Outgrowing Sage 50? Migrate to Sage Intacct

What is your growth trajectory and do you have the tools to keep pace?

People often ask us how they should know when they’ve outgrown Sage 50, but that’s not the right question. The question they should be asking is – “How do you know when you are going to outgrow Sage 50?”

Some key features

More complex data

With growth comes the need for more complex data. When using Sage 50 to get at the analysis of your growth demands, you might have to use spreadsheets to manually integrate financial data from disparate systems with operational information. As your business relies more and more on manual processes and spreadsheets, it is no doubt that your finance team will slow down, often taking days or weeks to close financial periods.

With Sage Intacct’s automation for things like consolidations and revenue recognition, you can move your talented accounting teams from managing rows and columns of data to value-adding tasks that really drive your growth. Also, with better automation, you gain greater control over processes and data, which ensures an accurate source of truth.

Setting the right course

Like any growing business, you have a course that is best for you. But how do you identify the best course with complete or out of date reports? As you add complexity to your finances like, adding entities or meeting complex billing requirements, you need a system that gives you a complete picture to be able to make the right choice. As the rate of your growth increases the ability to gather the right data from across your organisation and access it in real-time pays big dividends.

No more missed opportunities

Many opportunities present themselves in a brief window. Sage 50 might not always offer up the information you need to take advantage of those opportunities. Responding to an opportunity often requires a combination of financial and operational reporting.

Robust analysis requires breaking out and comparing your financial data by locations, departments, customers, and suppliers. Whatever dimensions drive your success you need to be able to see trends over time and forecast along with those trends. In short, you require a level of transactional tracking and reporting insight that will allow you to dive into your business’s key metrics. All things that Sage Intacct is capable of.

Why Sage Intacct?

If part of your growth strategy includes attracting the right investors or even going public, you need a level of transparency into your financial health. Investors and auditors don’t want numbers muddied by multiple manual touchpoints and spreadsheets.

With Sage Intacct, you have a clear, auditable path from your report back to the very transactions they’re based on. If you believe that you may be on a path to outgrow Sage 50, take a closer look at Sage Intacct. See how it can automate complex processes, manage and consolidate multiple entities from a single system and lead the way in fast and effective reporting from a single source of truth.

Migrate to Sage Intacct, to gain confidence through visibility and control, and start doing accounting at the speed your business needs.

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.