Announcement Sage Intacct Launch

Announcement: Sage Intacct Accounting Software Launch

In Sage Intacct by Natalie Mackenzie

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We are delighted to announce that we have been selected to be part of an exclusive Sage Partner eco-system for the launch of their new product, Sage Intacct. Sage Intacct has just been made available to the UK market following its success in the Australian market in August earlier this year. Hannah and Kelly celebrated the Sage Intacct Launch, with Sage leaders at the Tate Modern Museum.

Sage Intacct Launch Event

The team at itas are extremely excited to be part of the Sage Eco-System and are onboard for the release of the new cloud financial management system – Sage Intacct. The product boasts impressive figures and has been rated #1 for customer satisfaction, as well as receiving the illustrious visionary rating from G2 Crowd, making it a preferred solution for many growing businesses – the full report can be found here. Sage Intacct is a perfect cloud-based solution for those in the professional services industry, particularly Digital and Marketing Agencies along with those in the Not for Profit sector.

Earlier this year, Sage announced they would not be developing their flagship product, Sage Financials any further, but would develop bug fixes and ensure the product would remain legislatively compliant. Going forward, Sage will be focusing their efforts on their new acquisition of the superior cloud-based financial system – Sage Intacct. For many of our Sage Financials customers, this was devastating news, especially given the strong integrations between Salesforce and Sage Financials. However, Sage Intacct offers a natural migration into the platform, especially with the strong Salesforce integrations, the phrase ‘the power couple’ is being banded around the office by our techies. To understand the key differences between the two cloud platforms, read our blog article on The 5 Key Differences | Sage Intacct Vs Sage Financials.

Sage has recently shared their research of the CF0 3.0, where they uncovered that ‘70% of CFO’s make decisions based on their gut feeling rather than data. This shocking statement highlights the lack of visibility in senior finance professionals over their data. There is a clear digitisation gap within the sector overall and because of this, CFO’s simply do not have the confidence they need to make data-driven decisions within their current accounting software. This has identified a skills gap within the finance sector as a whole, as teams are lacking the knowledge and skill in-house to use the software.

It is apparent that now more than ever, our finance leaders need to be able to harness the latest technologies and incorporate the technology into their growth strategy, to enable the business to grow and flourish in the competitive marketplace. The traditional finance role is evolving from ‘gut instinct’ decisions to a more contemporary style of data-driven decisions.

Recent studies show that many finance professionals use automation as part of their daily accounting tasks. While 63% believe that businesses are not culturally ready for even more automation, with six out of ten worried that automation will take over their role in the future. Therefore, the introduction of new technology needs to be communicated throughout the teams and needs to align with the culture of the organisation for true adoption throughout the levels of the business and not perceived as a threat. For further reading of the challenges of digital transformation and ways to overcome them, read our article on 4 Challenges of Digital Transformation and How to Overcome Them.

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