Sage Intacct has been known for its leading accounting and reporting platform. This powerful, “born-in-the-cloud” solution, coupled with built-in automation and AI, can help organizations budget, plan, and adapt in a timely manner and more efficiently. Sage Intacct can provide business leaders with the tools needed to streamline financial operations.
Out-of-the-Box Functionality
Designed for CFOs and financial business leaders, Sage Intacct provides a robust general ledger solution. Upon purchase, you can leverage the Sage Intacct reporting dashboard out of the box. Sage Intacct automatically analyzes your data and product metrics. These financial insights are then segmented and illustrated on the reporting dashboard for real-time financial reporting.
Customizable, Real-Time Reporting Dashboards
Sage Intacct customizes the user experience via the “Role Based Dashboard” filter. Sage allows users to filter the reporting metrics based on their role. Similarly, financial leaders can personalize what is reported to their team by role or department. The metrics can also be viewed in deeper detail.
Users can further their self-service options with Sage Intacct’s full reporting capabilities. Sage Intacct will develop financial reports from Excel or Word, as well as a full list of your organization’s financial statements. These financial reports can be edited easily to become more user-friendly for sharing in HTML, CSV, PDF, and Excel formats within the dashboard manually or automatically with the “Schedule” option.
Streamline AP & Purchasing Processes
With Sage Intacct, you can set up a comprehensive AP and purchasing workflow with proper controls and an audit trail. Sage Intacct will document every step from the moment you begin purchasing within its reporting dashboard. There are many benefits to having a controlled AP and purchasing workflow in Sage Intacct, including:
- Maintaining a Detailed Workflow: Having a documented purchasing workflow process helps ensure that your purchasing data is readily available and accurate.
- Creating Purchase Requisition Workflows: Automate purchase requisitions by assigning a user to enter purchase requisitions, approve them, and verify the request to safeguard the correct steps are taken before the order conversion.
- Automating Billing & Budgeting: Control spending by easily converting purchase requests into vendor invoices all within the dashboard.
- Documenting Approval Workflows: Tracking the approval workflow process can help manage invoice and requisition statuses at any point in time.
- Connecting Accessibility Across Processes: Connect all processes within the Sage Intacct dashboard to reduce double entry and increase accessibility for your team.
Cash Management
Sage Intacct’s order-to-cash functionality is designed to manage grants, donations, pledges, and purchases. The platform allows you to document and track every step, from order entry to sales invoices and accounts receivable. Facilitate automatic daily reconciliations by connecting credit cards and bank accounts to the dashboard with the proper clearing and matching rules for one-to-one and batch items in the general ledger.
Close Processes at the Transaction Level
You can help improve your month-end process with Sage Intacct’s continuous close capabilities by allocating costs among the different segments of your organization. Sage Intacct can allow you to do this by customizing a transaction allocation template to equally and accurately allocate incurred costs.
Budget Repository
Sage Intacct offers a quick and easy budget repository that allows you to upload multiple budgets from Excel spreadsheets to be pulled into the general ledger. This functionality enables seamless budget-to-actual reporting, allowing you to compare budgets and calculate desired metrics with the uploaded budget and canned reporting from Sage Intacct.
How Forvis Mazars Can Help
Sage Intacct’s out-of-the-box functionality can empower you to deliver real-time, self-service reporting for key stakeholders. Sage Intacct’s reporting dashboard can output key metrics and insights, share customizable reports, document processes, and help improve month-end reconciliation upon implementation. The technology consultants at Forvis Mazars can assist in the implementation and customization of your Sage Intacct reporting dashboard. Contact us today to learn more.