Sage Intacct Implementation
For a long time, software had to be hosted on a server and downloaded on your computer. Remote access wasn’t simple, and server maintenance drained your funds.
But now, cloud accounting offers the flexibility for businesses to work wherever and whenever they need to.
Our client made the move to cloud-based accounting and has discovered many benefits that go far beyond simply storing their data in the cloud.
In this article, we’ll discuss the project in more detail and how moving to Sage Intacct has helped future-proof the business.
Before Sage Intacct
Prior to working with us, our client used a server-based accounting system which was hosted on a server at their office.
The solution lacked the capabilities they needed, so they relied heavily on spreadsheets for tasks like tracking fixed assets, reconciling bank accounts and gathering financial statements. Purchasing approvals was also a very manual process, involving emails back and forth, and physical sign off.
It was time for change, so they reached out to us to explore Sage as an alternative. After talking through their needs, it was clear that Sage Intacct was the perfect fit.
It’s a true cloud-based system, meaning it’s accessible online via your web browser, doesn’t require servers, has quarterly system-wide updates (with no upgrade costs or downtime) and is protected by cyber security experts using the latest technologies.
During The Project
We kicked things off with a full scoping document which mapped out exactly how each area of the system should work for them.
Once everything was agreed, our consultants got to work building the core system, plus a few extras:
- Fixed asset tracking with automated depreciation
- Accounts Payable automation with invoice matching
- Bank feeds and automated bank reconciliation
- Custom Financial Reports, such as P&L by wages and Detailed Cash Flow reports
As they specialise in running clinical trials, integration with their volunteer database was essential. We assisted their in-house developers with the integration, which pushes study data, suppliers and related information into Sage Intacct.
Example: Automated depreciation using Fixed Assets Management for Sage Intacct
End Results
Since going live with Sage Intacct, the client has been able to:
- Access their accounting system anytime, anywhere
- Run granular reports directly from one system without Excel
- Save time and minimise mistakes from manual work
- Track and manage the whole approvals process all in one place
- Monitor performance in real-time with dashboards
- Generate bank files to simplify bank payments
- Redirect the team towards strategy and analysis
Plus, adding new entities is quick and easy, so they’ve got room to expand in the future.
Example: A custom dashboard for a CFO with performance cards, reports and graphs
Sounds Familiar?
If you relate to any of the challenges mentioned, you’re not alone. Many businesses continue to struggle with outdated systems that slow them down, but it doesn’t have to be that way.
We’re proud to be one of Sage’s leading Business Partners, and we take the role of Partner the extra mile. We’re not just here to sell software, it’s our mission to help businesses find the right solution, built it around their needs and support them as an extension of their business.
Whether you’re new to Sage or just exploring your options, we’d love to discuss your individual requirements in more detail.
To see what Sage Intacct could do for you, complete the enquiry form.
Interested to know more about our Sage solutions?
Call 01332 959008 or enquire online today
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