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New Web-Based Solution Gives Businesses Greater Financial Insight, Improved Cash Flow and Increased Productivity

Intacct Corporation, the leader in on-demand financial applications, and National Bank of CaliforniaA yesterday introduced the first integrated on-demand financial management and banking services for small and midsize businesses. The Web-based solution enables mid-market companies to automatically exchange information between Intacct's accounting and supply chain software suite and National Bank of California's electronic banking services. The new service is immediately available.

Integrating business processes for managing payables and receivables with banking services allows businesses to eliminate time-consuming administrative duties, enhance cash flow and gain real-time insight into their finances.

"The new solution we are jointly taking to market addresses customer needs by automating the process of exchanging accounting and banking information, thus helping our mutual customers reduce administrative costs and manage cash more wisely," said Robert J. Jurkowski, CEO and president of Intacct. "Through our strategic relationship with National Bank of California, we are able to help Intacct customers realize additional value from their on-demand financial application investments."

PRESS RELEASE

Also, see Phil Wainewright's blog post, So much more that software, as a service...

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