Sage Intacct Accounting Software for the Transport Industry

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Accounting Software for Transport Companies

Intacct Insider

Managing finances for a transport company can be a bumpy road without the right tools.

When you’re battling against increasing costs of fuel, labour and vehicle maintenance, the last thing you need is outdated accounting software (or worse… over-reliance on Excel spreadsheets) letting you down.

Sage Intacct is a cloud-based ERP tool which can help you navigate these challenges and improve your processes. In this Intacct Insider, we’ll discuss Sage Intacct accounting software for transport companies.


Reporting

Reporting can become increasingly challenging when you’ve got multiple depots and departments, plus a whole fleet of vehicles and trailers. You need to keep eyes on your data when making strategic decisions, but your business is constantly moving; so data quickly becomes outdated.

Sage Intacct has the functionalities to build custom reports and dashboards for tracking metrics like fuel consumption, wages, asset costs and operating costs. This makes it much easier to closely monitor profitability and cash flow in real time.

The multi-entity capabilities in Sage Intacct also enable you to monitor performance at group, company and depot level, with the option to drill deeper into the system to interpret the numbers.

Automation

Processing large volumes of invoices manually takes up too much time and can impact your month end. With Sage Intacct, you can:

  • Build bespoke workflows with Purchasing and Order Entry
  • Set up automated billing cycles and invoicing
  • Automate your inter-entity transactions
  • Consolidate financials across different locations and currencies
  • Save time and reduce the risk of human error

Case Study

We successfully implemented Sage Intacct for B.J. Waters Transport, a group of 2 haulage companies with multiple depots. We asked Chris Woodhouse (Company Accountant at B.J. Waters Transport) why they decided to go with Sage Intacct:

“Sage Intacct will offer opportunities to refocus finance staff away from routine accounting tasks to value-added financial management activity.”

Integration

Transport companies are responsible for connecting producers, suppliers and consumers worldwide. When all your systems are joined up too, you gain a full picture of the entire business in one place and reduce the need to type the same information into multiple systems.

Sage Intacct has an open API for building reliable integrations with your external systems, such as your transport management system (TMS), warehouse management system (WMS) and customer relationship management system (CRM).

Intacct is also designed to expand as the business grows, with the ability to add new modules and integrations as you go.

Accounts Payable

If you’re currently signing off invoices physically, you could be losing out on opportunities to save time and benefit from early payment discounts.

Businesses using Intacct can establish an automated invoice approval process, bringing the whole process online and helping to:

  • Keep track of invoices
  • Eliminate manual work
  • Reduce late payments

Cloud-Based

The ability to work from anywhere has become a necessity for many businesses in recent years, bringing with it more demand for cloud technology. Sage Intacct is accessible via any device connected to the internet, which is especially beneficial for businesses with staff working remotely or hybrid.

Sage Intacct was built for the cloud from the very beginning, meaning that it’s well established as a leading cloud accounting solution. The infrastructure is robust and can handle large amounts of data, making it the perfect solution for growing businesses.

Implementing Sage Intacct

These are a few words to describe what our client, B.J. Waters Transport liked about the implementation process:

“Allocated an implementation consultant who had excellent product knowledge and a good understanding of business processes.”

Chris Woodhouse, Company Accountant at B.J. Waters Transport.

If you’re curious to see how Sage Intacct could work for you, our team are here to discuss your requirements and can help identify ways that implementing Intacct can help improve your processes.


For more information about Sage Intacct, please complete the enquiry form.



Interested to know more about our Sage solutions?

Call 01332 959008 or enquire online today

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