Growth can often bring on challenges that your current business solution may not be able to handle such as adding new business entities or managing accounting for remote locations.
Do you feel like you are outgrowing Sage 50, that it might be holding you back and you’re limited in your processes? Well, then it may be time to start looking at Sage Intacct.
With Sage Intacct, all of your business entities reside in one system so you can focus on what matters most, growing your business.
Take a look at the video or read about some of the features below to see how Sage Intacct can help your business grow.
Some key features of Sage Intacct
One system for everything
With Sage Intacct, all your business entities reside in one system. From the top level, or ‘route’, you have access to each of the individual entities. You can then set them up to have all the same chart of accounts, or different charts of accounts.
Easily create and track transactions
‘Inter-entity transactions’ are simple to create and easy to track. Different entities can even use different base currencies. Those working at the entity level, have the feeling that they are working in a single company, making direct experience quick and easy.
Permissions made easy
Permissions can also become another area of concern for a growing company, with multiple entities and locations. You want to provide self-service to people for things like reporting, but you don’t want them to have access to everything.
Sage Intacct provides permissions that can be scaled to the location that the user works in and to the area that person needs to see. For example, you may want the person to be able to enter sales orders for their entity, but they don’t need to see everything that is going on in purchasing. Also, you may want a manager to pull a report just for their departments without being able to delve into the financial information of the whole company.
Giving people ‘self-service’ access lets them get to the information they need when they need it, to help their part of the company grow, and you don’t need to become a single source for constant requests.
Take the hassle out of consolidation
One of the biggest time burdens we hear about from users of other accounting solutions, with multiple entities, is the inability to be able to consolidate information quickly and easily at period-close or when it is needed for decision-making.
Sage Intacct’s multi-entity structure allows you to consolidate multiple entities with just a couple of clicks. You simply select the entity you want to include in the consolidation, (this can be all of your entities or just a particular group) then choose ‘consolidate’. All the information is then rolled up and accessible for reporting. You can even include entities with different base currencies and have them convert to the base currency of the root entity.
Whether you’re growing geographically or creating diversified business units, Sage Intacct keeps you in control across your organisation.
If you feel like you are outgrowing Sage 50 and would like to discuss Sage Intacct in more detail then please contact us via the enquiry form or call 01332 959 008.
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