SAP Business ByDesign is an affordable, easy-to-use cloud enterprise resource planning (ERP) solution for fast-growing businesses. With SAP Business ByDesign, you can manage your entire business – including financials, human resources, customer relationship management (CRM), procurement, projects, and supply chain – from a single, unified solution.
About Sage Intacct
From Accounting Software to Sage Intacct
Difference Between Sage Intacct and Other Sage Solutions
Value for Customers
Values for CFOs
Founded in 1981, Sage has quickly become one of the biggest enterprise software companies in the world. More than 6 million businesses across 20+ countries use Sage’s enterprise resource planning (ERP), accounting, customer relationship management (CRM), inventory management and human resource management software. Sage has over 13,000 employees globally, all focused on transforming the way people think and work through technology solutions that enable organisations to thrive. With the acquisition of Intacct in 2017, Sage continues to lead the cloud financial management revolution.
From its beginnings as a modest start-up with big ambition, Sage’s business has grown by understanding customers’ needs and the challenges they face. Innovation and entrepreneurial spirit are at the heart of Sage, and accelerating customer success drives everything Sage does. You don’t have to take our word for it, though — get the G2 Mid-Market Grid® Report for ERP Systems (Summer 2020) and see how Sage customers are independently rating their experience with Intacct.
About Sage Intacct
Sage Intacct is a flexible, configurable accounting software solution built on a true cloud foundation. Its implementation offers robust technology infrastructure to any organisation, making it easy to share data and integrate with best-of-breed solutions (like Salesforce) without sky-high IT costs. With a fresh, modern user interface, Intacct is a powerful born-in-the-cloud financial management system that empowers your business to accelerate the path to success.
Built by financial professionals and for financial professionals, Intacct provides a depth of financial capabilities you won't find in a traditional, all-in-one software suite. Intacct is easily adapted to the way you do business — not the other way around. With Intacct, your financial team can be more insightful and productive which ultimately drives growth for your business. And as that growth continues, the flexible platform of Sage Intacct gives you the scalability you need to ensure your system keeps up and keeps everything on track.
To learn more about Sage Intacct and the future of financial management, check out a live online webinar or product demo by visiting our Sage Upcoming Live Online Events page! It’s frequently updated with focused webinars and product demos from Sage experts filled with the information you need to drive your business forward.
Gartner’s 2019 Critical Capabilities Report awarded Sage Intacct the highest score in Core Financials for lower midsize enterprises. Sage Intacct’s core financial capabilities include:
- Accounts Payable - Streamline workflows across the AP cycle with exceptional speed and Salesforce, ADP efficiency
- Accounts Receivable - Accelerate your cash cycle by automating the invoicing and collections process
- Cash Management - Track multiple accounts with real-time visibility and easy reconciliations
- General Ledger - Consolidate multiple entities, currencies, and geographies in minutes
- Order Management - Automate complex, high-volume quote-to-cash cycles and improve profitability
- Purchasing - Achieve speed, accuracy, and visibility with structured transactions and approvals
As your business grows, you need real-time information at your fingertips to make bold business decisions. Which projects should you bid on? What prices should you charge for your products and services? What resources do you need to meet client deadlines? Sage Intacct is the modern, project-centric accounting solution you need to automate your key processes and gain visibility into your entire operations.
Sage Intacct’s project accounting capabilities allow your business to
- Manage, analyze, and present your financial information the way you want
- Simplify time and expense management, keeping your staff focused on customer service instead of administrative tasks
- Track detailed project costing, enabling you to understand the true cost of projects, see emerging trends, and budget properly
- Automate project billing with a flexible, customizable project billing process
- Add, manage, and report on multi-entities, automate global consolidations, and gain business-wide financial and operational visibility
- Make informed decisions with powerful analytics, taking advantage of new opportunities and making any necessary corrective actions
Sage Intacct untangles and automates subscriptions, specialized contracts, recurring billing services, and the complexities of GAAP-compliant revenue recognition. Enjoy automated workflows, smart revenue recognition, and seamless data flows that streamline the revenue cycle across your organization:
- Contract and subscription - Automate pricing, billing, subscription models, revenue recognition, and more
- Project costing and billing - Bid smarter and bill faster with less revenue leakage
- Revenue recognition - Support ASC 606 and IFRS 15, automate complex revenue accounting, and more
Sage Intacct’s budgeting and planning capabilities offer control, collaboration and security. You can be confident your team members are working on the latest version of your budget, and you’ll know who updated it and when. The ability to create and save multiple scenarios within a single budget allows you to maintain total control of your processes.
End budgeting and planning spreadsheet headaches for good:
- Invite department heads to build or edit their budgets
- Present plan or budget options to management
- Transfer sensitive data from spreadsheets and emails into a single, secure solution
- Limit access to payroll data with user-level security
- Easily model calculations, such as projected cash flow, sales, revenue recognition options and headcount expenses
- Focus on strategic plans that exploit business opportunities and sidestep risks
Sage Intacct’s built-in growth tools make it easy to integrate with applications like Salesforce, ADP and many more. In fact, many Sage Intacct customers have two or more integrations with other services. Open Application Programming Interfaces (APIs), Vision33’s Saltbox Platform, and other SKDs make integrations simple and seamless. Our team of business analysts can push data to Sage Intacct and initiate integration actions from dashboards or application pages.
Scalability: As your business grows, Sage Intacct grows with you. A variety of flexible add-on modules allow you to keep the momentum going:
- Fixed Assets – create an automated asset management system
- Inventory Management – track, value and manage stock
- Multi-Entity and Global Consolidations – manage complex financials for multiple locations and entities
- Project Accounting – manage costs and revenue, keep projects on time, maintain profitability
- Revenue Recognition – account for multiple revenue types such as subscriptions, licenses and services
- Sales and Use Tax – automatically calculate sales tax and VAT with the built-in Avatax integration
- Purchasing – achieve speed, accuracy and visibility with structured transactions and approvals
- Spend Management – govern company purchasing vs. budgets and never exceed spending caps
- Vendor Payment Services – power payments on American Express Global Commercial Services’ platform
From Accounting Software to Sage Intacct
As the size, complexity, and pace of your business grow, the frustrations can multiply. That accounting system you relied on to manage finances and operations has, over time, gradually become a barrier to growth and efficiency. But in a highly competitive business climate, you can’t afford spiraling overhead costs, functional limitations, and unnecessary risks.
Sage Intacct’s cloud accounting software products and financial management solutions deliver accounting capabilities for multiple industries with a single aim: to accelerate your success.
Sage Intacct customers achieve an average 250% return on investment in six months or less:
- Reduce time to close by up to 79%
- See real-time reporting across hundreds of consolidated entities
- Put finance leaders in a position to drive more growth
Sage Intacct’s modular true cloud accounting solution meets your business needs today and gives you the flexibility to add functionality tomorrow. Innovation is in Sage’s DNA, and industry analysts have named Sage Intacct a visionary and leader. They deliver four major releases each year, with an average of 50 new features per release.
Differences Between Sage Intacct and Other Sage Solutions
You might already be familiar with other Sage solutions, like Sage 300, Sage CRM or Sage 50, and you might be wondering how Intacct is different.
Here are some of the ways Intacct offers unique advantages as part of the Sage family:
- Unlike some cloud applications that are adapted for the cloud, Intacct is born-in-the-cloud – it’s a truly next generation, best-of-breed accounting software solution that’s accessible anytime, anywhere without the need for any complex upgrades or additional IT infrastructure.
- Faster and more robust financial reporting with the built-in report writer and availability of accurate, real-time data, enabling decision-making based on the best possible information.
- Capacity for complicated or advanced functionalities related to inter-entity transactions, multi-currency consolidations, revenue recognition, subscription billing, project accounting, and more.
With Sage Intacct, your business (whether it's a service organization or supplies products) will have the advantages of a modern cloud accounting solution: lower costs, added security and endless productivity.
Sage Intacct’s cloud accounting software streamlines vital financial management processes, reduces the need for spreadsheets, and gives you real-time visibility into your business’ performance so you can make quick and sound decisions.
- Automate invoices expenses, payments and other mission-critical transactions
- Always be audit-ready
- Enjoy a lower TCO vs. traditional on-premises solutions
- Leverage the world of open APIs to seamlessly integrate with other best-in-class cloud applications
- Eliminate hardware costs and IT management
- Achieve peace of mind with world-class security, backups and disaster recovery
- Access your information at any time, from anywhere, on any device
Sage Intacct allows you to empower your finance department with robust tools to simplify and streamline billing, accounting and reporting. Automate workflows, analyze reliable data, and be prepared for growth.
- Accounts Payable
- Accounts Receivable
- Order Management
- Cash Management
- Built-In Reporting
- Intuitive Dashboards
- Collaboration Tools
- Additional Modules
- Automate manual AP processes
- Configure approvals process, workflows and internal controls with a few clicks
- Strengthen the reliability of your data
- Put your team’s focus on the bigger picture
- Save thousands of hours per year
- Enjoy automatic processes, email invoices and multiple payment options for customers
- Connect with your CRM solution for a single view of quotes, sales orders and invoices
- Automatically post your order transactions to your general ledger and AR ledger
- Automate collection notices for hassle-free collections
- Make your AR team more efficient and get paid faster
- Order what you need, when you need it and in the right quantities
- Automate and streamline purchase requisitions, purchase orders and sign-offs
- Connect with accounts payable, cash management and inventory
- Eliminate redundant data entry
- Customize dashboards to provide your team with real-time information to make quick decisions
- Save time and reduce errors
- Enter an order when it’s first received and let an automated flow do the rest
- Integrate with your CRM to track information about your customers and customer interactions in one place
- Get your sales and finance teams on the same page with valuable insight
- Provide superior customer service
- Access all of your transactions from credit cards, checking and savings accounts in one place
- Quickly get a complete and real-time view of your cash flow
- Automatically reconcile your checking, savings and credit card accounts – without spreadsheets
- Spot unusual charges, manage bank errors, catch fraudulent charges and maintain accurate cash balances
- Save time so your staff can focus on more valuable tasks
- Effortlessly dive into your data and get valuable insight
- Utilize and edit 150 built-in reports
- Create your own reports unique to your business and industry
- Track and report on both financial and operational data
- Include budgets in financial reports
- Get an accurate view of performance and adjust goals and expectations accordingly
- See a detailed overview of your operational and financial performance
- Make fast, sound decisions based on real-time information
- Choose how your data is displayed with key metrics from virtually any perspective
- Digital Board Book for Saas Metrics – a specialized dashboard for Saas companies that aggregates all of the vital metrics for your board reports (Committed Monthly Recurring Revenue, Annual or Monthly Recurring Revenue, Customer Acquisition Cost, Churn, and Customer Lifetime Value)
- Eliminate the ambiguity of communicating back and forth through email
- Utilize secure, embedded communication tools to collaborate and quickly resolve issues
- Hold conversations and leave notes within the solution for a record of relevant information
- Enable your team to work faster and more efficiently
If needed, Sage Intacct allows you to expand your solution beyond the number of included powerful features. As your business grows and your financial needs become more complex, meet all of your needs with these advanced financial capabilities:
- Contract and Subscription Billing
- Contract Revenue Management
- Fixed Assets
- Inventory Management
- Multi-Entity and Global Consolidations
- Project Accounting
- Sales and Use Tax
- Time and Expense Management
- Vendor Payment Services
Sage Intacct provides a simple, native connection service to many related solutions, such as Avalara, ADP, and American Express. In fact, many Sage Intacct customers have two or more integrations with other services. Saltbox and other APIs make integrations simple and seamless.
Saltbox: There’s no doubt Sage Intact makes financial management faster and easier. It involves a lot of information, though, and chances are you’ll want to move that information between business applications. That’s where things can get complicated. Transforming the data requires workflows, time, and manpower, and mistakes are costly.
Saltbox is the answer. It seamlessly connects Sage Intacct and other applications so you can transfer data at lightning speed. The Saltbox Platform is Vision33’s cloud-based, integration-as-a-service platform that eliminates human error and maximizes your ERP investment. Drag-and-drop functions within Saltbox’s visual data mapper convert your Sage Intacct data to the correct format, and its engine moves information through the cloud with the power of AWS scaling, allowing it to handle an infinite data load. Most importantly, Saltbox allows you to keep a human involved in workflows or automate the entire data connection process.
The options for connectivity between Sage Intacct and other mission-critical business applications are endless with Saltbox. Vision33 can even leverage The Saltbox Platform to create custom endpoint connections for your unique business application.
Value of Customers
Success Story: eDNAtec
Based in St. John’s, Newfoundland and Labrador, eDNAtec uses advanced genomics technology to assess and monitor ocean health. The company generates environmental insights to support ocean-based industries and operates the world’s first fully-dedicated research center for environmental genomics. As leaders in this emerging science and technology field, eDNAtec chose Sage Intacct because it was a cloud-based solution that offered scalability and streamlining capabilities.
Since going live on the Intacct platform, the time it takes for eDNAtec to complete routine tasks has decreased drastically. In addition, the timeframe for critical monthly reporting has decreased by two weeks.
"If I had known Intacct was so easy to implement, I would have done it soon after I started with the company. It would have meant valuable time savings from the gate and afforded enhanced reporting focused on priorities and growth opportunities."
Janis Swantee, Accounting Operations Manager, eDNAtec
Value for CFOs
Sage recently spoke to more than 500 U.S.- based CFOs to gain their perspectives on what their future job descriptions might look like and get a feel for the real impact technology is having on their daily tasks.
Sage’s resulting report, CFO 3.0 Digital Transformation Beyond Financial Management, illustrates there is more and more demand for real-time data and a digitalization of the finance function. CFOs are increasingly being called upon to provide strategic business counsel. They can’t afford to be focused on the traditional role of simply running the day-to-day business accounts. Competitors who are more innovative and disruptive in their approach will overcome companies who don’t adapt to the times.
Historically, CFOs relied on intuition to shape their business decisions. A focus on daily tasks left little time to tune into the bigger picture and make concrete decisions about a company’s future. Today, CFOs have all the information they need at their fingertips to make quick decisions about a company. They have evolved into true strategists who base their outcomes on practical data. There is no room left for intuition or guesswork. Every business decision is backed by solid, data-driven reasons.
Simply put, Sage Intacct partners with and empowers CFOs with the information they need to excel at their jobs in today’s financial world.
Professional Services: A recent survey of over 600 professional services organizations conducted by Service Performance Insight shed new light on performance expectations in various key areas. The businesses surveyed included IT consulting, management consulting, marketing, accounting, legal and additional types of service-based businesses. The identified key performance indicators (KPIs) can help businesses benchmark their financial data and identify where they need to focus as they continue to grow.
- Cash Flow – Reissuing Invoices
- Cash Flow – Billing Cycle
- Cash Flow – Collections
- Project Profit
Click here to read more information about how Sage Intacct is driving growth for Professional Services companies like yours.
Financial Services: Sage Intacct has become the #1 accounting software for more than 670 financial services firms that collectively manage more than $1.3 trillion AUM. Top-performing finance leaders care for their assets under management through direct investments and real estate, add new legal entities in minutes, and make data-driven decisions based on consolidated, multi-entity financials.
- Fast consolidations without tedious Excel tasks
- Multi-dimensional reporting and data with real-time visibility
- Cost management, internal control assignment, risk minimization
Click here to read more information about how Sage Intacct is driving growth for Financial Services firms like yours.
Not-for-Profits: Sage Intaact helps non-profit organizations pursue their missions more efficiently.
- Fast consolidations to manage your organization’s complexity
- Comprehensive fund accounting
- Stronger internal controls and tighter cash management
- Complete visibility and transparency
Click here to read more information about how Sage Intacct is driving growth for Nonprofit Services firms like yours.
SaaS Companies: Sage Intacct’s SaaS metrics dashboards calculate CAC, CLTV, CMRR, Gross Churn, Customer Churn, and other vital KPIs. Subscription management software uniquely lets you tag unlimited dimensions on your journal entries to provide the calculations for real-time SaaS dashboards, enabling:
- Early-stage firms to prove revenue models
- Growth-stage firms to prove net renewal models
- PE-funded firms to expand EBITDA