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Intacct was founded by Odysseas Tsatalos and David Chandler Thomas in 1999 as one of the first accounting applications for the cloud. [7] The company was headquartered in San Jose, California, grew organically and offered a suite of accounting software that could serve medium and large-sized businesses with consolidated ERP, and e-commerce features.
Some reasons cloud accounting software is preferred by users is there is no need to worry about maintenance or hardware system upgrades, it can reduce overall costs, and that a user can gain access from multiple locations. One of the primary reasons cloud accounting software is not being used is the threat of the security of the data. [7]
Oracle Cloud Enterprise Resource Planning is a cloud-based ERP software application suite introduced by Oracle Corporation in 2012. [2] Oracle ERP Cloud manages enterprise functions including accounting, financial management, project management, and procurement.
The Xero accounting software uses a single unified ledger, which allows users to work in the same set of books regardless of location or operating system. [26] It provides automatic bank feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, bank reconciliations, and standard business and management reporting.
eFileCabinet is a SaaS-based company headquartered in Lehi, Utah, selling document management software to manage and store documents, content, and records, either on-site or in the cloud. [1] [2] It was founded in 2001 by James Blaylock to serve clients in the accounting industry where Blaylock worked before founding the company.
Eagle provides portfolio management, data management, [4] [5] investment accounting and performance measurement software to financial institutions. [6] [7] [8] The company uses a secure private cloud called Eagle Access [9] to host and provide ongoing support of the applications and systems infrastructure, thereby helping to reduce complexity and risk.
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