If you use Sage 50 and Excel for financial reporting, it’s time to upgrade. With Sage Intacct’s customizable reporting, you’ll say goodbye to spreadsheets.
Sage 50 is a reliable and easy-to-use accounting program for startups. The software makes daily accounting tasks like invoicing, banking, and managing cash flow straightforward.
Some organizations never need to replace Sage 50. But finance leaders at organizations with increasing sales and new locations and entities realize their growth is outpacing Sage 50’s capabilities.
With Sage 50, many processes are manual—and manual processes take up too much time and cause too many mistakes. Multi-entity consolidations can take hours or even days. There’s a limit to how many people can use Sage 50 at the same time. And it’s difficult to integrate with other popular applications like Salesforce.
Reporting is one of Sage 50’s biggest drawbacks. If you use Sage 50 and rely heavily on Excel for your financial reporting, you’re not alone—90% of businesses with 50 to 200 employees do.
The Problem With Excel
Spreadsheets seem tailor-made for finance and accounting, but they’re actually static, time-draining roadblocks.
Dumping data from your general ledger into Excel and manipulating it is a nightmare: The amount of information is overwhelming, you make mistakes, and your data is outdated when you’re done piecing it together. Moving data between systems also creates a security risk.
And if your colleagues work on their own reports, there are too many cooks in the Excel kitchen. Formulas get broken, and everyone is confused. If an executive requests a report, they get different numbers from different people.
Without a central reporting source and real-time information, decisions get delayed—or worse, the wrong ones get made.
Spreadsheets block insights and data-driven decisions. They can’t provide a complete, accurate view of your organization’s financial performance.
Continued use of Sage 50 will hinder your organization’s progress because the system can’t grow with you.
It’s time to graduate to Sage Intacct.
The Power of Sage Intacct
Born in the cloud, Sage Intacct is a flexible, customizable financial management solution. Sage, one of the biggest enterprise software companies in the world, has grown by understanding its customers’ needs and challenges—and you’ll still be part of the Sage family with Sage Intacct.
With Sage Intacct’s multi-dimensional, customizable reporting, you’ll say goodbye to spreadsheets forever.
- Slice and dice your data your way
- Get the exact data you need in Sage Intacct, not Excel
- Generate reports in seconds, not days
- Use dashboards to group your most important reports, metrics, and KPIs on a single page for instant insights
- Consolidate across multiple entities with a click and see your data rolled up for a specific entity
Best of all, you’ll have the real-time data you need to make better, faster decisions.
Download our free datasheet that shows a clear comparison between Sage 50 and Sage Intacct.
You’ll quickly see why Sage Intacct is the natural next step in your organization’s journey.