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What is Sage Intacct? Sage Intacct Overview

In Sage Intacct by Tamara

Reading Time: 4 minutes

You might’ve noticed Sage Intacct’s name being mentioned more and more, maybe in articles, software reviews, or adverts. Sage Intacct has taken the UK by storm. Awarded by the likes of G2, Gartner, and TrustRadius, Sage Intacct has been recognised for its high customer satisfaction scores, usability and features. So, let’s explore why Sage Intacct is proving to be so popular.

What is Sage Intacct?

Sage Intacct is a powerful, cloud financial management solution designed for growing and mid-sized businesses. It delivers best-in-class financial accounting capabilities and boasts the use of both AI and automation tools. Sage Intacct prides itself on having a real industry focus, Sage selected the industries they wanted Sage Intacct to work well for and tailored the product to ensure it supports and meets the needs of those specific industries; this guarantees a good fit and ensures high satisfaction scores.

Before we continue, we have a video ‘What is Sage Intacct?’ which you can watch below:

What industries does Sage Intacct work well for?

Sage Intacct supports a range of industries and even has specific industry modules available to ensure your businesses needs are completely covered. The industries Sage Intacct supports are:

Who is Sage Intacct built for?

Sage Intacct is built for those businesses that need more powerful capabilities than just your standard accounting package. Organisations that need functionality like multi-entity, multi-legislation and multi-currency are the perfect candidates for Sage Intacct. If you need project accounting capabilities, contract or subscription management, integration with Salesforce or an open API, multi-currency consolidations then Sage Intacct could be the right solution for you.

All this being said, there are many Sage Intacct customers that do not need the advanced capabilities mentioned above but still choose to use it due to its strong core capabilities. The beauty of Sage Intacct is that it is modular, you only buy what you need and therefore only pay for what you want to use. Most businesses love the fact that Sage Intacct gives them a true Cloud finance solution with free automatic upgrades, powerful reporting tools, the ability to automate and streamline their financial processes and a multi-dimensional ledger.

What Sage Intacct modules are available?

There are so many Sage Intacct modules available as well as the Core Financials, if you would like to read about them all in more detail you can take a look at our Sage Intacct module page. Let’s have a quick overview of the most popular modules:

  • Global & domestic consolidations – Consolidated 100’s of entities in just minutes and spend less time on administration and more time on analysis.
  • Dynamic allocations – Save time, reduce risk and improve your gross margins, understand the true performance of your business.
  • Inventory management – Increase cash flow and reduce risk with this integrated stock solution, allowing you to deliver great service to your customers.
  • Project accounting – Gain visibility and confidence in your projects with a range of project accounting tools including time and expense, project tracking, project costing and project billing.
  • Subscription management – Speed up your quote to cash process and gain on-demand visibility of your revenue forecasts.
  • Revenue recognition – Take the admin hassles of revenue recognition away and move from manual spreadsheets to automation, all from within Sage Intacct.

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Sage Intacct’s reporting capabilities

Sage Intacct’s reporting and dashboards are so powerful, it deserves its own section. Sage Intacct’s reporting and dashboards are fully customisable, real-time and offer you powerful insight to help aid decision making. With Sage Intacct you can slice, dice and filter your data by the dimensions that matter to you with interactive, multi-dimensional reports. Sage Intacct also offers role-based dashboards, the ability to report on operational KPIs, drill-down capabilities and built-in conditional formatting and formulas so you can instantly highlight the information that matters to you.

sage intacct dashboards and reporting - multi-dimensional reports

Key wins you can expect to achieve with Sage Intacct

One of the things Sage Intacct really prides itself on is its ability to help businesses automate and streamline those time-consuming, manual processes so you and your team are freed up to focus on more important things. Sage Intacct was built to help your business, here are some of the key wins you can expect to achieve:

  • Reduce your month-end close by up to 79%
  • Achieve 250% ROI
  • Consolidate 100s of entities in minutes, not days
  • Get a productivity improvement across your finance team of over 65%
  • Increase efficiency by up to 60%
  • Save 40 hours per month on invoicing processes
  • Track budget vs. actual projects costs for 20% more profit

Conclusion

Hopefully, we’ve given you a good overview and understanding of what Sage Intacct is and what you can achieve with this powerful finance solution. We have a range of information and resources to help you learn more about Sage Intacct. If you would like to watch an on-demand demo of Sage Intacct in your own time, click here. If you would like to learn more about our Sage Intacct personalised demo’s and the process, click here. If you would like to learn more about how we work with businesses like yours to implement Sage Intacct, click here. We also have an array of Sage Intacct on-demand webinar videos you may find useful too, they cover a range of topics, you can find those here. Lastly, head over to our Sage Intacct overview page and learn more about the product, its modules, problems it will help you solve and its amazing features and functionality – if that isn’t enough to convince you, I don’t know what will!

If you have any questions or you would like to speak to a specialist, please feel free to reach out to us – we have a few ways you can get in touch with us. Click here to get in touch with us via a contact form, call us on 01824 780000, email us at info@itassolutions.co.uk or, use our live chat on the bottom right-hand side of your screen.

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