What is Sage Intacct and How Does It Benefit Growing Businesses?

Sage Intacct is a cloud-based Enterprise Resource Planning system (ERP). It helps you easily manage your front- and back-office financials and operations from within a single, integrated software solution that is securely available to you and your employees anywhere and anytime.

It is also the world's first and only AICPA-preferred financial accounting solution.

Built to power your growth, Sage Intacct provides deep yet instantaneous accounting capabilities across multiple entities. It delivers one of the top AI experiences in the ERP world through innovative continuous accounting.

So, what is Sage Intacct? Short answer: The financial and operational business management software helps you grow your company quickly by making all your core business processes blazingly fast.

Five Ways Sage Intacct Turbocharges Your Organization

In our modern world, it's no secret that the most successful organizations are prepared to move instantly when opportunity knocks. However, many small or mid-sized companies face a barrier to growth because of the time it takes to gain accurate insight into their financial and operational status.

Sage Intacct can significantly reduce your decision-making time with its five key capabilities built to help your organization streamline and speed up daily processes.

1. Real-Time Accounting

The financial picture of your organization changes throughout each day. Still, typical accounting software solutions hold companies back with outdated processes that result in slow data capture, even slower manual data entry, and positively sluggish reporting.

Sage Intacct keeps you up to date with your financial picture every second by leveraging robust and secure, cutting-edge AI capabilities that provide you with real-time accounting ready as soon as you are.

How it works: Automated reconciliations always keep your cash position up to date. AI-driven outlier detection uses secure machine learning to review your journal entries and flag potential errors for follow-up. This combination keeps your books updated and error-free, so you immediately have all the data you need at your fingertips when you need to make key decisions.

2. 360° Visibility

Real-time data is excellent, but to make it work for your organization, you shouldn't manually track down key information. Yet, typical accounting solutions require you to run numerous reports and then copy and paste reported data into spreadsheets before you can understand the state of your finances. What a waste of time — and how very, very slow.

By working with an experienced, knowledgeable Sage partner, your business can quickly configure Sage Intacct to help every one of your team members stay proactive with the power to monitor —and act on— evolving trends as they're happening.

How it works: Real-time dashboards provide you and your team with an instant, at-a-glance understanding of the key metrics that impact each person or role, with drill-down and unlimited custom dimensional reporting. This allows you and your employees to quickly digest and analyze the data that truly matters for each unique, critical decision.

3. Seamless AP & AR Automation

Your business finances rely on income and expenses. The faster you can process these, the more precise your insight will be at any given moment. Unfortunately, most accounting systems slow down your processing time by requiring manual data entry and lookup.

But what is Sage Intacct? The tool that speeds up every accounting process for you, of course! With seamless automation for accounts payable and accounts receivable data entry, Sage gets you paid faster and helps you pay your vendors effortlessly.

How it works: Sage provides end-to-end automation for accounts payable by integrating your entire AP ecosystem —from your vendors to your banks to your payment processors— and enabling custom workflows for them all. For accounts receivable, it accelerates payments and enhances cash flow by providing your team with a unified overview of quotes, sales orders, invoices, and important status updates — all on a live-feed dashboard.

4. Instant Multi-Entity Rollups

Business growth can be a blessing or a curse, depending on how well you are prepared to handle it. The larger your company grows, the more complex your finances will be, guaranteed. Most financial solutions place this burden fully onto your accounting team’s shoulders, requiring them to work longer hours or increase headcount to carry the weight of multi-entity reporting.

Sage Intacct offers a comprehensive solution that helps you consolidate hundreds of entities within minutes rather than days. It does this by automating intercompany eliminations and streamlining the creation of both individual and consolidated profit and loss statements (P&Ls) that are ready for your analysis the second you need them.

Need more speed? VBCC's expert Sage consultants are the tech arm of Vrakas CPAs + Advisors, an award-winning business accounting firm. We can help you take advantage of the Sage Intacct full range of multi-entity capabilities, including bank reconciliation for multiple bank accounts, setting up accounting for new business entities, and managing multiple currencies efficiently.

5. Cloud Convenience

If your organization can't keep up with the modern world's blistering pace, it won't be long before you fall behind your competitors. That's just plain common sense. Any business downtime could hold your company back, so you don't want to waste time provisioning new hardware every few years or recovering from cybersecurity events.

As one of the world's leading cloud ERPs, Sage Intacct makes it easy for your company to keep pace with and pull ahead of your competitors, as you should. At VBCC, we're proud to say that our team holds some of the top minds who helped develop key aspects of Sage Intacct, which makes us your best resource for getting the most out of your new cloud ERP in record time.

How it works: We've talked about the time savings that come from real-time accounting and insight, but cloud-based ERPs also save you time by eliminating hardware-provisioning concerns, strengthening your cybersecurity with enterprise-grade protection, and delivering a great, modern user experience that makes training on and operating your new ERP a breeze.

What Is Sage Intacct's #1 Benefit?

We've all heard the quote, "Move fast and break things," which Mark Zuckerberg famously stated during the early years of Facebook. Since then, that quote has become a modern business mantra, implying that speed is everything for business success.

But here's the thing: Even Mark Zuckerberg knows that speed is only valuable when supported by rock-solid stability.

Just a few years later, Zuckerberg revised his directive for Facebook employees. Very few people have heard his updated mantra, "Move fast with stable infrastructure," but that's genuinely the core thinking that has made Facebook one of the most valuable companies in the world.

Remembering that, you won't have to ask, "What is Sage Intacct?" anymore. You'll know that it's your business's way to "move fast with stable infrastructure" because it was engineered from the ground up to help your organization complete processes faster and smarter with reliable software that empowers you to capitalize on new opportunities through confident, real-time decision-making every day.

Learn More About Sage Intacct