tax regulations. Despite a 700% increase in transaction volume, the finance team did not need to add staff.

Sage Intacct just works. It's simple to use, integrates seamlessly, and has made scaling our business effortless.

Terry Nwosuocha
Vice President-Corporate Controller

80% faster close, 700% transaction growth, and millions freed in operating cash flow

With Sage Intacct, SecurityScorecard cut its close time by 80% and reduced DSO from 52 to 43 days, generating $5.5M in cash flow. The finance team efficiently handles 8,000 transactions across 2,000 customers, all while scaling internationally. Sage Intacct's automation and integrations continue to support SecurityScorecard's rapid growth and evolving business needs.

With Sage Intacct, we priced and billed a sophisticated new offering to drive our growth.

Terry Nwosuocha
Vice President-Corporate Controller

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