Halstatt Succeeds with Intacct

  

Halstatt Real Estate Partners uses Intacct Continuous Consolidation to reduce manual financial reporting from 100 hours to minutes!

Haltstatt is a family owned Wealth and Real Estate Management fund and investment firm (real estate, private equity and public securities) that had a desperate need to Reduce Manual Financial Reporting and eliminate inefficient monthly-end processes. It has less than $1 billion in assets under management (AUM) and has a holding company plus five entities. Before switching to Intacct, Halstatt was using Microsoft for accounting and Excel or consolidation and analytics. With Intacct, they have attained quantifiable benefits including:

  • Time reduction from 100 hours to minutes
  • Significant cost comparison vs. other members of Fox Family Exchange
    • 90% reduction using cloud-based vs. on-premises which is a fully loaded cost
    • Head count is 30% vs. others
  • Check cutting costs reduced from $36 to $3.96

 

     

Halstatt strives to reduce manual financial reporting | Drives business forward Listen to Jason Gabauer of Halstatt in this exclusive interview with Intacct on how cloud accounting has changed the way they do business. 
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Wealth Management by the Numbers