Software company manages growth by implementing cloud-based financials
Read this case study to learn how HCSS managed rapid growth and innovation by implementing cloud-based financials.
Client background
Since 1986, HCSS has been developing software to help construction companies streamline their operations. Today, the company is recognized as a pioneer and leader in the market, serving thousands of construction companies across the nation. Year after year, HCSS continues to innovate, refine and expand their products as the industry evolves.
After a rigorous software evaluation, HCSS chose Baker Tilly over other cloud (and on-premises) solutions as the best fit to meet the needs of the business.
Maria Hernadi, Controller, HCSSWith Baker Tilly, we've found a cloud-based product that can provide us with a native Salesforce integration as well as the ability to manage our subscription billings, projects and inventory, and it will prepare us for the ASC 606 revenue recognition changes that are coming.
The business challenge
- While the company uses Salesforce for CRM, it wasn't integrated with their finance and accounting systems
- The finance and accounting team described their processes as “reactive” not “proactive”
- There was limited visibility and transparency in the reporting from the accounting system
Maria Hernadi, Controller, HCSSWe're excited to work with Baker Tilly - they're one of Sage Intacct's top partners and have a lot of experience with Sage Intacct's more sophisticated modules.
Strategy and solution
- HCSS will see increased visibility with flexible financial and business reporting that includes both financial and operational performance metrics
- Improved decision-making by analyzing performance according to the organization’s unique business drivers enabled by dimensions
- Baker Tilly's Salesforce integration will save time and reduce errors by eliminating duplicate data entry between finance and sales, and increase sales team effectiveness with greater visibility into the financial impact of their activities
- HCSS will be able to grow without having to add headcount by streamlining new entity set-up
- HCSS now has multibook accounting, allowing insight into revenue recognition using both legacy and ASC 606 rules