Sage Intacct in the News

A recent update to accounting standards for nonprofit organizations (ASC Topic 958) changes how nonprofit organizations recognize revenue, talk about restrictions of gifts, and more. Katie discusses the recent updates to Sage Intacct to help clients understand the changes, and prepare them to engage their staff and supporters in telling the full story of their sustainability, liquidity, and more.

One of the things that I really value about Intacct is its ecosystem. Sage Intacct has a phenomenal ecosystem.

Our goal is to streamline processes and empower finance leaders to make smart business decisions for their company through our cloud-based financial management software.

Executive vice president and managing director Rob Reid told me proudly that his company has a 98 percent positive rating on G2 Crowd.

I’m always pushing vendors for customer use cases to validate their next-gen aspirations. Sage Intacct Advantage 2018 brought a welcome twist: a series of customer presentations backed up by financial transformation proof points.

While unlimited vacation policies may seem attractive and progressive at the outset, they’re often worse for companies and employees in the long term. In my experience, a predetermined vacation policy, while conventional, is actually the most sustainable method to find balance for your employees and, ultimately, grow your business.

Finance users are able to update budget plans and forecasts. They can also calculate what if scenario planning on them. They are then able to share relevant plans to different teams within the organisation.

I can say with confidence that upgrading to a secure, cloud-based platform for our back office systems has delivered exceptional returns in man-hours, and enabled our team to incorporate timely data-driven insights into our business strategy.

Whether the algorithms are looking for anomalies like fraud or are looking for patterns like recurring financial transactions, the algorithms are infinitely smarter when they can learn from the combined data of tens of thousands of customers.

The only way to understand customers is by spending time with them and deeply understanding the problems they want to solve and how these are evolving over time.

Sage Intacct is the software that we felt was the best fit for us. It really gave us a multi-dimensional system where we could segment things by donors.

Today’s funding environment is becoming increasingly competitive. Navigating to, and staying on, the pathway for success can be a confusing journey.

Sage Intacct is an ideal partner as we grow, because they offer everything we want, including advanced revenue management tools and powerful dashboards for our executives and board, via software-as-a-service that’s accessible from anywhere.

Sage Intacct is doubling down on the healthcare, nonprofit, and financial service industries with expanded functionality in a new release of the vendor’s cloud financial management software.

In this interview, Mark discusses how technology helps him streamline and automate financial operations, even amidst monumental organizational growth.

The best way to get to the C-level is to be naturally curious and come up with ways to attack the status quo.

Sage Intacct is one example of how cloud organizations can help professionals increase efficiency and drive growth for their organizations.

The dashboard is designed to automate the tracking and management of industry-wide best practice metrics, and provide benchmark information on nonprofit financial health, sustainability, and mission impact.

Cloud-based applications such as Sage Intacct offer many concrete benefits that traditional on-premises solutions just can’t match.

Speaking of the future, this is where technology will play a major role to push CFOs to their next evolution. Artificial intelligence and machine learning have the potential to completely revolutionize financial software and, as a result, the role of the CFO.

Gabauer said he has benefited from fintech automation. He uses the Sage Intacct cloud accounting platform, which generates reports and notices automatically. Without it, he said, he would need to hire one or two more people in his department.

Tetherow Resort in Bend, Ore., uses Sage Intacct to facilitate transparency between department heads and inform the hotel’s team as to where operational efficiencies could be applied.

A clear indication of the shifting tides in the ERP market is the growing number of organizations that are replacing their installed systems with a new Cloud-based solution.

I recommend that midsize companies that are considering changing their ERP or financial management system evaluate Sage Intacct’s offering, especially those in businesses that align with the company’s verticals and micro-verticals and those that operate globally.

We’ve created different metrics and different reports that we look at in a month to month or quarterly basis, depends on what the report is. We are now able to make decisions looking forward.

Financial software company Sage Intacct and GuideStar have together released a new tool designed to assess the financial health of nonprofits -- the Sage Intacct Nonprofit Financial Board Book Powered by GuideStar.

With critical revenue, funding, and expense data at their fingertips, nonprofit finance executives have real-time insights into the health of their organization and can make the important decisions that will shape their future

Oftentimes choosing the right productivity tool can be overwhelming. But here are some tech tools that can help you drive your business to the top and increase your productivity.

Intacct manages ERP solutions for a wide range of industries. But its healthcare-specific ERP system aims to help hospitals and practices achieve scale while ensuring financial processes and performance improves across multiple locations.

The Sage Group plc (“Sage”), announces that it has agreed to acquire Intacct Corporation (“Intacct”), a leading provider of cloud Financial Management Solutions in North America. The total consideration is $850m (£654m1) to be paid in cash and rolled over Sage options.

Intacct gets close to top market dollar for its IP in the sense the sale price is equivalent to around 8.8x revenue, a price it could not get in today’s IPO environment. Intacct customers get the backing of a much larger brand with R&D resources to match.

When financial data is provided in real-time, executive management can look ahead at what’s next, rather than looking back and reviewing what’s already happened.

Without a system of intelligence, you’re making decisions based on opinions and gut feel, not on fact. In this brave new world, an unintelligent ERP is increasingly becoming pointless.

Many CFOs are loath to consider AI because they see it as a risk. According to Intacct’s CTO Aaron Harris, however, automation will be a key resource that the finance industry must embrace.

Arctic IT partnered with Intacct to provide a versatile and cost-effective SaaS-based solution to our clients nationally. It brings to Intacct its existing relationships with Tribal Enterprise, Tribal Government, and Tribal Casino Management.

Switching to a robust accounting system like Intacct can make a big difference in your accounting operations.

Intacct ERP is an excellent, easily navigated product that offers mid-sized businesses a wealth of accounts receivable capability.

The community that we have built of partners helping partners, and teaming up on large deals, has led to a great place to be where there’s a lot of excitement.

The growth this past quarter was mainly driven by customer additions and an increase in Intacct’s average deal size. The company also introduced new contract and revenue management applications last year to address the upcoming ASC 606 revenue recognition guidelines.

For now, the ASC 606 headache is likely manageable and there is time to address it. However, allow these pains to go unchecked...