Forward-thinking since its inception, Voltage Security realized that it would gain the greatest value from allocating its precious in-house resources - for example, servers, IT administration, training and IT support + to customer-facing rather than internal initiatives. This meant finding a hosted solution for the company's financial management needs.
This solution would need to be scalable because Voltage Security has ambitious growth goals. They did not want to have to migrate to a more robust solution as Voltage Security fulfilled those goals - for example, with the addition of international subsidiaries.
Critical to Voltage Security, Sage Intacct financial management applications are on-demand. This Web-based access is the most cost-effective and flexible way for Voltage Security to provide its staff with anytime, anywhere access - an important consideration for a company whose staff includes telecommuters and road warriors.
Voltage Security also values Sage Intacct's reporting capabilities. At the end of each month, the finance department creates several reports, including income and expenses, cash flow and other financial statements for its own use. In addition, it generates budgetary analyses that it shares with other departments in the company such as Engineering, Marketing, Sales, QA and Services.
Support for multiple entities is another key strength of the Sage Intacct solution. This allows Voltage Security to consolidate financial results from its international subsidiaries with automatic translation from their local currencies into U.S. dollars.
Just as important, by alleviating the need for Voltage Security to support a financial management solution in-house, Voltage staff is now free to focus on more strategic concerns that either serve customers directly or generate higher value for the company in other ways.
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