Intacct is expanding its Web-based accounting software and changing the pricing in an effort to draw away more customers from QuickBooks and NetSuite.
The company has reduced the entry-level pricing for small businesses to $400 per month, down more than 50 percent from $10,000 a year, according to senior vice president Dan Druker.
The company is also developing its reseller channel, trying to coax away both CPA firms and resellers of competing software by promising better uptime for its online products. "We achieved 100 percent uptime through the entire fourth quarter," said Druker. "You can't get much better than that."
Intacct is also making deals with partners to build its capabilities.
The latest release, Intacct Winter 2009, integrates with QuickArrow's online professional services automation software through Intacct Max for QuickArrow, as well as Salesforce.com's Web-based customer relationship management software.
In addition, the company is adding multinational features with Intacct Global Consolidations to handle various currencies and do consolidations across multiple entities around the world. "It rolls up the information at the regional and corporate level," said Druker. "You can drill down into any detail in any currency and run reports for any business."
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