Case Study: VDX.tv automates global consolidation and revenue recognition with Alta Vista Technology and Sage Intacct

VDX.tv automates consolidation across 14 entities with Alta Vista Technology

VDX.tv, a global video advertising technology company also known as Exponential Interactive, Inc., faced significant challenges with its outdated on-premise accounting system, Microsoft Dynamics Great Plains. The system caused latency for their international team, required manual consolidation across 14 entities, and lacked automation for complex processes like ASC 606 revenue recognition. Seeking a cloud-based solution to gain real-time visibility and efficiency, they turned to vendor Alta Vista Technology for a modern financial system.

Alta Vista Technology implemented Sage Intacct, a cloud-native financial platform, to automate VDX.tv's core processes. The solution provided automated multi-currency consolidation, streamlined bank reconciliations for five global banks, and delivered the critical automated revenue recognition capability. As a result, the finance team gained real-time visibility through custom dashboards, enabling faster, data-driven decisions and ensuring business continuity during a system failure of their old platform.

VDX.tv (Exponential Interactive, Inc.)