What Companies Use Sage Intacct?

When it comes to Sage products, Sage 200 has a well-established base of users, with many in manufacturing.

However, this distinction might not be as clear for those looking into Sage Intacct. With its shorter history relative to 200, and its wider range of features, it’s only natural for there to be questions about if the software is applicable for a specific industry. After all, accounting software is a hefty investment, so you want to make sure it’s the right one.

In this article, we’ll explore the diverse use cases of Sage Intacct across several different types of companies, so you can start thinking about whether you can see yours using Sage Intacct.

Hospitality

Use Case 1: Hotel Management

A hotel is a complex web of departments, each with its own wages, associated utilities and operational costs. Whether you’re looking at catering, housekeeping or maintenance, Sage Intacct can keep an eye on costs for all of these departments.

Use Case 2: Restaurant Chains

If we asked you to think of a hospitality business with multiple locations, your mind would probably immediately go to restaurant chains. Sage Intacct is built for those multi-entity businesses, being able to consolidate hundreds of them in minutes. You can then view this information, generating reports that are more in-depth, and give you full insight into your business.

Professional Services

Use Case 1: Consulting Firms

Employees in consulting firms often have to juggle multiple projects. Sage Intacct helps you do this more efficiently, with its ability to track project expenses and labour costs at every stage. This ultimately leads to more productivity – making projects more profitable for you, and more satisfying for your clients.

Use Case 2: Legal Practices

Streamlining billing processes, managing trust accounts, and tracking client expenses are essential for legal firms. Sage Intacct’s billing automation means it can efficiently handle all of these tasks, as well as integrate with pre-existing payment software.

Non-Profit Organisations

Use Case: Charities

When it comes to finances, non-profit organisations are held to uniquely stringent standards. Add to this managing donations and grants and it can be hard to track – especially if you’re an organisation on the rise.

Sage Intacct lets you split out and track funds for specific purposes. You can have statements of activity, statements of financial position, and statements of cash flow for every funder, ensuring you know at a glance where everything has come from.

Healthcare

As the way people look after themselves changes, healthcare organisations have to match that change. Sage Intacct can be a tool in helping you do this, tracking operational metrics like ratios, capacity and revenue.

Intacct can also help healthcare organisations with more general finances. With the ability to create consolidated financial statements or summary rollup reports at any time, you can monitor financial performance against budgeted targets as often as you like. If strategies need adjusting quickly or resources need to be redeployed, you can deal with it as it happens rather than waiting until month-end.

As you’ve seen, Sage Intacct is useful in many industries. Though they may not sell physical products, these industries thrive when finances are both stable and agile. This is something Sage Intacct excels in, making it a scalable solution for their accounting needs.

Sage Intacct software is the best-in-class cloud accounting and financial management solution for businesses of any size. Contact us today to learn more – call 01332 959008, or use the enquiry form.