Icono de lupa

Columbia Care - United States

Columbia Care reaps efficiency gains with Sage Intacct

Manufacturer and provider of medical and adult cannabis use improves overall finance team productivity by 30% with modern financial solution from Sage

Supporting explosive growth with mature financial processes

With licenses across the U.S. and EU, Columbia Care operates separate legal entities for its manufacturing, distribution, and shared services arms. This complexity—along with rapid growth— put a significant burden on the finance team, who were using multiple instances of QuickBooks. Ahead of its stock offering and continued expansion, the team sought a more robust system.

Sage Intacct helped tremendously with our rapid growth as a public company. The sophisticated financial controls help us integrate and monitor new acquisitions.

Mike Livingstone
Vice President & Corporate Controller

Workflow automation drives 30% efficiency increase

Overall, Columbia Care’s finance team has increased efficiency by 30%, thanks to drastic improvements in accounts payable workflows and cost allocations, along with streamlined feeds that pull data from their point of sales systems into Sage Intacct. At the same time, Intacct’s report writing features eliminate the need for manual EBITDA or other calculations.

Sage Intacct’s user-friendly reporting has been a big win for us, since we can immediately flag errors or issues, and know everything is mapped correctly.

Mike Livingstone
Vice President & Corporate Controller

Multi-dimensional visibility improves financial health transparency of the business

Sage Intacct provides valuable multi-dimensional visibility that supports stakeholders across the business. With easy-to-use tags on each transaction, Columbia Care can slice and dice management reports for various locations and departments.

Sage Intacct’s drill-down features help ensure the entire organization can understand the financial health of each line of business.

Mike Livingstone
Vice President & Corporate Controller