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@CloudExpo: Press Release

Intacct and SCORE Joined to Bring Cloud Computing to Small Businesses

Endorsements of Cloud Computing by both the Obama Administration and the American Institute of Certified Public Accountants

"Small and mid-sized businesses can use cloud computing to actively manage their financial performance by becoming continuously aware of their financial position and collaborate with trusted CPA advisors to make the best possible business decisions," said Erik Asgeirsson, president and CEO of CPA2Biz. "We are very excited to connect thousands of AICPA member firms with both Intacct and SCORE to help SCORE's clients become more profitable and productive."

SCORE, source of free and confidential small business advice for entrepreneurs, and Intacct, a cloud financial management and accounting applications, on Monday announced an exclusive partnership that will benefit SCORE and the more than one million businesses SCORE helps to start and grow every year.

Intacct and SCORE have joined forces to support SCORE's mission of facilitating entrepreneur education and the formation, growth and success of small businesses nationwide. Intacct and SCORE will work together to educate small businesses about the benefits of adopting "cloud computing" – including increased productivity, heightened agility, reduced costs, and increased transparency – vs. installing old-style on-premises software. These benefits have also led to the endorsement of cloud computing by both the Obama administration and by the American Institute of Certified Public Accountants (the AICPA).

The new Intacct and SCORE partnership will also leverage Intacct's existing relationship with the AICPA, which helps small and mid-sized businesses adopt cloud computing and connect with more than 45,000 AICPA member CPA firms to improve financial performance, take better advantage of financial advice and make better and faster business decisions.

SCORE has also selected and will standardize on Intacct as the new financial management and accounting system for its headquarters and for its more than 350 chapters throughout the United States and its territories. SCORE chose Intacct after an extensive evaluation of leading financial management and accounting applications.

"SCORE is thrilled to partner with Intacct to help improve the financial performance of our own organization as well as the more than one million businesses we work with," said Ken Yancey, CEO of SCORE. "Intacct is a clear leader in cloud financial applications and I'm pleased they have stepped forward to help small and mid-sized businesses advance towards financial success."

"We at Intacct are delighted to be in a position to support SCORE's mission of educating entrepreneurs and helping small business start, grow and succeed nationwide," added Robert Reid, CEO of Intacct "Intacct and cloud computing are a perfect fit to help SCORE and its clients improve productivity, increase transparency and reduce costs."

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