In light of regulatory obligations that enhance digital accounting, companies stand to benefit significantly from adopting innovative solutions in financial management. SAGE Intacct is one such solution. As a fully cloud-based ERP, it centralizes financial and business data while streamlining accounting entries through intelligent features. The result: companies save time on labor-intensive tasks and enhance their competitiveness. Discover the capabilities of SAGE Intacct.
What is SAGE Intacct?
Intacct was among the first solutions in cloud-based financial management. Since being acquired by SAGE in 2017, this financial ERP has continued to evolve, offering businesses solutions that boost their competitiveness.
Today, the software meets the needs of all sorts of businesses: micro-enterprises, SMEs, large corporations, and more …. Every entity benefits from a comprehensive cloud-based tool that enables efficient financial management. With a 360-degree view of financial data and process automation, businesses save time daily while making superior decisions.
The impact is clear, as over 2 million companies globally are utilizing this financial management solution.
What are the features of SAGE Intacct?
Dashboards and Reports
Providing real-time visibility into your data, the dashboards simplify financial management. With just a few clicks, you can access key performance indicators crucial for your business: from gross margin to inventory turnover, to self-financing capacity, and more. This enables you to develop a more precise understanding of transaction contexts, while refining your business priorities.
All of this is achieved with remarkable ease of use. Ready-made reports are available to save time, or you can create your own dashboards from the ground up for more personalized customization.
With the help of APIs and integration options, your data is connected to the SAGE Intacct software. Companies no longer need to manage complicated accounting plans to make informed decisions. Instead, they leverage intuitive reporting tools that provide a comprehensive view of their activities.
Multidimensional Analytical Approach
Data is central to financial analysis, and SAGE Intacct offers various tools to harness their full potential. The ERP software employs a multidimensional analytical approach.
On one hand, you analyze your datasets based on a multitude of predefined criteria.
On the other, you categorize transactions (general accounting, customer accounting, supplier accounting, revenue management, fixed assets, …) for more seamless financial management.
Artificial Intelligence and Machine Learning
With SAGE Intacct, companies can dispense with spreadsheets and manual entries. This intelligent financial management software integrates artificial intelligence features to automate processes, effectively saving you time. For instance:
- Defining workflows and conduct rules to ensure data consistency;
- Automating the generation of reports on a regular basis (without waiting for the accounting period to close);
- Analyzing massive datasets within minutes using AI;
- Rapidly detecting anomalies to enhance financial statement compliance;
- Automating multi-entry processes to minimize errors during reconciliation; etc.
All these features can be easily implemented with SAGE Intacct. There’s no need for a developer—just a solid understanding of the tool is sufficient.
Accounts Payable
Tracking purchases, controlling invoices, managing payments, financial evaluation, payment approval, … Handling accounts payable entails numerous time-consuming tasks. Once again, SAGE Intacct saves you time.
The financial management software automates repetitive tasks, allowing teams to focus on essentials such as optimizing supplier relationships and reducing costs.
Besides saving time, this module also provides real-time transaction visibility.
Accounts Receivable
Just as with accounts payable, effective accounts receivable management is crucial for sound financial management. Here, the focus is on income control rather than expenses.
SAGE Intacct manages various accounts receivable tasks, including:
- Automatic invoice dispatch;
- Generating recurring invoices for subscriptions;
- Supporting multiple payment methods;
- Payment tracking and reminders; etc.
By accelerating your payment collection, you enhance your cash flow.
Why choose SAGE Intacct for financial management?
Micro-enterprises, SMEs, startups, and large enterprises across all sectors use SAGE Intacct. And for good reason—this ERP software offers multiple benefits:
- Accessibility: Fully cloud-based, the platform can be accessed from any web browser. Whether in the office, telecommuting, or traveling for business, you can monitor your company’s finances.
- Flexibility: The platform adapts to each company’s needs, especially through customizable dashboards and adjustable storage capacities in line with growth.
- Connectivity: SAGE Intacct features various APIs that allow you to connect your data to the platform, no matter the source (CRM, payroll, business solutions, etc.).
- Automation: The integration of AI enables the automation of many tedious tasks, allowing financial teams to devote more time to complex and/or higher-value tasks.
