Agworld was outgrowing Saasu, a small cloud-based accounting software solution, and looking at alternate options as their needs grew. In particular, they were growing internationally with the expansion to the United States and needed a cloud-based accounting solution that could address:
- Board and business unit reporting
- A complex Chart of Account structure to enable departmental reporting
- Owner’s equity to cash flow reporting
- Multiple locations in Australia and the United States
- Revenue recognition schedules
Agworld chose Leap the Pond to implement Intacct, a cloud-based accounting software solution. They utilized Intacct’s accounts payable and receivable, general ledger, order entry, purchasing, global consolidations, multi-currency, and revenue management applications. This enabled them to have more comprehensive reporting and a scalable solution that addresses global expansion.
Results that keep on Growing:
“The Leap the Pond team went above and beyond. Even with the dramatic time zone difference, they were always available and provided great insight. In addition, Intacct forced us to reconsider internal workflows and processes earlier than we envisioned.” Steve Hilton, CFO, Agworld.
Since Agworld’s implementation they have:
- Implemented dashboard reporting
- Managed their tax reporting/end-of-year financials
- Simplified and streamlined key accounting processes
- Implemented global consolidations
- Integrated Expensify
Agworld has big plans for Intacct. They are planning on redesigning their whole OE-cash workflow and connecting contracts to their CRM and integrating their digital board book. In addition, they are looking at expanding their offices to Canada and either in Ireland, Netherlands, or Germany. Intacct allows Agworld the opportunity to grow their business without worry that they’ll outgrow their accounting solution.
Agworld, a subscription based software company, is the world’s first Collaborative Farming Solution that enables growers, crop consultants, farm staff, precision specialists, and operation managers to truly work as one. Founded in 2008 and based in Australia, Agworld has offices in Perth, Australia; Windsor, Colorado, and Sacramento, California.
With Agworld, growers can create a stronger, future-ready farm business through improving their workflow communication and production efficiency. Retailers and consultants create lifelong grower engagement through improving their verification requirements and working in unison with clients from anywhere.
About Leap the Pond:
Leap the Pond delivers Sage Intacct based accounting solutions to small to medium-sized organizations that have BIG plans. Our senior leadership averages more than 20+ years of experience with accounting and operations. Since 2008, Leap the Pond has led more than 350 projects for nearly 300 companies.