Press Release

Sage Showcases New Product Innovations at Sage Intacct Advantage 2018

Highlights Include Sage Intacct Budgeting and Planning, Interactive Custom Report Writer and Dynamic Allocations

Our pace of innovation and history of rolling out industry-first products is unmatched in our field – and a major reason why customers enjoy working with Sage Intacct. We’ve consistently delivered quarterly releases for years, and unlike on-premises and some cloud solutions that slow over time, we’ve continued to introduce substantial, innovative offerings that make our customers successful.

NASHVILLE – October 24, 2018 – Sage (FTSE: SGE), the market leader in cloud business management solutions, today highlighted three new innovations onstage at Advantage 2018, the Sage Intacct customer and partner conference taking place in Nashville, TN. These new solutions reinforce Sage’s commitment to investing in technologies that address the toughest financial management challenges of its customers.

“Our pace of innovation and history of rolling out industry-first products is unmatched in our field – and a major reason why customers enjoy working with Sage Intacct. We’ve consistently delivered quarterly releases for years, and unlike on-premises and some cloud solutions that slow over time, we’ve continued to introduce substantial, innovative offerings that make our customers successful,” said Aaron Harris, senior vice president and head of engineering and technology, Sage Intacct. “In fact, we’ve introduced more than 150 product enhancements in the past year alone, including a number of new products and some of the biggest quarterly releases in our history.”

During the opening keynote, Aaron Harris and Dan Miller, vice president of product for Sage Intacct, showcased the new functionality available for all Sage Intacct customers.

Sage Intacct Budgeting and Planning Ensures Holistic, Secure Collaboration for Improved Planning Across Small to Midsize Businesses

Introduced in limited release in September, Sage Intacct Budgeting and Planning is a powerful, yet easy to use, cloud-based financial budgeting and planning solution that streamlines and improves the budget planning process. It is designed for small and midsize businesses that have outgrown spreadsheets and email for collaborative planning but don’t have the time and money to implement and manage an enterprise-scale solution.

Sage Intacct Budgeting and Planning improves organizational alignment, reduces wasted resources, and improves security. It enables organizations to collaborate on the latest version of the plan or budget in a single secure application.

Interactive Custom Report Writer to Increase Business Agility and Improve Operational Insights

Sage today also introduced the new Sage Intacct Interactive Custom Report Writer, a modern, visual reporting tool built to increase the flexibility and agility required to improve business insights and day-to-day operations.

The new module enables users to build custom reports quickly and easily with hierarchical field selection, drag-and-drop functionality, and automatic formatting and simple subtotaling. The rich interactivity enables users to pivot, filter, sort, and expand data to answer specific business questions. Interactive Custom Report Writer also addresses more complex needs, implementing rolling sums and aggregations, as well as functionality that easily reorganizes and summarizes data with pivot tables. It also offers conditional formatting and color selection to draw attention to the most important data and trends to improve report usability.

Sage Intacct Dynamic Allocations Allows Customers to Streamline Complex Close Processes with Confidence

Like most close-related activities, allocations can be arduous, time-consuming, and error prone, but also vital to understanding organizational performance. Without allocations, nonprofits have limited visibility into the full cost of programs, and project-based businesses struggle to understand profitability.

Sage Intacct Dynamic Allocations empowers organizations to streamline the close process with confidence, enabling them to more efficiently and accurately represent the financial performance of products, projects, departments, and business processes through allocation of indirect revenue and costs. It enables companies to save time, reduce errors, and streamline audits, increasing transparency into organization performance and eliminating cumbersome spreadsheets.

Organizations save time by setting up sophisticated allocations once and then dynamically generating future allocations with the press of a button. This ensures consistent, automated processing to reduce errors, streamline audits, and drive significant time savings.

Availability

All three solutions will be made available within Sage Intacct, a solution available on Sage Business Cloud, in the following timeframe:

  • Sage Intacct Budgeting and Planning is now available for purchase. For more information, please visit: https://www.sageintacct.com/budgeting-and-planning.
  • Interactive Custom Report Writer will be available in Q4 2018.
  • Sage Intacct Dynamic Allocations will be available in Q4 2018.

About Sage

Sage (FTSE: SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up, or enterprise. We do this through Sage Business Cloud – the one and only platform that customers will ever need, comprising Accounting, Financials, Sage Intacct, Enterprise Management, People & Payroll, and Payments & Banking.

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through Sage Foundation. Find out more at www.sage.com/en-us.

Media Contacts

Peter Olson

Phone: 408-878-0951
Email: polson [@] intacct.com
Twitter: @PeterOlsonPR

Brittany Benson

Phone: 408-620-3938
Email: bbenson [@] intacct.com
Twitter: @brittanybbenson

LaunchSquad

Phone: 415-625-8555
Email: sageintacct [@] launchsquad.com
Twitter: @LaunchSquad