CFO Rapid Fire recently announced it has joined the Intacct-Ready Partner Program to become the premier solution, providing interactive business analytics integrated with Intacct.

In order for finance companies to take advantage of cloud computing without compromise, security is paramount. In the past few years, the volume of organized cybercrime targeting data centers and networks has seen a significant increase, making cloud-based financial analysis via the cloud risky. That’s primarily because these attacks can lead to serious financial and data loss. Major transitions in IT, such as mobility, virtualization and cloud computing, inevitably lead to increased opportunities for cyber-criminals.

Innovations also greatly expand the threat surface for organizations to defend, especially against attacks that target users and Web applications. While these technology trends provide valuable benefits, financial organizations need to think about new security controls to offset the associated risks.

At the core of the CFO Rapid Fire / Intacct-Ready module is Instalytics, which provides the first breakthrough in financial reporting in years. Analysts are no longer constrained by the traditional current year, prior year flat view of financial reporting; financial statements take on new life, allowing users to view any time period, in any format, for any account at a click of a button.

Intacct is known for helping companies develop and certify integration between their cloud computing-based applications and technologies and Intacct's cloud financial management applications.

"CFO Rapid Fire business intelligence allows users to analyze and trend all of their company's data from anywhere and at anytime,” said Meg Potts, founding partner of CFO Rapid Fire. “Partnering with Intacct is a natural extension of our goal to provide users with a 360-degree interactive experience with their business information. The ability of a company to trend its non-financial enterprise data with its accounting/ERP data is unparalleled in any other application."  The drill down capability of Intacct applies to every source of information within Intacct, including project management, project accounting and sales force automation.

"Instalytics is addictive,” added Gregory Thomas, founding partner of CFO Rapid Fire. “We're able to provide our customers with what they need to see, when they want to see it, wherever they are. As the pressure for consumerization, mobility, and by extension, cloud computing, continues to grow, security capabilities will create obstacles for finance organizations looking to implement progressive end-user resources.”