Spend Management Software

Sage Intacct makes it easy to streamline your purchasing and payables processes and ensure company spending complies with corporate budgets.

Spend Management Accounting and Financial Management Advanced Functionality
Trusted by
United Way of Central Indiana
Montana Health Care Providers
Velocity EHS
Bay County Medical Care Facility
Acquia

Automation and productivity highlights

Automatically track budgets, compile spend requests, and manage funds availability

Automatically apply limits to all departments and locations to ensure budget compliance

Adjust the budget on the fly to accommodate unexpected spending needs

Keep company spending on track

For cost-conscious companies, tracking spend is essential. Different departments have different expenditure needs and want to purchase from preferred vendors. And with employees in multiple locations, you face an increasing need for smart, effective controls and complete visibility to avoid the overspending and unexpected costs that can limit business growth potential.

Sage Intacct spend management software lets you govern all company spending compared to your budgets, so you never spend more than you should. And with real-time dashboards, you can thoroughly analyze the “spend trend” to stay on top of company purchases and reduce unplanned variances.

Accounting and Finance Advanced Functionality Spend Management to Keep Company Spending on Track

Learn how the team at MHA, an Association of Montana Health Care Providers:

  • Increased visibility into spending
  • Saved $100,000 per year without having to add headcount
  • Simplified multi-entity consolidations and improved grant management

Total control of corporate spending and procurement

With Sage Intacct spend management and procurement software, you can automatically enforce spending limits to avoid budget variances and meet corporate policies. Sage Intacct’s multidimensional architecture lets you create custom validation rules based on the type of spend request (such as direct and indirect items), department, and location. Sage Intacct can even send alerts or stop spending if a request exceeds the budget.

Accounting and Finance Advanced Functionality Spend Management with Total Control of Corporate Spending and Procurement

Thanks to Sage Intacct, VelocityEHS can now easily understand how they're actually spending their money as well as:

  • Save more than 3 weeks per month of manual work with financial automation
  • Scale easily with the company's 30% growth
  • Achieve software payback in less than 3 months

See corporate spending with just a click

Sage Intacct corporate spend management gives you instant visibility into spending vs. budget. Immediately assess the impact when reviewing a spending request or see how much has already been spent. You’ll make more informed decisions on spending requests when you can see whether there are enough funds in the budget.

Accounting and Finance Advanced Functionality Spend Management with Instant Visibility of Corporate Spending

Learn how Bay County Medical:

  • Reduced spending 5-7% through improved visibility and accountability
  • Achieved 50% gross margin improvement
  • Slashed monthly close cycle by 90% while improving reporting accuracy 70%

Dive deep to smarter spending decisions

Sage Intacct’s multidimensional system lets you track budget vs. actuals based on the attributes that matter most: department, location, vendor, and more. Our dashboards let you slice and dice your data quickly and easily to see trends and monitor variances in real time. See the big picture in seconds and make better, faster, and smarter decisions.

Accounting and Finance Advanced Functionality Spend Management for Smarter Spending Decisions

Learn how Acquia transitioned from manual financial processes to the cloud in order to:

  • Cut order-to-bill processing time by 50%
  • Reduce deferred A/R balance 33% and DSO 10%
  • Decrease cash forecasting variance 80% while increasing operational cash 10%

Advanced Functionality

Flexible advanced functionality to automate and streamline key finance and accounting processes.

Resources

Insight into Financial and Community Impacts Support More Effective Program Decisions - United Way of Central Indiana

Insight into Financial and Community Impacts Support More Effective Program Decisions - United Way of Central Indiana

Spend Management

Spend Management

Are You Ready to be a Tech-Savvy Finance Leader?

Are You Ready to be a Tech-Savvy Finance Leader?

Now that our supervisors actually see their financials on a daily basis in Sage Intacct and know how much money they have available to spend, they’re tightening their belts and taking cost control very seriously. As a result, we’ve cut the variance between our operating expenditures and operating revenues in half. Thanks to this declining variance, we’re able to expend our property tax levy income for much-needed capital improvements, as opposed to spending it on operations.
Mike Regulski
Finance Director, Bay County Medical Care Facility

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Frequently asked questions

What is Sage Intacct Spend Management?

Sage Intacct Spend Management makes it easy to streamline your purchasing and payables processes and ensure company spending complies with corporate budgets. Planning and adhering to expense plans is more important than ever. Sage Intacct Spend Management can be used as an early-warning system when you are going to exceed budgeted expenses. It also gives you the ability to be proactive about spend and helps you decide whether to stay the course, alter your route, or plan to adjust spending.

What are the features of Sage Intacct Spend Management?

All the ways you stay in control:

  • Right treatment for type of transaction: Decide to use with warn or stop per application area so that you can control if transactions proceed based on the type.
  • Automatic spend validation: Automatically validate on submit or post each spend transaction against the budget and rules you set.
  • Denial or warning options: Choose whether to automatically deny a transaction that would exceed budget or allow it after issuing the user a warning.
  • Dimensional validation: Break out and enforce budget limits by dimension.
  • Duration control: Set the duration that spend management is in force on transactions. Includes checking on small intervals like month, against an annual budget, year to date budget or by project duration.
  • Spend Insight: Grant the ability for users and approvers to view budget impact with the convenience of a simple button push from spend transactions.
  • Notification: Set automatic notification to the budget administrator on an interval of daily, weekly, monthly so they can see where adjustments are needed.
  • History: Look back at decisions made and whether a transaction exceeded budget at that time.
  • Committed Spend: Check budget availability not only based on what has been spent already, but also include commitments made via vendor contract or thru purchase orders outstanding for better insight.
What are the benefits of Sage Intacct Spend Management?

Sage Intacct Spend Management provides finance teams with peace of mind that spending is staying in compliance with budgets and policies by automating controls within Sage Intacct while eliminating time-consuming, manual processes allowing the finance organization to focus on value-added work. Learn how the team at MHA, an Association of Montana Health Care Providers:

  • Increased visibility into spending
  • Saved $100,000 per year without having to add headcount
  • Simplified multi-entity consolidations and improved grant management