The Top Cloud Accounting Choice for Management Consulting Firms

A powerful financial management solution uniquely tailored to meet the high demand of management consulting firms. Track your project costs, 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 management consulting firms — See how Corporate Visions gained control of their business and grew with confidence thanks to Sage Intacct.
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Gain real-time visibility with financial reports and role-based dashboards

Management consulting firms need timely, insightful financial reporting to make data-driven decisions and run profitable projects. Sage Intacct provides easy-to-create reports, dashboards, and visualizations in real-time. So your finance team can look forward and plan for new projects, new service lines, staffing, and more – based on what’s really happening.

Display important financial information side-by-side for next-level analysis and insights. Quick access to budget vs. actual reporting allows your project managers and team leads to make financially sound decisions without waiting on back-office reports.

Management consulting firms accounting and financial management solutions with realtime visibility dashboards and reporting

Make data-driven decisions with confidence.

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Easy, accurate client billing - in any format

Sage Intacct allows you to bill for time and expense, fixed fee, subscriptions, and much more. With Sage Intelligent Time, you can harness the power of artificial intelligence (AI) to ensure accurate project costing and stop costly revenue leakage.

Get rid of manual and tedious tasks like preparing invoices and recognizing revenue every month, so you can scale your business and increase your cash-flow. All while ensuring ASC 606 compliance.

Management consulting firms accounting and financial management solutions with easy, accurate client billing

AI-powered Sage Intelligent Time is changing the game for time entry.

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Keep your teams in sync with seamless integrations

Ensure your entire team stays in sync across the different systems they use to be successful. Connect your CRM, PSA, resource management, or any other system 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.

Management consulting firms 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 you manage your business efficiently and with clarity when you’re operating several legal entities with different currencies and tax jurisdictions? Forget tedious 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 can close your books in minutes, not weeks. Free your finance team to focus on strategy instead of tasks.

Management consulting firms accounting and financial management solutions with quick and simple consolidations

Powerful multi-currency and consolidation accounting cuts your close time in half.

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Visibility and controls for project managers

Project financial management is critical to your success. But daily data pulls from various systems to cover project costs, billed and unbilled revenue, or resource reports take a long time and are hard to combine. This lack of insight is often at the root of unsuccessful projects.

Sage Intacct provides project managers at management consulting firms with detailed controls and unmatched visibility into billable time, resource assignment, and project profitability. As a result, you will get invoices out the door faster and improve your cash flow.

Management consulting firms accounting and financial solutions for project managers

See how Sage Intacct can help your project managers make timely decisions, streamline processes, and increase profitability.

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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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SUMMER 2022

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Professional Services

Comprehensive project accounting software built for professional services.

Professional ServicesComprehensive project accounting software built for professional services.
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

Product add-on modules for professional services

Intelligent Time AI-powered timesheets

Project Accounting Stay on-track, on-budget, and profitable

Time and Expense Management Maximize revenue and minimize time and effort

Resources for professional services companies

Analysts research

2022 Professional Services Maturity™ Benchmark Report

White paper

6 Key Metrics for Professional Service Organizations Sage Intacct

Product tour

Sage Intacct Product Tour for Project Financial Management

Webinar

AI and the Future of Financial Management

White paper

5 KPIs for Professional Services

View all resources for professional services companies

The visibility we have through Sage Intacct is great. It’s helped us improve profitability and make faster, better decisions because at literally the click of a button, we can see what’s going on in the business. We really hit it out of the park last year because we were able to see real-time data. Any time we saw things going south, we were able to react really quickly rather than waiting until the quarter was done.

Tanja Zieja

CFO, Halloran Consulting Group

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Frequently asked questions

What does Sage Intacct offer for Management Consulting Firms?

Sage Intacct is a comprehensive financial management system with tailor-made features for project-based management consulting firms. 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 organizations such as management consulting 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.

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

Many management consulting firms 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 consulting businesses?

For many growing management consulting firms, the billing process is too labor-intensive to scale. Billing for services can be complicated depending on the various elements 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, including ASC 606. Automation around time entry, expenses, purchase orders, 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 management consulting firm 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.