Case Study: DFO achieves streamlined family office accounting and on-demand reporting with Sage Intacct

DFO Streamlines Its Family Office Accounting Practice

DFO is a family office that provides accounting and wealth management to ultra-high-net-worth clients and has grown from a two-person startup to a firm of more than 100 professionals. As complexity scaled across 80+ entities, QuickBooks and Excel couldn’t keep pace: consolidations took eight weeks, accounts-payable processes could involve a dozen employees, and routine vendor questions could take weeks to answer.

DFO selected Sage Intacct with CrossCountry Consulting and implemented core functionality in four months, creating a unified cloud accounting platform for AP, consolidations, and reporting. The change streamlined AP and controls, cut invoice processing costs by more than $250 per invoice, delivered real-time, drill-down reporting for executives and managers, and freed the finance team to focus on analysis and strategy rather than manual data work.

DFO

Janet Welch

Chief Financial Officer