Payback: 8 months
Average Annual Benefit: $47,039
We at Synergy, often speak of the strategic value a company should derive from a new financial management and project accounting system. Beyond tactical value—changes like new functionality and integration—new software should deliver improved productivity, reduced operational costs, a good Return on Investment (ROI), increased customer satisfaction, and capability for growth, among other benefits.
In this case study, Nucleus Research (an independent technology evaluator) tracks Canto’s (a technical professional services firm) deployment of Intacct cloud accounting to replace its existing on-premise ERP solution. The results? Canto realized a superior ROI, payback of their software and services expenditures in only 8 months, and an average annual benefit of $47,039! These numbers are a direct result of Intacct enabling them to reduce IT costs, increase revenue recognition efficiency, increase productivity of employees, and improve data management.
To learn the details of Canto’s major challenges, key benefits from Intacct, and how Nucleus Research calculated the ROI, download the full Intacct/Canto ROI Case Study.
Keep in mind, this still doesn’t quantify the full benefits. As the report states, “Not quantified was the additional benefit Canto received from having better management visibility into current operational data for decision making.”