Leading CPA Firm N. Cheng and Company Uses Intacct to Improve Service to Not-for-Profit Clients

SAN JOSE, CA, Jul 14 (MARKET WIRE) --
Intacct, a leader in cloud financial management and accounting
applications, today profiled leading CPA firm N. Cheng and Company's use
of Intacct to gain real-time access to client data from anywhere,
improving efficiency and increasing collaboration with clients. Intacct
has also helped the firm greatly improve reporting, allowing them to
offer more strategic advice to clients looking to maximize business
success.

N. Cheng, a New York City based Financial Management Services firm,
specializes in not-for-profit, healthcare, international and government
work, but also provide services to an increasing number of educational
organizations and for-profit companies. With staff working from multiple
locations and clients spread across the U.S. and internationally, N. Cheng
needed a way to establish and maintain real-time connections with its
clients so financial information could be accessed at any time and from
any location.

From early on, N. Cheng identified that cloud computing was the future of
technology for the CPA industry and was an early adopter of Intacct. The
firm was attracted by Intacct's ability to deliver 24-hour data access,
superior reporting capabilities and support for multiple clients in a
single system. N. Cheng also knew that it didn't want to have to put forth
a lot of IT resources and budget to support a variety of on-premises
software solutions.

"We are committed to the success of our clients, so they can focus on
their commitments to those in need," said Steve Jorgensen, principal,
financial management services at N. Cheng & Company. "Intacct delivered a
way to improve our business as well as to improve the services we provide
to our clients. Since we first signed up in 2001, Intacct has helped us
reduce the time and effort it takes to complete the financial management
services we provide -- making us more productive and saving our clients
money."

Intacct's flexible, cloud-based accounting software enables instantaneous
information sharing with clients so N. Cheng can fulfill its role as a
strategic part of its clients' finance operations. For example, clients or
N. Cheng staff alike can now easily view accounts payable status and cut
checks as necessary, as all financial data resides in a central location.
This concurrent access eliminates the need for the many phone calls, faxes
and emails that were required previously to coordinate between client and
firm -- saving both N. Cheng and its clients a tremendous amount of time.
In addition to greater efficiency, this helps N. Cheng focus its efforts
on the activities that provide the most value to clients.

Since deploying Intacct, N. Cheng has also enjoyed the ability to quickly
and easily create reports that enable them to provide more strategic
advice to clients. Intacct makes it easy for staff at N. Cheng to create
reports and dashboards that reflect the real-time performance of the
clients' business. Drill-down capabilities also allow users to dig into
the data behind the reports. The Intacct applications facilitate seamless
collaboration between N. Cheng staff and their clients to ensure all
aspect of the clients' operations are optimized and meeting government
guidelines.

"Intacct has revolutionized our business, transforming us from providing
traditional after-the-fact accounting services to a leading firm of
forward thinking, proactive advisors," commented Jorgensen. "Intacct's
financial management applications give us the ability to quickly view,
understand and take action in real-time to respond to our clients'
changing business conditions. This has enabled us to increase both our
clients' and our own success."

To download a full case study on N. Cheng and Company's use of Intacct,
please visit http://www.intacct.com/downloads/NChengCompany.pdf.

Intacct Accountants Program

The American Institute of Certified Public Accountants (AICPA) and its
subsidiary CPA2Biz have named Intacct their preferred provider of
financial applications, and CPA2Biz is now the exclusive distributor of
Intacct to the CPA profession. To learn more about the Intacct Accountant
Edition or how to join the Intacct Accountants Program, please visit
http://www.cpa2biz.com/intacct.

About N. Cheng and Company

N. Cheng and Company is a CPA firm offering audit and financial management
services. Experienced, open-minded, collaborative and hard-working
personnel combined with the latest technology enables N. Cheng to provide
clients with an array of solutions designed to support specific business
needs, overall health and growth. For more information, visit
www.ncheng.com.

About Intacct

Intacct is a market and technology leader in on-demand financial
management and accounting applications. Bringing cloud computing to
finance and accounting, Intacct's award-winning applications are the
preferred financial applications for AICPA business solutions. Intacct
applications are used by thousands of businesses, from startups to public
companies and are designed to improve company performance and make
finance more productive. The Intacct system includes accounting, contract
management, revenue recognition, inventory, purchasing, vendor
management, financial consolidation and financial reporting applications,
all delivered over the Internet via Software as a Service.

Intacct is headquartered in San Jose, California. For more information,
please visit www.intacct.com or call 877-437-7765.

Intacct and the Intacct logo are trademarks of Intacct Corporation. All
other company and product names mentioned herein may be trademarks of
their respective owners.

Press Contact:
Peter Olson
Intacct
408-878-0951
polson@intacct.com
Twitter: intacct_peter

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