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Sage Intacct

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Sage Intacct
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Financial Management for Sage Intacct

Core Financials include the following modules:

Collection Notes

Built on the Sage Intacct Platform, this application sends automated notifications to customers regarding orders and invoices to provide businesses with a financial advantage.

  • Automatically generate emails based on the number of days outstanding.
  • Customizable email templates.
  • Schedule notifications.
  • Add manual collection notes.
  • View collection activities from the customer record.
  • Manage large volumes of open invoices.

Key Benefits

  • Streamline the cash collection process.
  • Reduce Accounts Receivable Balances.
  • Reduce Operating Costs.
  • Improve visibility (Cash collection activities managed in one central place).

Financial Management

Sage Intacct provides a core accounting platform for all business types to streamline financial processes by offering enhanced financial reporting capabilities via an award-winning cloud financial management system.

  • Financial Management
  • Contract Management
  • Revenue Recognition
  • Inventory Management
  • Purchasing and Vendor Management
  • Financial Consolidation
  • Financial Reporting

MULTI-ORG

Manage complex global operations in real-time.

  • Manage complex, multi-entity, or multinational operations in real-time.
  • Automate and control global accounting consolidation and close processes while improving visibility with real-time intelligence to drive better business decision-making.
  • Enables companies to expand rapidly into both local and international markets.
  • Manages complex financial processes with ease by supporting the structure that best represents an individual business, including minority and partial ownership. It easily represents fractional ownership when consolidating global financials.

Empower finance teams with the tools and operational insights, and data insights they need to more effectively automate and control the global accounting consolidation and close processes. Improve financial visibility with real-time intelligence across entities to drive better business decision-making. Sage Intacct Global Consolidations provides all the functionality a company needs to manage complex, multi-entity, or multinational operations in real time.

Project Accounting

Sage Intacct connects service delivery with cash-on-hand management and finance for efficient and profitable business management.

  • Streamline and automate the capture of all billable and non-billable time and expenses.
  • Reduce revenue leakage, maximize billable hours, gain control over current project costs and margins, and forecast more accurately for future projects.
  • Speed up and maximize cash collection and revenue recognition for improved cash flow.
  • Proactively manage project revenue, costs, and margins for improved profitability.
  • Gain real-time visibility into backlogs and their impact on recognized and deferred revenue.
  • Ensure that bids reflect the actual cost of implementation and include adequate margins.
  • Gain insight into the project and customer profitability.

Sage Intactt Project Accounting software provides comprehensive capabilities to unify, automate, and streamline the various accounting firms’ financial and operational processes throughout the services delivery lifecycle. Combine Sage Intacct Project Accounting software with our best-in-class cloud-based financial management software and accounting applications to maximize performance and profitability, provide better service to clients, and boost financial visibility for better real-time decision-making throughout the project-to-cash lifecycle.

Revenue Recognition

Boost finance productivity, streamline billing processes, cut closing processes, fortify audit trails, and lower the cost of compliance with Sage Intacct.

  • Automate end-to-end revenue recognition, billing, and renewal processes, whatever the complexity of any given revenue model.
  • Manage increasingly complex revenue recognition guidelines, including SOP 97 – 2, 98 – 9, 81 – 1, EITF 00 – 21, 08 – 01, and 09 – 03.
  • Eliminate the need for manually intensive, error-prone spreadsheets to manage revenue recognition processes.
  • Reduce days sales outstanding (DSO) by up to 25%.
  • Increase renewal revenues by 25% to 30%.
  • Gain anytime, anywhere access to all financials, including deferred revenue, renewal revenue, and revenue recognition reports and graphs.

Manage subscription and contract-based financial relationships more effectively with Sage Intacct Revenue Management software. Automate billing, revenue recognition, forecasting, and renewals to improve the effectiveness of finance organization and lower the cost of compliance.

Accounts Payable

Cut accounts payable processes by up to 65% with Sage Intacct’s Accounts Payable software module. Streamline the entire process in one solution while gaining real-time visibility and traceability throughout — from the vendor and bill creation, approvals, and payments to reconciliation and reporting. Leverage an intelligent virtual assistant to eliminate data entry, use paperless routing for approvals, and connect banks, vendors, and payment platforms to automate payments using Vendor Payments powered by CSI. Gain complete control over invoice workflows and approval thresholds with flexible controls, and pay vendors using their preferred payment method of a check, ACH, or virtual card for fast, secure payments while taking advantage of discounts. Stay on top of cash flow and manage risk with complete visibility into the entire accounts payable process with full financial reporting capabilities, all within Sage Intacct.

Accounts Receivable

Automate accounts receivable processes and get paid faster with the Sage Intacct Accounts Receivable software module. Enjoy seamless integration with other business systems and stay connected with up-to-date, accurate sales tax calculations. Real-time visibility is provided through built-in and configurable dashboards, reports, graphs, and charts. Streamline billing and accounting by having transactions posted to the general ledger and AR ledger automatically. Leverage an efficient collections process for customer communications with structured, automated processes such as configurable reminders and assigning collection case owners for accountability.

Cash Management Automation

Streamline cash management with Sage Intacct Accounting. The automated Cash Management module provides a complete picture of cash flow across all locations and entities, including payments and transactions from checking and savings accounts, credit cards, and more. Automatically reconcile live financial data in just minutes for improved accuracy and fraud protection. Plus, easily manage daily activities such as matching payments to invoices or creating checks — all in real-time. With Sage Intacct, gain the necessary insights to monitor and improve cash flow.

Intelligent General Ledger

Simplify business processes with Sage Intacct. Cloud-based architecture and artificial intelligence provide companies with the ability to reduce manual processes and save time via digital transformation. Our configurable core financials allow a business user to set up their system without any need for developers. Dimensions can be used to simplify the chart of accounts, with transactions only needing to be entered once and reported across different standards. Create specific workflows and guardrails for accuracy and consistency, and close continuously instead of saving it all for the period end.

Transform business strategies by making agile, data-driven decisions based on trusted data with Sage Intacct. Capture and post transactions in real-time to get instant multi-dimensional insights through dashboards and one-click drill-downs. Share insights securely with only those who need it, review thousands of GL transactions quickly using AI outlier detection, and eliminate the need to build reports outside of the financial solution.

Managing multiple entities is also made easier with continuous consolidations from Sage Intacct. Create or modify entities/hierarchies without any extra implementation, centralize/automate inter-entity transaction instructions, and automatically update currency rate tables/conversions while viewing drill-down visibility during consolidations.

Sage Intacct Modules

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