SAN JOSE, Calif. – Aug. 19, 2010 – Avectra and Intacct announced today a partnership that delivers an integrated, end-to-end business management solution tailored to the unique needs of member-based organizations. Under the agreement, the companies have integrated Avectra’s netFORUM Pro association management system (AMS) and Intacct’s cloud computing-based financial management system and will join forces to market and sell the combined solution. The best of breed combination optimizes and automates two critical systems for busy association executives, addressing the end to end lifecycle around membership management.
The integration between Avectra and Intacct reduces errors by eliminating the manual entry and re-keying of data and the need for batch-processing between the two systems – resulting in increased productivity and optimized processes for managing the organization’s finances. With the combination of two industry leading cloud-based systems, association managers have real time visibility into their finances and can better streamline billing processes and more efficiently recognize revenue from membership dues, e-Commerce purchases and other transactions.
“Avectra clients rely on us to deliver solutions that make it easy to manage their technology and deliver superior operational efficiencies so they can focus on managing members and programs rather than worrying about connecting and managing technology,” said Patrick Dorsey, vice president of marketing for Avectra. “Intacct’s powerful financial applications and tight integration with Avectra delivers a best of breed, integrated offering that not only makes the technology easy to manage but delivers superior business value with proven solutions.”
The Avectra and Intacct combination provides complete, end-to-end support for integrated association and financial management, delivering several key benefits:
- Greater Automation: Integrated, automated business processes across Association Management and Finance that helps membership, business unit and finance teams stay connected and coordinated for improved cross-functional visibility and alignment, and better business outcomes.
- Increased Productivity: Reduced errors and increased productivity for the Finance team by eliminating the need for manual re-keying of data between systems
- Automated Billing and Revenue Recognition: Streamlined billing, revenue recognition, and membership renewal processes
- Real Time Business Visibility: Real time financial and operational visibility and consistent insight across Sales, Marketing, and Finance
- Improved Employee Satisfaction: Easy to use, online processes for purchasing, time tracking, and employee expense management
“Cloud computing is particularly attractive to membership associations and Avectra is by far the best system on the market,” said Daniel Druker, SVP of Marketing and Business Development at Intacct. “We are delighted to welcome Avectra into the Intacct family and we are already seeing significant excitement around the combination of Intacct and Avectra from both our clients and our business partners.”
“We are excited about the combined services that Intacct and Avectra provide for member based organizations,” said Robert Green, CPA.CITP, partner at SingerLewak, a leading accounting services and consulting firm in California. “Membership management and the financial aspects associated with that process can be very time intensive and in the past has required a variety of manual processes with lots of duplicate data entry or complex, costly integration with legacy on premise systems. This delivered integration from Avectra and Intacct is going to save member associations a significant amount of time and effort through streamlined processes, and will deliver better financial and operational insight to improve decision making and drive organizational improvements that directly affect the bottom line.”
As part of this new relationship, Avectra has also joined the Intacct-Ready™ Partner Program. Under this program, Intacct partners with leading companies to develop and certify integration between their cloud-based applications and technologies and Intacct’s cloud financial management applications. To achieve Intacct-Ready status, partners support and maintain integration between their systems and Intacct, coordinate service level agreements and customer support procedures, and have a track record of successfully delivering their solutions to end customers.
For more information about Avectra’s membership management software with integrated fundraising solutions or to sign up for a free online demonstration, visit www.avectra.com/livedemo.
Both Avectra and Intacct are participating in the 2010 ASAE Annual Meeting and Exposition on August 21-24 in Los Angeles. Visit booth #417 for information regarding netFORUM and all Avectra solutions. Visit booth #209 for information regarding Intacct’s cloud financial management and accounting applications.
About netFORUM Team & Pro
netFORUM Team & Pro are Avectra’s 100% Web-based association management software solutions. With complete association management functionality, both products are designed and configured to meet association needs without the cost or complexity of customization. Avectra Social Community provides netFORUM Team and Pro customers with social networking tools designed to improve the organization’s business, recruitment efforts, member communications, and results by inspiring conversations with and between members, building long-term loyalty, and forging deeper relationships with their members.
About netFORUM Enterprise
netFORUM Enterprise is Avectra’s hosted, enterprise level association management that delivers advanced association management tools and the ability to be customized to meet the most complex business needs – all while remaining on the upgrade path.
With more than 30 modules designed for complete association management and Avectra’s on demand SaaS (software-as-a-service) model, netFORUM Enterprise is accessible at any time, from anywhere. And customers can rest assured knowing that their data is safe, as all Avectra solutions run in a secure, world-class hosting facility with complete system redundancy, fail-safe power systems and full database backup.
In addition to Avectra’s internal development and implementation resources, the company also boasts a network of implementation and industry solution partners who work with the company’s customers to implement netFORUM Enterprise or extend the system’s functionality. Some of the company’s partners include Agilutions, Core Partners, DSK Solutions, SusQtech, and Real Magnet.
For the last 16 years, Avectra has been translating our customers’ needs into market-leading association management software – whether our customers serve members by the hundreds or hundreds of thousands. Our 100% Web-based technology integrates data with business processes and then automates it, so our customers can engage members, provide access to all of their resources and get more done. Each of our solutions is continually refined by the user community, ensuring that we have the features our customers need to run their businesses and lead their industries. With ongoing, automatic upgrades that won’t disrupt service or incur additional costs, we keep our customers current with the latest technology. Avectra is headquartered in McLean, Va., with a regional office in Chicago.
To explore the netFORUM family of products, please visit www.avectra.com, or call 800-858-8272.
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.