Sage Intacct in the News

Taking care of employees, making them a priority and supporting their career paths, is the healthiest thing a growing business can do.

Growth isn't fueled by the sheer volume of new prospects but by the customers who are successful because of your product. Here's how to build in customer success to the very foundation of your organization.

Sage Intacct 2018 Release 2 offers improved functionality for several industry sectors. It also is compliance rich as it focuses on compliance for both Health Insurance Portability Accountability Act (HIPAA) and the EU General Data Protection Regulation (GDPR).

Technologies with this much potential don’t come along very often. But -- and this is a big but -- we’re not close to that becoming a reality just yet.

Big data now drives key decisions about capital expenditures and operating budgets. The financial aspects are familiar to CFOs. The real challenge, however, lies in deciding what types of data to aggregate, analyze, and base procurement decisions on.

The latest channel exec to sit in the Channelnomics hot seat is Sage Intacct's VP of channels

In today's highly competitive business world, mergers and acquisitions (M&A) are increasingly common. I've found that there are several key threads that weave a successful outcome for all parties involved.

Aiming toward a specific financial event is a lot like saying that achieving a specific metric or key performance indicator is achieving "success." True success is much deeper and can be tracked by milestones that accentuate the value of an overall business while satisfying various stakeholders.

We have cut our monthly close in half, from 20 to less than 10 days. We also utilize Sage Intacct to monitor our cash balances across all entities in the organization, saving 24 hours a week by running cash analysis reports directly in the system, instead of through Excel.

Before Sage Intacct, we were spending all our time preparing financials to show historical, descriptive data. Now, we’re adding real value to the organization because we’re able to spend more time analyzing and forecasting.

Sage Intacct is the most mature cloud solution that Sage has and it is still selling well in the US.

Most importantly, a cloud-based financial ERP changed our culture. The finance team saw productivity gains that made us better business partners across the organization.

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.

Rob Reid, CEO, is continuing to push the solution into new industries with the support of organisations that are well known in those industries. This latest partnership [with GuideStar] is a smart example of how Sage Intacct delivers a solution with the support of an organisation that has many links in this space.

During its first user conference since its $850 million acquisition by Sage, Sage Intacct executives placed product innovation at the center of the conversation, while assuring partners and customers that the merger will only spell positive improvements.

These are the largest accounting standards changes in the last 14 years. It's not as big as Y2K, which was a computer issue, but this is the largest change in revenue recognition standards.

Intacct has made its third release of the year generally available. Intacct 2017 Release 3 comes with several updates including improvements to contracts and project accounting, inventory and Salesforce integration.

Sage has surprised the market by announcing the acquisition of Intacct Corporation for a total amount of $850million (£654million). The transaction will see Sage boost its presence in the enterprise market with the acquisition of the cloud software company.

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.

In an international business environment access to international exchange rates is important. Integration into financial systems, like Intacct has with its FX data partnership with OANDA, delivers a range of benefits.

According to Vaquero the investment in the Intacct software paid for itself in less than two months, based on business value.

The true worth of accounting software for any business is in how well it supports your growth—and how well it uncovers your magic number.

The CRN 2017 Partner Program Guide offers the information solution providers need to evaluate IT vendors they work with or are considering working with. The guide is based on detailed applications vendors submitted outlining all aspects of their partner programs.

When looking at vendors focused on mid-sized or larger companies, Intacct was the clear customer satisfaction leader in the report—receiving a customer satisfaction score of 96.

Diversity around the office and up and down the corporate ladder is important. Studies continuously show that having people from different walks of life on staff drives success and innovation.

The Integrated Reporting movement presents a compelling new reporting framework that helps companies truly quantify their assets – and reckon with their exposure.

Intacct is a comprehensive accounting and financial management software product that offers excellent cash management capabilities. Comprehensive reporting, cash management, and multi-entity and multi-currency capabilities make it a good solution for global businesses.

Expanding into new markets is a challenge in and of itself, but when it’s a complex business and your financial management software can’t keep up, it’s time to make some changes.

When working with spreadsheets, it only takes one mistake to make a million dollar problem... Jason shares the importance of dashboard consolidation and the KPIs you should be tracking.

A survey of top finance executives at U.S.-based companies by Intacct shows that finance departments are behind in preparing to transition to new ASC 606 revenue recognition guidelines.

Companies in the US need to be more aware of these changes and the impact it can have on their business in the coming months.

Doug Boughton shares what he learned implementing cloud ERP with Intacct – including the hot issues of security, cloud integration, and revenue recognition.

The accelerating growth of the cloud financial management vendors has clearly shown that CFOs are warming up to cloud applications.

Libby Klayman of Sparta Systems shared the story of their Intacct cloud financials project – complete with complex third party integrations. Here’s what we learned during a frank Q/A session.

The Atlanta Visitors & Convention Bureau was growing but its technology wasn’t, so it updated its legacy systems to improve performance and flexibility.

FASB's much anticipated Accounting Standards Update impact all nonprofits. It is geared toward improving nonprofit financial statements and to provide more useful information to stakeholders.

By using Intacct, Skoah now can manage a high-degree of complexity, streamline multi-entity and multi-currency financial processes, while gaining new data insights on where and when to expand its business.

Intacct has been more than just a financial tool to streamline processes and improve reporting... it has helped Gateway Church focus more time on their mission.

Intacct helped DonorsChoose.org gain drill-down visibility into all aspects of financials and fundraising, as well as streamline its donation processing and other functions.

Intacct seems to be right out front leading the charge in helping companies deal with what is sure to be a complex and potentially disruptive transition.

Once you decide to move financial data and applications to the cloud, you'll need a cloud migration strategy so nothing falls through the cracks.

The company will use the new funding to go toe-to-toe with competition in the ERP sector...

Under the partnership, athenahealth will integrate and sell Intacct's financial applications with its revenue cycle management services.

Software companies are on the verge of being able to dramatically increase their business by having the insights necessary for explosive growth and high customer satisfaction.

Intacct was the most user-friendly of the bunch... edging out NetSuite OneWorld for our general ledger accounting Editors' Choice award.

In this slideshow, learn the secret truths that CFOs are loath to admit — the things that keep them up at night — and how a cloud-based ERP system can help overcome these challenges.

Intacct's cloud ERP software provides Education Pioneers with real-time collaboration, more detailed expenses, and faster closing of books than on-premises QuickBooks.