Case Study: MarketSphere Consulting achieves real-time financial visibility, faster month-end closes, and 50% cost savings with Cargas' Intacct implementation

Simplifying Technology With MarketSphere And Cloud Accounting

MarketSphere Consulting, a lean holding company with five business units, faced accounting challenges after divesting its largest enterprise business: its legacy on‑premise system was too complex, costly, and not configured to report across multiple entities. Seeking an intuitive, multi‑entity solution, MarketSphere selected Intacct cloud accounting and engaged Cargas to execute the implementation and help them learn and configure the system.

Cargas implemented Intacct’s cloud solution—leveraging project accounting, revenue recognition, order management, multi‑entity support, and open APIs—delivering real‑time dashboards, streamlined processes, and greater visibility. As a result, MarketSphere’s month‑end close shortened by about a day to a day and a half, operating costs fell to roughly half of prior expenses, and the finance team gained flexibility for amortized and time‑and‑materials billing; Cargas continues to support MarketSphere through a Level 2 agreement.

MarketSphere Consulting

Brian Myers

Chief Financial Officer