7 benefits of Sage Intacct and why to make the move with Datel

Sage Intacct is a cloud-based financial management solution. Designed to satisfy every financial management need in one platform, it’s ideal for rapidly growing businesses and multi-entity organisations with complex financial infrastructures. With built-in automation that simplifies and automates time-consuming processes, it allows you to focus on harnessing the power of Sage Intacct for:

• Improving strategic insights that help drive business growth 
• Streamlining processes to reduce inefficiencies
• Automating tasks to reduce manual labour and risk of errors 

To help you decide if it’s right for your business, let’s look at the benefits of Sage Intacct.

Benefits of Sage Intacct for your business 

1. Cloud hosting 
2. Powerful reporting 
3. Single finance solution 
4. Multi-company capability
5. Automation
6. Data transparency 
7. Budgeting

1. Cloud hosting

Sage Intacct is cloud-based, so you don’t have to worry about server maintenance, virtual private networks (VPNs), remote desktops, or upgrades. It works on every device and browser, so all you need is an internet connection – it’s that simple.  

It’s a SaaS product, so pricing is subscription-based – you can pay annually or monthly. Sage includes updates and new features at no extra cost and installs them automatically – so you can look forward to disruption-free updates.

Find everything you need to know from features and implementation to use cases and success stories, in our Sage Intacct handbook.

2. Powerful reporting

Dashboards deliver real-time, structured data so you can see the information you need quickly. For example, invoices, debt summaries, accounts payable, and money in the bank.  

Sage Intacct gives you the flexibility to categorise, or tag, transactions in ways that make sense for your business. These are called dimensions.  

Dimensional analysis gives you an in-depth view of financial data. You can tag transactions by criteria such as:

• Customer
• Department 
• Location 
• Operating expenses 

The user-friendly interface gives you deeper insights into performance without complex manual calculations or multiple documents – helping you make better decisions. 

The report writing feature generates reports at the touch of a button, too, so you can share them with stakeholders quickly and easily. You can pull data from anywhere in your Sage Intacct system, set your parameters, and watch as data aggregates almost instantly. 

3. Single finance solution

Unlike other siloed software packages, Sage Intacct lets you manage everything in one place. This gives you greater control and visibility of your finances. With Sage Intacct, it’s easy to: 

• Manage accounts payable and receivable workflows
• Automate invoicing and collections to accelerate your cash cycle 
• Track multiple accounts with real-time visibility and reconciliations 
• Monitor and edit the general ledger 
• Oversee and consolidate multiple entities, currencies, and geographies 
• Manage orders 
• Automate complex, high-volume quote-to-cash cycles and improve profitability 
• Monitor cash and purchasing 
• Structure transactions and approvals

4. Multi-entity capability

Sage Intacct is flexible and advanced enough to manage all your finance needs. You can effortlessly compartmentalise data by entities, subsidiaries, locations, and units. It’s easy to evaluate performance across your businesses in a single view with dashboards and reporting. With this functionality built-in, it’s a great solution for rapidly growing companies because it scales with you. 

It’s also capable of handling over 200 currencies, so you can view data by location and schedule payments in the legal tender.  

5. Automation

Sage Intacct makes it possible to automate tedious, repetitive tasks. Enhanced time-saving features let you focus on the bigger picture, such as working on strategic initiatives or improving team productivity. 

You can automate tasks related to payments, reporting, and budgets to save time, effort, and minimise human error. For example, paying suppliers and setting up budget notifications. You can also use Sage AI to capture and extract data, draft accounts payable emails, reconcile for daily closures, and more.   

6. Data transparency

Sage Intacct lets you see transactions in detail and trace data back to source files for full visibility and context. For example, see how much a department spends on monthly travel and look at line-by-line data for a detailed cost breakdown.  

This gives you full visibility into where numbers come from, improving trust in data. It also makes it easier to spot errors and provides an audit trail that supports regulatory compliance.

7. Budgeting

Intuitive budgeting features makes it easy to create, manage, and track budgets collaboratively. You can have as many budgets as you need, forecast and reforecast quickly to stay on top of changing priorities or market conditions, and have multiple users for collaboration and process consistency.  

Sage Intacct streamlines budget management as everything’s in one place, easy to find, and simple to report on. The system is intuitive and intelligent, so you can adjust budgets to internal and external factors. You can even predict how events will impact your business with sophisticated scenario analysis. 

With Sage Intacct, you can change budgeting from a reactive exercise to a proactive process for better decision-making and greater efficiency.

Do the benefits of Sage Intacct stack up for your business? 

Only you can decide if Sage Intacct is right for your business. But making the move will help you to: 

• Streamline processes
• See data in real time 
• Produce reports rapidly 
• Consolidate disparate datasets 
• Manage finance across multiple entities 

If you decide to invest in Sage, working with a Sage Intacct Business Partner, like Datel, will help you get more from your solution.  

With a dedicated Sage Intacct team, our experts help answer any questions and configure your solution to your needs. Datel supports Sage users throughout their journey, from managing implementation to ongoing advice and guidance. With Datel at your side, making the move to new software is less daunting.