Stop Revenue Leakage with Cloud Accounting Built for Engineering Companies

A project-based accounting solution built to drive financial performance from proposal to close-out. Track your project costing, bill your customers, and manage all your service lines from a single, easy-to-use system.

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Accounting and Financial Management Solutions for Engineering Companies

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Get the reports and dashboards built for how you do business

Engineering companies need timely, insightful financial reporting to make data-driven decisions to drive profitable projects. Sage Intacct provides easy-to-create reports, dashboards, and visualizations that are ready in real-time, allowing finance leaders and executives to look forward and plan for new projects, new service lines, staffing, and more based on what’s really happening.

Dashboards let you display financial and operational metrics such as profit and loss, utilization, billable hours, and much more – driving next-level insight. Project managers and team leads can instantly see their budget vs actual to ensure they are making financially sound decisions on their projects, without waiting on back-office reports. Get ahead of scope creep before it turns into lost revenue.

Engineering Companies Accounting and Financial Management Solutions with Realtime Visibility Dashboards and Reporting

Get the visibility into financial and operational data your team needs.

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Increase cash-flow with AI powered time entry, billing automation and custom invoices

For Engineering companies, cash-flow starts with time entry. With our artificial intelligent time entry system, you can get fast and reliable timesheets that are automatically linked to your invoicing process for fast customer billing. Manage even the most complex billing requirements for:

Time and expense
Fixed Fee
Milestone
Subscription
Hybrid models

By reducing the manual and tedious tasks of preparing invoices and recognizing revenue every month, you can scale your business and increase your cash-flow. Combined with our powerful AI timesheets, you can stop revenue leakage right at the source.

Engineering Companies Accounting and Financial Management Solutions with AI powered time entry

AI-powered Sage Intelligent Time solves age-old problems with new technology.

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Build your technology stack on your terms

Connect your entire team across the variety of systems they use to be successful. Sync your CRM, PSA, resource management, or any other software using our open API. With Sage Intacct as your core financial system, you can build your technology stack with the confidence that everyone is informed and able to make data-driven decisions. With hundreds of marketplace partners, you can rely on prebuilt integrations with:

Salesforce
Kimble PSA
BigTime
Expensify
Nexonia

Our core financial system allows you to take advantage of any niche system your team relies on by connecting it to Sage Intacct. Your entire team can trust a single source of financial truth no matter where they may need to see it. Keeping them informed, and on task.

Engineering Companies Accounting and Financial Management Solutions with Seamless Integration

Extensive marketplace partners offering pre-built integrations.

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Simplify and speed up consolidations to manage your organization's complexity

How can your business achieve efficiency and clarity when you're operating several different legal entities with different currencies and tax jurisdictions? Forget the headaches of spreadsheets and manual reconciliations. Sage Intacct's sophisticated multidimensional database lets you aggregate transactions and activities across your organization:

Multiple entities
Multiple currencies
Multiple projects and clients
Multiple locations

With push-button consolidations, you get fast closings and real-time analytics – in minutes, not weeks. Free your finance team to focus on strategy instead of tasks.

Engineering Companies Accounting and Financial Management Solutions with Quick and Simple Consolidations

Advanced multi-currency and consolidation accounting can cut your close time in half.

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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.

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SPRING

See why Sage Intacct is the #1 accounting software solution in customer satisfaction.

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Professional Services

Comprehensive project accounting built for service organizations

Professional ServicesComprehensive 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 FirmsTrack your project costs, bill your customers, and manage all your service lines
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

Product add-on modules for professional services

Intelligent TimeAI-powered timesheets

Project AccountingStay on-track, on-budget, and profitable

Time and Expense ManagementMaximize revenue and minimize time and effort

Resources for professional services companies

6 Key Metrics for Professional Service Organizations

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Sage Intacct Product Tour for Project Financial Management

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AI and the Future of Financial Management

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5 KPIs for Professional Services

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View all resources for professional services companies

Sage Intacct lets us drill into revenue and expenses for any project in real-time, and ensure a huge time savings to our finance team. With this flexible way of looking at data, we're able to give senior management valuable business performance insight, rather than delivering outdated reports months later.

Debora Hester

Controller, Geo Technologies

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Frequently asked questions

What does Sage Intacct offer for engineering companies?

Sage Intacct is a comprehensive financial management system with tailor-made features for project-based engineering companies. Over 1.5 million projects have run on Sage Intacct. We work with companies that have financial management needs ranging 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. That means 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 processes.

What is Professional Service Automation (PSA), and how does Sage Intacct provide PSA support?

Professional Service Automation (PSA) is a phrase often used to refer to a wide range of software features built to serve service-based organizations. 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 service-based companies. 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.

Why are Sage Intacct Artificial Intelligent timesheets changing the game for businesses that require time tracking?

Many engineering companies constantly face 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 provide a tangible tool for your team to receive continuous and trusted insights regarding their time. With this insight, your project managers can make better decisions, your project pricing is more accurate, and your invoicing and close process are faster than ever.

How does Sage Intacct improve the billing process for engineering companies?

For many growing engineering companies, the billing process is too labor-intensive to scale. Billing can be complicated 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, invoice formats, vendors, and all the other components required for billing, are instantly available for your team to quickly draft and issue invoices. Sage Intacct helps you to scale your business without being held back by cumbersome processes.

What type of financial reporting for a service-based business does Sage Intacct provide?

When it comes to financial reporting, automation, accuracy, and customization are critical requirements for an effective solution. Sage Intacct financial reporting excels at all three. By leveraging the general ledger’s dimensions, 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 focus 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.