Introducing a New Blog Sponsor - Intacct

We were waiting for them to release their quarterly results, and now that they have, I am pleased to welcome Intacct as a sponsor to the blog. 

Given the disruption theme of the blog, readers should have noticed increasing focus in this blog on SaaS (Software as a Service) and Cloud Computing. Intacct, headquartered in San Jose, CA has exemplified SaaS before the term became popular. Fittingly, it is the only on-demand financial management solution seamlessly integrated with salesforce.com, another SaaS pioneer.

Intacct functionality automates key business processes from order entry through cash collection and procurement through vendor payment.

Now about its quarter - it was a record one with new business increasing nearly 80% in Q1 of FY2009 (calendar Q3) over the same period last year.  So far, Intacct does not appear to have seen a major slow down in their business from the tightening economy. Indeed, Intacct executives feel they are now more appealing due to the attractive economics of a SaaS delivery model and the heightened need for SMBs to have better financial visibility. 

It's good to have them join the gallery of innovators and disruptors who sponsor this and the New Florence. New Renaissance blog