Intacct Announces Cloud Wins in Financial Space
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Intacct, a provider of cloud financial management and accounting applications, announced that Tendras Business Advisors, a Microsoft Certified Dynamics GP Partner with roots in Michigan and surrounding states, has joined the Intacct Business Partner Program. Tendras is adding Intacct to its portfolio because many of its customers and prospects are indicating a preference for new cloud computing-based applications over older on-premises software from vendors such as Microsoft and Sage.
Prior to partnering with Intacct, Tendras focused exclusively on delivering traditional on-premises ERP solutions for business and financial management based on Microsoft Dynamics GP (Great Plains). According to Tendras, while these solutions are powerful, they require a significant investment in servers, infrastructure and technical support to run and maintain. On the other hand, cloud-based systems like Intacct are completely housed and maintained by the vendor and delivered in an affordable "pay as you go" subscription model that provides a significantly lower TCO and a better return on investment.
"On-premises accounting systems haven't significantly changed in the past decade and still require a lot of work on the back-end," said Howard Rabotnick, president of Tendras Business Advisors.
Tendras clients are typically fast-growing startups and midsized companies with limited IT resources, so the cloud computing model is appealing.