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CPA Technology Advisor just completed their 2008 reviews of leading mid-market financial management and accounting applications and I'm pleased to report that Intacct earned a perfect score and a five-star rating. Intacct received perfect 5.0 scores across all six categories that were reviewed:

• Ease of Use/Transaction Entry
• Modules & Notable Features
• Integration/Import/Export
• Reporting
• Support/Training/Help
• Relative Value

You can read the full review of Intacct here.

I'm particularly proud of these results because this was a head to head review against some of the top selling, most mature on-premises financial applications - Microsoft Dynamics GP, Sage, and QuickBooks Enterprise - and Intacct received the best possible score. Given that financial management and accounting is one of the most complex and most mature categories in the software market, I think it's a nice milestone that SaaS applications like Intacct are being recognized in reviews like this as having reached functional parity with or surpassed the on-premises leaders, some of which have been in development for as long as 30 years.

It wasn't too long ago they said this couldn't be done. Michael Saylor, CEO of MicroStrategy and Harry Debes, CEO of Lawson are still saying this today. When you combine great SaaS applications that can compete head to head with the best of the best on-premises alternatives with the compelling low-cost / low-risk economics, rapid innovation and customer-centric focus that SaaS brings to the table, you can see why Intacct and the other SaaS leaders are growing so quickly - It's just a better way to run your business.