
Optimising Workflow with Cloud-Based ERP Solutions
Sage is the world's leading provider of technology that helps small and medium businesses run more effectively. It provides the most cutting-edge cloud technology to help their partners manage their finances, operations, and people.
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CIO Applications Europe | Monday, December 27, 2021

Sage is the world's leading provider of technology that helps small and medium businesses run more effectively. It provides the most cutting-edge cloud technology to help their partners manage their finances, operations, and people. Sage is continuing to move its cloud customers to cloud-based solutions. According to Jonathan Howell, Chief Financial Officer at Sage, mentioned that the performance of the company in the first nine months of the year demonstrated continued delivery against their strategy. Sage's growth is accelerating, owing to the increasing demand for Sage Business Cloud solutions, particularly cloud-native offerings, which help customers with their digital transformation. With the help of their additional strategic investment, they are laying strong foundations for future sustainable growth and the firm's long-term success.
Sage announced the acquisition of Intacct in 2017 as the first step in its transformation into a great SaaS firm. Since its establishment in 1999, Intacct had positioned itself as the top provider of cloud financial management software for small and medium-sized businesses. Intacct is a cloud-based ERP system that eliminates the requirement for traditional on-premises ERP systems to install and maintain hardware and data centres. Sage Intacct, which is part of the Sage Business Cloud, is used by thousands of firms ranging from startups to major companies to improve corporate performance and increase finance productivity. Their cloud accounting software tools and financial management solutions, as a best-in-class system, provide advanced accounting capabilities across numerous sectors, all with the goal of accelerating performance.
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Sage Intacct is one of the original cloud ERP software suppliers, and it is frequently on the short lists of businesses considering ERP purchases. In a cloud ERP deployment, the software vendor maintains the software and database in its own data center. Customers access the software via the internet and typically pay a subscription fee. Although Intacct has a lower initial cost, some organisations discover that they quickly outgrow the software. While Intacct often provides the functionality required to transition from an entry-level accounting system, as businesses grow, they may encounter restrictions such as a limited number of prebuilt reports and a level of complexity that makes creating new reports challenging.
Sage Intacct allows leaders to take control of their time by optimising workflows and automating repetitive, manual tasks so they can focus on higher-value tasks. Sage Intacct uses AI and machine learning to proactively and continuously analyse entries, eliminating manual corrections and resolving outliers in real-time, helping teams to get a better understanding of their entries and boost accuracy while focusing on what is most important. Sage Intacct has released Sage Intelligent Time during last year, which revolutionises time entry for professional service organisations. With accurate, real-time time entry, finance and operations teams can increase revenue, price more accurately, streamline billing, and manage resources more effectively. With each review, the time assistant becomes smarter, growing in accuracy and thereby saving professionals more and more time. Users have constant access to data, allowing them to close projects on time, bill on time, and empower project managers to make financially sound decisions regarding their projects.
In addition, Sage Intacct expanded its seamless payments experience to more U.S. customers. Businesses today can streamline and automate their vendor payment process using Sage Intacct Vendor Payments powered by CSI. Customers can pay suppliers faster, speed up reconciliations, and provide more payment methods with the new service, all while lowering payment transaction costs. Companies can save up to 25% or more every payment by eliminating the need to physically print and mail checks.
As a true, native cloud accounting software solution, Sage Intacct was built to meet the business needs today and for growing functionality needs tomorrow.
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