Case Study: VelocityEHS achieves faster growth and financial automation with E2B Teknologies and Sage Intacct

Robust, Cloud-Based ERP Supports Ongoing Growth For VelocityEHS

VelocityEHS, a leading provider of cloud environment, health, and safety software, was challenged by its rapid growth through acquisitions. Their existing financial system, QuickBooks, could no longer handle the increasing transaction volume, multi-currency complexities, and the stringent reporting compliance required of a public company. They needed a robust, cloud-based ERP to support their expansion, leading them to partner with e2b Teknologies to implement Sage Intacct.

The solution from e2b Teknologies automated key financial processes including revenue recognition, payment entries, and collections using Sage Intacct. This eliminated 20,000-line spreadsheets and saved over three weeks of manual work each month, allowing the company to speed up its monthly close by three days and avoid approximately $160,000 in annual staffing costs. The software's dimensional reporting also provided critical financial transparency for better decision-making and SOX compliance.

VelocityEHS

Heather Norum

Director of Accounting