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VT MAK- United States

VT MAK eliminates replication with Sage Intacct

3D simulation vendor deploys Sage software to save 40 hours a week of manual accounting and reporting work
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Inability to forecast the future

A company of the Virginia-based VT Systems, MAK needed to upgrade from an antiquated on-premises legacy accounting system. The previous solution meant a high manual workload for the accounting and finance team and didn’t provide the company the financial visibility it needed to analyse its business.

We were manually re-keying data, so we had the chance of errors being generated, and we didn’t have our information in one place.

Thomas Low
Controller

Efficiency gains really add up

Reporting is now 50% more efficient since MAK made its move to Sage Intacct, and days sales outstanding has improved by more than 20%, to roughly 80 days. That’s generating $500,000 in new cash flow available to invest in the business.

We have a plethora of actionable information that we didn’t have before Sage Intacct.

Thomas Low
Controller

Evidence-based business decisions

With the new efficiencies in accounting and reporting, MAK has eliminated 40 hours a week of manual work — the equivalent of a full-time employee on the four-person finance team. The team can now function as a more strategic partner to the business by taking advantage of robust dimensional reporting in Sage Intacct.

Sage Intacct gives us actionable information to quickly make evidence-based business decisions, and that’s incredibly powerful.

Thomas Low
Controller