Latest news with #SageIntacctMarketplace
Business Wire
4 days ago
- Business
- Business Wire
RightRev Partners with Sage and Launches Sage Intacct Integration, Providing Advanced Revenue Recognition for Finance Teams
ROSEVILLE, Calif.--(BUSINESS WIRE)--RightRev, a leader in automated revenue management, today announced a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses. As part of the collaboration, RightRev's revenue automation platform now integrates with Sage Intacct, providing a seamless flow of revenue data into Sage Intacct's General Ledger to improve accuracy and efficiency. 'With this integration, finance teams can streamline revenue recognition workflows and gain real-time visibility into financial performance—without manual data transfers or reconciliation headaches,' said Jagan Reddy, CEO and founder of RightRev. Share RightRev's solution automates performance obligation tracking, contract modifications, standalone selling price application and allocation, and revenue recognition, while Sage Intacct provides a powerful and flexible general ledger designed for modern finance operations. Together, the integrated solution enhances financial accuracy, audit readiness and operational efficiency. Key benefits for joint RightRev and Sage Intacct customers include: Seamless Data Flow: Revenue journal entries flow automatically from RightRev to Sage Intacct's General Ledger—no manual exports or reconciliations required. Enhanced Accuracy and Compliance: Automation reduces the risk of human error and supports full compliance with ASC 606 and IFRS 15. Faster Time-to-Value: The pre-built integration accelerates deployment and shortens implementation timelines. Shortened Accounting Close Cycles: Automating revenue data eliminates bottlenecks, giving finance teams more time for review, analysis and strategic insight. Audit-Ready Transparency: Journal entries are fully traceable, reinforcing internal controls and simplifying audits. The integration is now available on the Sage Intacct Marketplace for all U.S. Sage Intacct users, making it easy to connect RightRev's robust revenue automation engine with their existing Sage Intacct environment. 'We're excited to welcome RightRev to the Sage Intacct ecosystem,' said Brittany Farquar, Director Corporate Affairs at Sage. 'This integration adds powerful revenue recognition capabilities that help our joint customers automate complex accounting processes, reduce risk, and accelerate financial close. Together, we're delivering a more seamless and scalable experience for finance teams managing compliance and growth.' 'With this integration, finance teams can streamline revenue recognition workflows and gain real-time visibility into financial performance—without manual data transfers or reconciliation headaches,' said Jagan Reddy, CEO and founder of RightRev. 'We're excited to deepen our relationship with Sage and deliver joint value to high-growth organizations navigating complex compliance requirements.' Customers can learn more on the Sage Intacct Marketplace and see the integration in action at Sage Future, where RightRev, a Gold Sponsor, will be providing live solution demos at booth 63, June 3–5 in Atlanta. About RightRev RightRev is a comprehensive platform to automate revenue management. The solution helps businesses streamline, recognize, report, analyze and comply with revenue standards. With a focus on speed, accuracy, and efficiency, the company continues to enhance its platform with artificial intelligence (AI) and new capabilities that simplify data migration, implementation and third-party integrations. Trusted by large enterprises and growth-stage companies across many industries, RightRev empowers finance teams to manage complex revenue scenarios and drive strategic growth. Founded in 2020, RightRev has raised more than $31 million from investors that include Norwest Venture Partners, Salesforce Ventures, Snowflake Ventures, Innovius Capital and Cheyenne Ventures. For more information, visit .
Yahoo
31-03-2025
- Business
- Yahoo
LLumin CMMS+ Achieves "Sage Intacct Recommended" Status for Delivering Seamless Maintenance and Financial Integration
New Integration Eliminates Data Silos, Drives Manufacturing Efficiency SPRINGFIELD, Mass., March 31, 2025 (GLOBE NEWSWIRE) -- LLumin, the leading CMMS (computerized maintenance management system) provider, announces the integration of its best-of-breed asset maintenance software with Sage Intacct, the powerful cloud financial management system and trusted software provider for small and mid-sized businesses (SMBs) in industrial manufacturing and automation. Having joined the Sage ERP Partner Ecosystem, LLumin's CMMS+ integration with Sage Intacct has earned 'Sage Recommended' status and secured a new member listing on the Sage Intacct Marketplace. 'Achieving a single source of truth is crucial for any organization, especially manufacturers striving for peak operational efficiency. The integration of LLumin CMMS+ with Sage Intacct, including our newest AI-powered features, provides manufacturers with a unified platform that eliminates data silos and enables informed, data-driven decision-making, resulting in improved maintenance and asset management,' stated Dan Miller, EVP Financials and ERP Division at Sage. This robust integration allows for a seamless flow of information between maintenance and finance, including intelligent time tracking and financial oversight. The software's versatility makes it ideal for managing a wider range of assets, including facilities, fleets, and infrastructure. 'This integration isn't just about fixing problems; it's about preventing them. LLumin CMMS+ and Sage Intacct together enable manufacturers to proactively manage assets, minimize disruptions, and gain a decisive operations competitive edge, all while optimizing their financial performance," said Ed Garibian, LLumin Ed Garibian, LLumin CEO. The powerful rule-based workflows and automated work order generation in CMMS+, provides manufacturers the right approach to optimize maintenance operations, reduce downtime, and extend asset life. The CMMS + integration with Sage Intacct delivers a seamless connection between maintenance operations and financial records, providing such significant benefits to customers as: Streamlined Spare Parts Management: Leverage LLumin's best-in-class spare parts inventory and procurement capabilities to ensure accurate stock levels and timely reordering. Elimination of Duplicate Data Entry: Automatically sync invoices for spare parts between LLumin CMMS+ and Sage Intacct, reducing manual input and minimizing errors. Improved Financial Accuracy: Ensure consistency between maintenance operations and financial records by seamlessly integrating procurement data with Sage Intacct's accounting system. Enhanced Efficiency: Save time and resources by automating workflows between maintenance and finance teams, improving overall operational more information about LLumin CMMS+ and its integration with Sage Intacct, please visit About Sage Sage exists to knock down barriers so everyone can thrive, starting with the millions of Small and Mid-Sized Businesses served by us, our partners and accountants. Customers trust our finance, HR and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology and experience to tackle digital inequality, economic inequality and the climate crisis. For more information, visit Sage. About LLumin: The team at LLumin possesses decades of experience in the CMMS software industry, managing fleet, facilities, and industrial machinery for all industries. Having developed CMMS+ as a IOT and Industry 4.0 first Asset Performance and Maintenance Management solution suite, the software delivers ROI by improving Asset Uptime and OEE levels, lowering MTTR metrics, and extending the life of asset lifecycles. For more information, visit Media Contact: Valerie Harding,Ripple Effect CommunicationsEmail: valerie@ 617-536-8887 A photo accompanying this announcement is available at in to access your portfolio
