Case Study: Talix achieves a 5x faster close and $3M in new cash with Sage Intacct

Talix ensures its finances are in rude health with Sage Intacct

Talix is a fast‑growing San Francisco–based SaaS healthcare IT company that converts complex patient data into risk adjustment and quality insights for providers and payers. After 200% revenue growth in 2018, its 50‑person company outgrew QuickBooks and Excel, struggling with manual billing and revenue recognition, limited visibility into product‑level profitability, and a slow, error‑prone month‑end close.

By deploying Sage Intacct for financials and Adaptive Insights for planning, Talix automated billing and ASC 606 revenue recognition, gained granular reporting, and built five‑year forecasts tied to business drivers. The finance team cut the close from three weeks to four days, reduced deferred‑revenue work and billing from days to hours, shrank DSO from five months to 45 days (yielding $3M in year‑end cash), accelerated forecasting, and supported successful investor fundraising — all with a lean three‑person finance team.

Talix

Ashmi Shah

SVP Finance