Top 10 Reasons to Switch to Sage Intacct for Your Financial Management

Proper financial management is critical for business success. Using the right tools can better position your company for future growth. When it comes to streamlining financial processes and providing actionable insights based on your own data, there’s no accounting software better than Sage Intacct.

Sage Intacct is a 100% cloud-based ERP, meaning it provides anytime, anywhere access to your critical operational and financial data. It’s the first and only preferred financial management solution endorsed by AICPA. Sage Intacct was built by finance professionals for finance professionals, so it provides exactly the functionality you need.

Here are the top 10 reasons to switch to Sage Intacct.

Top Ten Sage Intacct Features & Benefits

1. Best-in-Class Financial Management – Sage Intacct is best-in-class financial management software. This means that it outperforms competitors in terms of features, performance, user experience, and value. It delivers top-tier financial management tools, including easy multi-entity consolidations, advanced revenue recognition, and industry-leading functionality that simplifies complex accounting tasks. Sage Intacct improves regulatory compliance with build-in tools for standards including ASC 606, GAAP, IFRS, and more. This ensures that your financial records are always audit ready.

2. Real-Time Reporting and Insights – Sage Intacct provides real-time insights from across your business. All necessary employees will have access to the same real-time information. It comes with highly customizable reports and dashboards, including more than 200 pre-built reports. Sage Intacct’s granular reporting capabilities allow you to slice and dice data along any dimension you need, allowing you to quickly identify trends and make better business decisions.

3. Increase Scalability – Sage Intacct increases scalability, enabling business growth. Its robust architecture can easily handle high transaction volumes and large quantities of data. With Sage Intacct, multi-entity consolidations take minutes, not days, and it also has multi-language and multi-currency capabilities. This makes it easy to handle multiple locations, entities, or jurisdictions.

4. Automate Manual Processes – Easily automate repetitive, manual tasks like accounts payable (AP), accounts receivable (AR), and monthly- and year-end consolidations. Reducing manual data entry and automating processes boosts efficiency and reduces data errors, which frees up you and your team to spend more time focusing on more strategic and value-adding priorities.     

5. Multi-Entity and Multi-Currency Management – Sage Intacct makes it easy to handle businesses operating in different regions. It has both multi-entity, multi-currency, and multi-language capabilities, including more than 42 languages that come included. These multi-entity capabilities make it easy to streamline consolidations and reporting, which allows you to manage global operations more efficiently.

6. Industry-Specific Functionality – While Sage Intacct offers general ERP and accounting software functionality, it was also created with specific industries in mind. Many industries face unique regulations, challenges, or conditions that mean they need software designed to meet them, such as healthcare, nonprofits, and professional services companies like lawyers or accountants. Sage Intacct offers industry-specific features tailored to fit the needs of nonprofits, SaaS, healthcare, and professional services companies. This means that you can rest easy with the assurance of knowing that Sage Intacct has you covered.

7. Seamless Integrations – Sage Intacct integrates seamlessly with other software solutions, including Salesforce, Expensify, and Bill.com. This allows you to extend the functionality of Sage Intacct and crate a single, integrated solution that handles all of your business’s needs. Instead of navigating data silos, your employees will be able to access all relevant operational and financial information from a single place—Sage Intacct.

8. Cloud-Based Accessibility – Sage Intacct is a 100% cloud-based platform, meaning you can access your financial data from anywhere, on any device. It also updates automatically, so your ERP platform is always up to date. Cloud-based systems are often cheaper to maintain since you don’t need to hire additional IT or buy new servers to maintain them.

9. User-Friendly Interface – Sage Intacct has an intuitive, user-friendly interface with advanced UX. This makes it much easier to use than many other comparable systems and means new users are up and running faster.

10. Proven ROI – Switching to Sage Intacct isn’t just about improving functionality—it’s also a smart financial decision. You’ll see significant return on investment through increased automation, improving data accuracy, and the ability to make better, faster decisions for your business. In addition, Sage Intacct’s transparent, modular pricing means you only pay for the features you need.

Top Ten Signs that It’s Time to Switch

Migrating from one platform to another is often an expensive and time-consuming process. Even under the best conditions, implementing a new ERP often involves bringing in outside consultants, additional costs, and extensive employee training. It’s understandable why some business leaders might look at those costs and decide to stick with their existing system.

The problem is that while manual workarounds and other jury-rigged solutions may work for a time, they often break down and become a bigger drain as companies grow. The benefits of getting a system that works for you and has all the features and functions you need far outweighs the long-term costs of sticking with a legacy system that isn’t working for you anymore.

Here are the top signs that it might be time to switch to Sage Intacct.

1. Your Current System Can’t Keep Up with Growth – Many businesses initially rely on basic accounting solutions like QuickBooks, Xero, or FreshBooks to manage their financial reporting. While they are great solutions when companies are small with relatively straightforward financial needs, they often can’t handle a growing company’s increased financial complexity. If your accounting staff is using spreadsheets and spending more and more time on manual workarounds, it might be time to switch.

2. Financial Reporting Is Time-Consuming and Inaccurate – If your staff is spending longer and longer compiling reports or if those reports are often outdated or filled with errors, it might be time to switch. This is one of the downsides of relying on spreadsheets and manual workarounds—that they take longer and often result in errors. Sage Intacct includes real-time dashboards and customizable reports, giving you instant access to real-time financial and operational data from across your business.

3. Manual Processes are Taking Up Too Much Time – Manual data entry and reconciliation processes waste valuable employee time and increase the risk of errors. Automating repetitive manual tasks means staff spends more time on strategic initiatives and value-generating tasks and less time on data entry.

4. There’s a Lack of Real-Time Visibility – Many basic accounting systems don’t provide access to real-time data. There’s always a lag before data becomes available. This means that business leaders are making business decisions based on outdated data. Sage Intacct provides real-time visibility, meaning you’re making decisions for your company based on a complete 360-degree view of current data.

5. If You’re Struggling with Multi-Entity Management – For companies managing multiple entities or operating globally, consolidating financials and doing monthly- and year-end closes can be a nightmare. Accounting staff may spend weeks combing through records and reconciling different standards to produce a single document. Multi-entity consolidations only grow more complex as your company grows and transaction volumes increase. Sage Intacct simplifies multi-entity consolidations, including automatically handling currency conversions and intercompany transactions. It delivers a consolidated view of your financials in minutes, not days.

6. If You’re Struggling to Manage Regulatory Compliance or Audits – Remaining compliant with regulatory and legal standards can be a challenge for any business, particularly one relying on simple accounting software. Sage Intacct is designed to meet accounting standards like ASC 606, GAAP, and IFRS and has other built-in compliance and audit tools. Its audit trail features provide transparency, ensuring your business is always audit-ready.

7. If You’re Dealing with Integration Limitations – Many basic accounting solutions like QuickBooks offered limited integration functionality with other software platforms. This can result in inefficiency and your staff relying on manual workarounds. Sage Intacct seamlessly interacts with more than 200 best-in-class applications, including Salesforce, Bill.com, Expensify, and more. This means you can build an integrated ecosystem of applications with all data flowing automatically into Sage Intacct.

8. If IT Costs Keep Growing – If you’re struggling with growing IT expenses or if your IT staff are overburdened, switch to a cloud-based system that is easier to maintain and updates automatically. This reduces your IT costs and the burden on your IT staff.

9. You Need Industry-Specific Functionality – Basic accounting software and simpler ERP software solutions don’t include industry-specific functionality like subscription management for SaaS companies, donor management for nonprofits, HIPAA compliance features for companies in the healthcare sector, and more. So, if your business is currently struggling to manage industry-specific regulations or other requirements, it may be time to switch to a solution with industry-specific functionality like Sage Intacct.

10. Your Finance Needs Are Shifting from Basic Bookkeeping to More a Strategic Approach – If your growing business needs an accounting department that extends beyond basic bookkeeping into financial strategy, it may be time to switch to a platform like Sage Intacct. With its advanced analytics and forecasting tools, Sage Intacct empowers you with actionable insights that drive growth, profitability, and efficiency.

How We Can Help

Sage Intacct’s combination of advanced features, scalability, and flexibility makes it the perfect solution for organizations ready to take their financial management to the next level. If your current accounting software is holding you back, it might be time to consider switching to a more versatile solution. From real-time insights to automation and scalability, Sage Intacct delivers everything you need to transform your financial processes and position your business for long-term success.

At CertiPro, we’re experts in all things related to Sage Intacct from implementations to training to integration. We specialize in crafting solutions designed to fit our customers’ needs. Contact us today to see what we can do for your business.