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Monday, September 25, 2023

What Is Sage Intacct and How Can It Help Your Company?


Nearly 9 out of 10 companies see accounting as the most important enterprise resource planning (ERP) function. Accounting functions are used to ensure cash flow in the business.

ERP is the main solution that companies use to make communications easier across all of the departments of an enterprise organization.

Companies are looking to update or purchase new ERP systems in the next year. If you’re one of them, you should consider a financial system like Sage Intacct.

What is Sage Intacct? Read on to find out and what it can do for your business.

What Is Sage Intacct?

You’re probably familiar with Sage and other ERP software solutions. How does Sage compare to Sage Intacct? Both platforms are used by enterprise-level organizations to streamline processes.

The major difference between the two is that Sage is a general enterprise resource planning solution. It creates a centralized repository for all departments, from finance to marketing.

Sage Intacct is a solution that’s solely focused on financial management. You can do general ledger accounting, invoicing, and manage receivables.

Main Features of Sage Intacct

When you think of accounting software, you almost automatically think of QuickBooks. Sage Intacct has features that your business needs but can’t be found in other programs.

Most businesses and CPAs use GAAP accounting principles when managing business finances. Sage Intacct ensures that your financial reports comply with GAAP. That ensures your organization is ready for an audit at any time.

You can customize your accounting workflows and integrate the platform with your existing systems.

Sage Intacct and Full Financial Planning and Analysis

Are you thinking about migrating to Sage Intacct? You should start by looking at your financial goals within the business. Take a close look at your accounting needs and what you want Sage Intacct to do for your business.

You might want to just have the basic financial operations streamlined. Sage Intacct will do that for you. What if you want to take your financial management to the next level?

Companies use full financial planning and analysis (FP&A) to make strategic decisions. FP&A analysts look at the current financial picture of the company, economic trends, and other data to make forecasts and manage cash flow.

There are several FP&A platforms that work with Sage Intacct that allow you to get these important insights.

Limelight Software easily integrates with Sage Intacct, so you can view data in real-time. You can create financial forecasts using automation, which makes analysts much more efficient. Learn more about Limelight Software to see what else the platform can do.

Sage Intacct Budgeting Planning is another platform designed for small to mid-sized businesses. The main advantages of this platform are collaboration and automation.

Make the Most of Your Financials With Sage Intacct

Sage Intacct is one of the leading financial management platforms for a reason. The platform puts your business in a position to make better decisions.

Be sure to check out the blog for more tech tips today!

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