Intacct Extends XML Developer Kit to Partners

Intacct Web-based Accounting Service Extends XML Developer Kit to Potential Integration Partners

Leading provider of enterprise-class online accounting offers first full accounting-based XML kit service to ease integration process

July 9, 2001 (Los Gatos, Calif.)—Intacct Corporation, the leading provider of enterprise-class online accounting, today announced the launch of the XML Developer Kit, part of its XML partner integration program.

The XML Developer Kit (XDK), which is available for a nominal fee to Intacct’s E-Practice and other channel partners, is designed to streamline the integration of third-party web-based business services with Intacct’s online accounting and auditing solutions through the publication of Intacct’s standards-based XML application programming interface.

XML, or eXtensible Markup Language, is an enhancement to the Web’s ubiquitous HTML coding that enables web-based applications to automatically exchange and make sense of specially tagged data without requiring customized data integration. Intacct was the first company to use XML to fully integrate an auditing module (co-developed with Big Five accounting firm, Deloitte & Touche) and a payroll application with a professional accounting system.

“We are convinced that XML is the Rosetta Stone of web-based services,” remarked David Thomas, CEO of Intacct, in launching the XDK. “ By enabling critical business applications to seamlessly talk with one another in ways never before possible, we are hastening the emergence of the fully connected enterprise.”

Intacct’s partners and clients have found the XML integration process to be a smooth and virtually painless one.

“Many companies talk about XML, but Intacct has more than delivered on their promise,” commented Jon Finegold, Director of Business Development at Boston-based OpenAir.com, Inc., an Intacct application partner and leader in web-based professional services automation solutions. “Intacct provided both a superb, well thought out XML development kit and, more importantly, a top-notch team to collaborate with on launching our fully integrated solution.”

"We found the implementation of the XML SDK to be easy and intuitive with plenty of sample transactions,” concluded Mark Bench, Senior Internet Analyst for CBS Payroll, another Intacct application partner and provider of leading-edge employer services to U.S. businesses. “ Each XML API is consistent in structure and naming convention. The error checking of XML documents at the gateway is very thorough and complete."

"The Intacct XML Gateway does third party integration the way every engineer knows it should be done,” added Jason Coverton, Technical Director for Intralight of Orem, Utah, an Intacct E-Practice partner and leader in end-to-end retail automation and services. “With most integration projects, we often feel like we're moving 20 years into the past. With Intacct, we were able to see how the entire system fit together very quickly. They took care of all of the Meta data mapping for us.”

Added Johannes Jaskolski, Founder & VP Technology of Connecticut-based PRMSoft, another Intacct E-Practice partner and a developer of patient relationship management solutions, "Working hand-in-hand with true professionals, and attaining our common goal by enabling rapid application integration via XML technology, sets Intacct apart from the rest."

XDK Benefits

To accelerate the application integration process, Intacct’s XML Developer Kit includes five hours of consulting time with Intacct’s XML development team, who systematically evaluate partners’ integration needs and then advise them on the best strategy for meeting these needs. E-Practice and channel partners are also provided with an XML Gateway account on Intacct servers, and a demo, or “sandbox,” company to perform a trial integration. Additionally, the XDK includes comprehensive support documentation through custom Intacct publications including, The Intacct XML Library and Using the Intacct XML Gateway.

About Intacct Corporation www.intacct.com

Intacct Corporation is the leading provider of enterprise-class online accounting. The Intacct accounting system is designed for companies that need more than an entry-level PC-based accounting package but want an alternative to complex, IT-intensive client/server solutions. In addition to its core accounting functionality, the Intacct system also includes Intacct Audit, co-developed with Deloitte & Touche. Offered on a monthly subscription basis, the Intacct accounting system can be accessed via any current web browser.

Intacct is headed by accounting software pioneer David C. Thomas, developer of one of the first PC-based accounting systems. The company is funded by Goldman Sachs & Co., Deloitte & Touche LLP, Hummer Winblad Venture Partners, JK&B Capital, Matsushita Electric Industrial Co. Ltd., and Caltos Capital LLC.

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Note to editors: additional partner and customer quotes are available.

For Intacct Corporation:
Wendy Bednarz
Intacct Corporation
(408) 395.7549
pr@intacct.com

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