Case Study: MarketSphere Consulting reduces operating costs with Cargas and Sage Intacct

MarketSphere cuts month-end close by 1.5 days with Cargas

MarketSphere Consulting, a holding company with multiple niche business units, faced a challenge after divesting its largest enterprise. Their legacy accounting system was too complex and expensive to maintain and could not effectively handle financial reporting for their new multi-entity structure. They partnered with vendor Cargas to implement Sage Intacct accounting software.

Cargas implemented Sage Intacct, providing MarketSphere with a versatile, cloud-based platform. The solution reduced the month-end close process by over a day and cut operating costs in half compared to the previous system. The vendor's implementation provided all business units with real-time data dashboards for better decision making and freed the CFO to focus on company growth.

MarketSphere Consulting