In a professional services firm, you need cloud-based accounting software to help ensure profitable operations and improve your customer satisfaction, regardless of industry. Whether it’s digital marketing, IT services, professional employer organizations (PEOs), consulting, advertising, HR services, research, engineering, or another specialized sector, Sage Intacct has the professional services software that combines smooth operational workflows with greater financial visibility to bring your business to new heights. Consolidate your resource management into one efficient platform that scales with you.
Professional Service Accounting Software with Full Project Financial Management
Don't manage projects using the rear-view mirror. Sage Intacct delivers operational and financial visibility for your entire business—not just finance— for improved automation, profitability and customer satisfaction.
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The best accounting software for professional services
Learn how Halloran Consulting Group left QuickBooks behind to achieve banner results:
- Project margins rose 12% through real-time insights
- Billable utilization rose from 50% to 68%
- Monthly close time declined 50% from 20 days to 10
Professional Service accounting software for business
Accounting for professional services business is not always easy; manually processing and patching together countless Microsoft Excel spreadsheets or QuickBooks instances can start to take its toll. With professional services software for automated project accounting, your data moves seamlessly across your business in easily customizable, unified workflows. Manage projects and profitability by tracking project costs, expediting time-and-expense processes and accelerating project billing. Thanks to prebuilt integration with Salesforce CRM, you can streamline the quote-to-cash cycle – or use our APIs to integrate with a CRM of your choice. Time is a resource; let Sage Intacct automate your processes so you can focus your efforts where it counts.
Learn how Red Door Interactive switched from Microsoft Dynamics to:
- Save 55 hours on monthly workflows and reporting
- Reduce accounts payable processing time by 83%
- Achieve a 9 month payback based on business value
Professional services software to manage multiple entities and accelerate global consolidations
As companies grow, the complexities of multi-entity management and global consolidation can become extremely challenging. With Sage Intacct’s professional accounting software, you can quickly create consolidations to manage separate financials for multiple locations and entities across industry segments, service lines, regions, and countries. Sage Intacct automates currency conversions, inter-entity transactions, local tax reporting, and more.
Eliminate manual effort, countless spreadsheets, and multiple QuickBooks instances. With Sage Intacct professional services software, you can close your books faster and bring on the growth.
Learn how the Tandem Family of Companies improved profitability through efficient multi-entity financial management, data-driven decision-making and:
- Saved 500 person-hours annually by eliminating workarounds
- Reduced the monthly close 66% from 30 days to just 10
- Increased EBITDA 194% over 2 years, thanks to data-driven decision-making
See your entire business when you integrate your systems—seamlessly
Sage Intacct’s visual dashboards and flexible reporting give you unprecedented visibility—from any perspective, top to bottom. See profit-and-loss by business/service, project, manager, region, customer type, task or choose from many other dimensions and metrics – all in real-time – so you know what to improve and where to invest. With secure user-based access, your project teams can make smart decisions and optimize resource use as needed.
Business accounting software needs to integrate with other software, data, tools, and Professional Services Automation (PSA) for greater efficiency and competitive advantage. From CRM to project and resource management, Sage Intacct offers open integration to best-in-class solutions. You select the software that's best for your business and seamlessly integrate it with Sage Intacct.
Learn how Clinical Trial and Consulting (CTI) uses Sage Intacct's Professional Services Accounting Software to drive smart employment decisions with labor cost visibility and achieved:
- A software payback period of less than 4 months
- 30 hour reduction managing the monthly close
- Greater productivity for project reporting—saving 16 hours per month
Sage Intacct accounting software products— #1 in customer satisfaction
We’ve earned the highest customer satisfaction in the industry from G2 since we focus on delivering an integrated accounting solution that puts your success first.
See why Sage Intacct is the #1 accounting software solution in customer satisfaction.
Comprehensive project accounting built for service organizations
- Biotech and Life ScienceVisibility and efficiency for proactive, data-driven financial management
- Engineering CompaniesTrack your project costing, bill your customers, and manage all your service lines
- Human Resource and PEOsTrack your project costing, bill your customers, and manage all financial processes
- IT Service CompaniesTrack your project costing, bill your customers, and manage all your service lines
- Management Consulting FirmsReal-time insights, billing, consolidations for management consulting firms
- Marketing and Advertising AgenciesTrack your campaign and project costs, bill your customers accurately, and allocate your vendor spend
- Service-Based BusinessesTrack your project costing, bill your customers, and manage all your service lines
- Staffing and Recruiting AgenciesTrack your project costing, bill your customers, award commissions, and manage all your service lines
Resources for professional services companies
Recovering From Crisis: Getting Back to Business in a Post COVID World
IDC Analyst Connection - The Value of ERP Systems Tailored to Professional Services Organizations
Ad Agency Project Accounting
Project Financial Management
When our team went in search of a new accounting solution, we were looking for cloud-based options that would be more scalable, flexible, and intuitive for our teams around the world. Sage Intacct was a no-brainer for us because, unlike NetSuite and the other vendors we looked at, it met all of our requirements for integrated time and expense management and multi-entity consolidations, and was robust and adaptable enough to grow with our business over time.
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Frequently asked questions
Sage Intacct is a comprehensive financial management system with tailor made features for project-based businesses. Over 1.5 million projects have run on Sage Intacct. We work with companies that have financial management needs that range from simple cost tracking to detailed project task cost allocation and complex billing requirements. Our cloud-based system is centered on a high-powered general ledger that provides dimension level tracking for all of your transactions. What that means is you can significantly reduce the number of GL accounts you use, while also significantly expanding the way you report on your data. With automation of processes related to project costing, vendor management and accounts payable, project billing, time and expense tracking, and resource management, Sage Intacct can allow your finance team to focus on strategy instead of administrative process.
Professional Service Automation (PSA) is phrase often used to refer to a wide range of software features built to serve service organizations such as Consulting, Marketing Agency, Engineering, Architecture, Information Technology, and many other types of service providers. Many PSA software providers will use the term to refer to features related to the front of the project life cycle such as proposals, estimates and forecasting. PSA can also include resource management, time and expense tracking, vendor management and project billing.
Sage Intacct is a full featured accounting solution for professional services. Customers rely on Sage intacct to ‘own the dollar’ for all of their project financial management needs. This covers project budgeting, billing, time and expense, AR/AP, vendor management, purchase orders, and much more. By ‘owning the dollar’ our features extend to provide robust project financial reporting, resource management, and a suite of tools designed for operations and project managers.
The professional service industry is constantly faced with challenges of revenue leakage, low utilization, and strained project profit. Accurate and complete time entry is a major contributing factor to these struggles. Sage Intelligent Time is the only AI powered time entry system built into a full featured ERP system. Sage Intelligent Time provides each member of your team with an AI powered time assistant that provides suggested time entry cards based on that employee’s calendar, email, and other activity. Using machine learning, the Time Assistant gets smarter and continuously improves the speed and accuracy of your teams’ timesheet.
Sage Intelligent Time is providing a solution to an age-old problem for service-based businesses. Artificial intelligence and machine learning are providing a tangible tool for your team to provide continuous and trusted insights regarding their time. With this insight, your project managers can make better decisions, you project pricing is more accurate, and you invoicing and close process are faster than ever.
For many growing professional service companies, the billing process is too labor intensive to scale. Billing for professional services can be complex depending on the various elements that you need to include on your invoice. Sage Intacct is built to handle even the most complex invoicing requirements, as well as the variety of revenue recognition methods that can be associated with them. Automation around time entry, expenses, purchase orders, vendors, and all the other components required for billing, are instantly available for your team to easily draft and issue invoices, helping you scale your business without being held back by cumbersome processes.
When it comes to financial reporting, automation, accuracy, and customization are key requirements for an effective solution. Sage Intacct financial reporting excels at all three. By leveraging the dimensions of the general ledger, reports can be grouped and sorted in a near unlimited way. Financial reporting done right can provide the insight your financial team needs to go from burdened with administrative tasks, to focusing on strategic planning. Whether you’re creating multiple profit and loss reports, or automating project reports for your project managers, Sage Intacct can handle what you need.