Arxis Technology Streamlines Accounting for Legendary Entertainment

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Growing Entertainment Company gains significant efficiency, improved reporting, and unlimited scalability

Arxis Technology Streamlines Accounting for Legendary Entertainment

We’ve always known that Arxis Technology is looking out for us. They’ve scaled with us as we’ve scaled— continuing to offer the same sound, informed advice and solutions that enable us to focus more on our business , and less on our accounting software.

Arxis Technology, Inc., a technology consulting firm specializing in the implementation and support of Intacct Cloud Financials, announced that Legendary Entertainment streamlined accounting and finance for its growing, entertainment business units using Intacct ERP implemented by Arxis Technology. Legendary Entertainment is the producer of Academy Award®-winning feature films, television, and graphic novels.

Arxis, an Intacct Premier Partner and Intacct Momentum Award Winner, details the results and benefits achieved by Legendary with their help in a new case study published this week. Highlights include:

Legendary Entertainment’s results with Arxis + Intacct:

  •     With Arxis’ industry and product expertise, Legendary reduced its chart of accounts from over 1,600 accounts to just 470 by using Intacct’s dimension values, even though Legendary has acquired four companies since its Intacct implementation.
  •     Automated bank account data feed into Intacct making bank reconciliation 70% faster and now allows Legendary staff to spend that time on more strategic tasks.
  •     Legendary relies on a number of cloud-based applications including Concur, AvidXchange, and Salesforce. Intacct seamlessly integrates with Legendary’s choice of applications now and will support future additions with just a few clicks because of Intacct’s cloud-from-the-ground-up architecture.

Dino Gioia, Senior Vice President of Finance at Legendary Entertainment, called on long-time, strategic technology partner Arxis Technology when existing accounting systems began showing signs of constraints and inabilities to keep up with their growing operational complexity. Legendary chose Arxis and Intacct for a number of reasons. “We’ve always known that Arxis Technology is looking out for us. They’ve scaled with us as we’ve scaled— continuing to offer the same sound, informed advice and solutions that enable us to focus more on our business , and less on our accounting software,” said Gioia.

“I have been a customer of Arxis for about 15 years now. They’re always there. I’ve always found their advice to be amazingly accurate, very competent, and very professional. I never feel like I’m being sold something. I actually feel like they’re very interested in my business.”
Dino Gioia, Senior Vice President of Finance, Legendary Entertainment

(To hear more about what Gioia liked about working with Arxis, watch this video.)

“We saw Intacct as the best, long-term solution for Legendary Entertainment. They continue to grow, adding new business units, and now have an international presence. Those factors can complicate accounting tasks, but Intacct is designed for dynamic, growing companies like Legendary Entertainment,” said Scott Burdsall, Director of Intacct Consulting Services for Arxis Technology.

The significant growth and success facilitated by Arxis + Intacct have not gone unnoticed. Intacct recognized Legendary with a Customer Success Award for “dramatically improving business and financial operations using Intacct.”

“We have seen lots of Entertainment companies outgrowing QuickBooks and Excel as they add multi-currency and multi-location complexities. It’s important for Entertainment companies and content producers to have real-time visibility by title, location, vendor, and business unit easily, which they can’t do with QuickBooks or even legacy accounting applications. Intacct is an ideal fit for expanding Entertainment companies that need a solution to scale rapidly as they grow in size and complexity,” said David Cieslak, CPA/CITP and Arxis Principal.

About Arxis Technology, Inc.
Arxis Technology is a certified Intacct Premier Partner and Adaptive Insights featured partner with offices across the country, including Los Angeles, Orange County, Baltimore, Washington DC, Chicago, and Phoenix. Our best-in-class solutions, including Intacct, Adaptive Insights, and AvidXchange, enable finance teams to streamline revenue recognition, multi-entity reporting, accounts payable automation, dual reporting, financial forecasting, fund management, intercompany eliminations, cash flow projections, and global consolidations. Arxis assists organizations outgrowing QuickBooks and other legacy ERP systems that need to replace outdated, inaccurate manual processes, and eliminate reliance on spreadsheets.

Since 1994, Arxis has helped growing companies maximize their technology resources and investment. Over the years, we have helped hundreds of small- and medium-sized businesses as their strategic business partner. We specialize in the needs of Entertainment, Software & SaaS, Professional Services, Manufacturing, and Non Profit organizations. Our experienced consultants have a passion for making every facet of your business successful and are intent on building a long-term relationship with every client. For more information about Arxis, visit http://www.arxistechnology.com, or call (866) 624-2600.

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