Case Study: Halstatt Real Estate Partners achieves streamlined finance and $100K annual savings with Sage Intacct

Sage Intacct proves a winning investment for Halstatt

Halstatt is a 110-year-old, family-owned investment firm managing real estate, private equity, venture capital and other assets. As the firm grew, its legacy Microsoft Dynamics GP system and spreadsheet-driven processes became a bottleneck—requiring a seven-person accounting team, taking 80–100 hours to produce consolidated reports and valuations, causing server downtime and blocking timely, data-driven decisions.

Halstatt moved to Sage Intacct (with integrations like Nexonia and FloQast), automating core accounting and budgeting processes. The change cut report generation from hours to minutes, sped the monthly close by 65%, and improved finance efficiency by 60%, enabling valuation reporting quarterly. The firm reduced its accounting team to two (about $1M in annual salary avoidance), saved roughly $100K a year in audit and prep costs, and freed time that helped enable a $26M investment and continued growth in assets under management.

Halstatt Real Estate Partners

Amanda Goebel

Senior Accountant