Shafer Solutions Joins Intacct Business Partner Program

Sage Reseller Adds Intacct’s Cloud Financial Management and Accounting Applications to Portfolio, Sees Cloud Computing as the Future

SAN JOSE, Calif. and SAN MATEO, Calif. (August 16, 2010) –

Intacct, the leader in cloud financial management and accounting applications, today announced Shafer Solutions, Inc. has joined the Intacct Business Partner Program. Shafer, a long time Sage Software partner, is adding Intacct as the first cloud computing-based applications in its portfolio. Shafer expects to leverage Intacct to capture a large share of the mid-Atlantic market for cloud-based financial applications and to expand into several new vertical industries.

Shafer Solutions, Inc. was founded in 1983 and has been a leading provider of software services in the mid-Atlantic regions since its inception. Shafer offers clients software solutions in the areas of Accounting and Business Management, Customer Relationship Management, Human Resources and Fixed Assets. In recent years, Shafer Solutions noticed a shift in the software industry toward cloud computing. With sales of traditional, on-premises software slowing and cloud computing booming, Shafer knew it needed to make the move.

“I believe strongly that cloud computing is the future of the software industry,” said Larry Shafer, Founder and Senior Partner, Shafer Solutions, Inc. “We’ve seen a marked increase in interest in cloud computing from our clients and knew we had a great opportunity to add a world class product to our portfolio to take advantage of this demand. When we looked around the industry for a new partner, Intacct really stood out as that the most channel friendly company, with the most compelling applications and the most attractive partner program that could help to take our business to the next level.”

In addition to taking advantage of the explosive growth in cloud-based applications, Shafer Solutions plans to use Intacct to expand its reach into new vertical markets. Shafer has traditionally focused on wholesale/distribution and light manufacturing businesses, as well as associations and not-for-profit organizations. With Intacct, Shafer plans to offer a cloud based alternative for its current verticals and will expand to new verticals including the professional services, technology and hospitality industries.

“We are particularly excited about Intacct’s robust cloud-based development tools that allow us to customize and extend Intacct to deliver comprehensive solutions for our clients,” added Larry Shafer. “We are very excited about the opportunity to create complete, cloud-based vertical industry solutions as a way to expand the scope of our business. We have always taken pride in providing our clients with the best applications to help them grow and succeed, and Intacct is great addition to our portfolio. This is certainly a win-win for our company and a significant opportunity to acquire new customers.”

“We’re thrilled to have a firm the caliber of Shafer Solutions join our network of business partners,” said Taylor Macdonald, vice president of Channels for Intacct. “This is an ideal time for channel partners to leverage the cloud to provide better solutions for their clients, get back to growing their own businesses, and gain much more profitable and predictable revenue streams.”

About Shafer Solutions, Inc.
Headquartered in Baltimore, MD, Shafer Solutions serves clients throughout the mid-Atlantic region with high quality, solutions-oriented business software applications including accounting, customer relationship management, and human resources information systems. For more information, please visit www.shaferinc.com or call 877-454-0039.

About Intacct
Intacct is the market and technology leader in web-based financial management and accounting applications for businesses and CPA firms. 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 cloud computing.

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

Media Contacts:

Peter Olson
408-878-0951
polson@intacct.com
Twitter:Intacct_Peter

Source: Intacct

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