Two July Wins to Note

Pleasantrees

Pleasantrees is a Michigan based, multi-state Cannabis cultivator, extractor, processor and dispensary. With recent locations opening in both Michigan and further expansion to Massachusetts, Pleasantrees has chosen Sage Intacct to grow with.

 

Current Situation

The team has been utilizing QuickBooks since the company started in 2018 had outgrown it just about every way. With organizational additions underway and large plans for continuing their growth pattern the goal the company needed a software to leverage.  The goal was looking to find a cloud based solution to all of their manage entities and get away from the manual financial and operation processes that were in place. Overall the goal was to get to a better, more modern position. Along with QuickBooks, the team was leveraging an extensive amount of spreadsheets, and other manual and time consuming efforts for all financial functions.

Problem(s)

The reliance upon a software that no longer fit the business model, and manual processes across the organization was creating an unnecessary amount of error-prone processing that would not facilitate the growth that the startup was projecting.

Impact(s)

The impact of these issues was creating unnecessary amounts of extra work on the very lean team. Along with this looking for a cloud based solution and to no longer have a server was a big initiative. These issues were only going to continue more so to negatively impacting their ability to grow and would not allow them to capitalize on all the upcoming opportunities that will be presenting themselves.

Ideal Situation

They wanted a true cloud solution that would work for their needs now as well as quickly be able to meet their changing needs.  Extensive financial reporting and visibility into all aspects of the multi-entity driven company and their various funds are a crucial need to be able to project current standings and upcoming to their investors.

Benefit(s) of Change

The team is moving to a much stronger and more efficiently solution for quicker access to all financial functions. Intacct’s deep abilities in all financial reporting is really what made them feel this a solution that will grow with them.

 

 

Klutch Cannabis

Klutch Cannabis is a Ohio based, multi-state Cannabis cultivator, extractor, processor and dispensary. With 3 new locations opening in Ohio and further expansion plans in the works, Klutch has chosen Sage Intacct to grow with.

 

Current Situation

The team has been utilizing QuickBooks and Bill.com and recently came into issues with the platforms.  Their plans for growth and recent news of approval for two new state awards licenses confirmed their need for a software and partner to leverage.  Overall the goal was to get to a better, more modern position with Sage Intacct, and leverage e2bteks integration abilities to make a more well-rounded solution. Along with QuickBooks, the team was leveraging an extensive amount of spreadsheets, and other manual and time consuming efforts for all financial functions.

Problem(s)

The reliance upon manual processes across the organization was creating an unnecessary amount of error-prone processing that would not facilitate the growth that the startup was projecting.

Impact(s)

The impact of these issues was creating unnecessary amounts of extra work on the very lean team. These issues were only going to continue to grow as they do, and to negatively impacting their ability to scale. Overall it would not allow them to capitalize on all the upcoming opportunities that will be presenting themselves.

Ideal Situation

They wanted a cloud solution that would work for their needs now as well as quickly be able to meet their changing needs.  Extensive financial reporting and visibility into all aspects of the multi-entity driven company and their various funds are a crucial need to be able to project current standings and upcoming to their investors.

Benefit(s) of Change

The team is moving to a much stronger and more efficiently solution for quicker access to all financial functions. Intacct’s deep abilities in all financial reporting is really what made them feel this a solution that will grow with them.

 

 

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