As the need for faster and more efficient accounting processes grows, so has the desire for automated technology and systems. Recognizing this trend, Sensiba has recently partnered with Sage Intacct, a leader in integrated accounting systems. Here is a closer look at the software and how automation can help clients increase performance, productivity and efficiency.
What is Sage Intacct and how do we utilize it to best serve our clients?
Sage Intacct is a cloud ERP software and is transforming the system of record into the system of intelligence. Bringing cloud computing to finance and accounting, Sage Intacct’s innovative applications are the preferred financial applications for AICPA business solutions. Used by more than 12,000 organizations from startups to public companies, Sage Intacct helps improve company performance and ultimately makes finance more productive. We utilizes Sage Intacct to provide our clients with top-notch outsourced accounting and CFO services.
Gaining transparency to inform and make smart decisions
We cover all of the accounting functions accurately, completely, and automatically while bringing speed and productivity to our client’s finance and operations. Utilizing the Sage Intacct Platform, we are able to transform the way our clients think and work by eliminating the close, allowing a continuous audit function, and providing predictive analytics.
The advanced functionality of Sage Intacct allows us to respond to complex challenges with flexible, built-in modules for multiple entity and global consolidation, complex grant and project reporting, multiple currencies, revenue recognition, and much more.
Sage Intacct is designed to let both an accounting firm and its client access the same information using the cloud, instead of sending files back and forth. This ensures everyone is always accessing the same information in real time instead of submitting files back and forth, thus allowing for true collaboration.
Ditching Manual Processes
One key element to helping our clients maximize profitability is reducing time-consuming manual efforts. Another is ditching high-maintenance technology in favor of a modern, cloud-based financial management solution, like Sage Intacct.
Sage Intacct is a global ecosystem that gives our clients the ability to expand their financials with easy integration to their applications as their businesses and organizations evolve. A few examples of applications include:
- SalesForce – Quote-To-Cash process & Grant Management
- Nexonia – Time & Expense
- Bill.com – Complete digital management of Accounts Payable & Accounts Receivable processes
- ADP – Fully integrated payroll solution that automatically posts payroll data into Sage Intacct’s general ledger
In the past year, Sage Intacct delivered more than 150 product enhancements over four quarterly releases. One example of the product enhancements includes adding a new partner — GuideStar. For Nonprofit organizations, this partnership introduces real-time transactional data from the system of record to automate the calculation of key financial and operational metrics. It also ensures that the organization is on track in accomplishing their mission. Similar rollouts of digital board books have been built for professional services and project-based businesses, as well as software as a service and wholesale distribution companies.
If you have questions regarding your current accounting needs and want to learn more about Sage Intacct, please contact our team.