Case Study: OpSource achieves faster global close and streamlined revenue recognition with Sage Intacct

OpSource Improves Global Business Management and Streamlines Revenue Recognition with Intacct

OpSource, a Santa Clara–based SaaS/web operations provider with operations in the U.S., U.K., Ireland and India, was held back by a single-entity NetSuite setup. The finance team faced no multi-entity/multi-currency support, no Salesforce integration, and Excel-based revenue recognition—resulting in lengthy, error-prone close and consolidation cycles and limited consolidated financial visibility.

Implementing Intacct gave OpSource automated multi-entity and multi-currency management, built-in contract and revenue recognition, and a prebuilt Salesforce integration. The change cut close and consolidation from weeks to days, removed manual reconciliations and duplicate data entry, improved forecasting and reporting, enabled company-wide expense submissions, and is projected to avoid hiring 2–3 additional finance staff over the next 18–24 months.

OpSource

Keith Adams

CFO, OpSource