February 21, 2023

Why Sage 50 Users Should Move Finance to the Cloud With Sage Intacct

Sage Intacct

Blog > Why Sage 50 Users Should Move Finance to the Cloud With Sage Intacct


Sage Intacct financial management solution

Sage 50 is a reliable on-premises accounting solution from a trusted brand, and some organizations never need other software.

Others hit a wall with Sage 50 when their businesses grow. Then, finance teams spend too much time cleaning up the messes growth can cause, including:

  • Increasing revenue and expenses transactions
  • A painful, dragged-out close
  • Cumbersome, error-prone spreadsheets
  • Playing “find the manager” for approvals

These common growing pains can also lead to questionable decisions and incorrect or excessive spending.

You can find a modern, nimble approach to finance in the cloud.

Sage Intacct is a cloud-native financial management solution that’s making a big difference in growing organizations’ financial health. Intacct gives finance teams visibility and productivity so organizations can run simple, grow fast, and drive profit.

Measurable Results

Here are a few benefits your peers are enjoying with Sage Intacct:

  • Saving 20 hours per month with reporting automation
  • Eliminating 4 days of manual work per week
  • Slashing the monthly close by 73%
  • Saving $45,000 per year
  • Spending 60% less time preparing for audits
  • Completing bank reconciliations in 5 minutes versus 5 hours
  • Seeing payback in under 4 months

Let’s take a tour.

Scroll to the end of this post to see Sage Intacct in action. You need only 20 minutes to understand how Intacct is the logical next step for organizations outgrowing Sage 50.

Or read on for an overview of four of Intacct’s features.

Visibility

Dashboards are included as a standard module, and users add them as needed. Dashboards are easy to configure for specific roles, activities, or process needs.

Performance cards give you a real-time view of assets, revenue, net income, and expenses. You can compare the cards’ performance summaries to the previous month or any timeframe you specify.

Statistical accounts capture non-financial information such as headcount, hours worked, square footage, and data usage.

When you create a performance card that combines statistical and financial data, you immediately understand how your organization is performing according to various criteria—all from a dashboard.

Flexibility

Sage Intacct grows as your organization grows—without IT or consultant intervention.

Intacct’s financial report writer allows you to manage and modify the reports that matter most to you. There’s no code to write or queries to create.

And with granular permissions, you ensure your team views and creates only the reports you want them to.

Automation

With Sage Intacct, you can automate up to 90% of your business processes and reallocate your time to more valuable tasks.

Cash management is one example. Intacct provides automated bank reconciliation connected to thousands of banks worldwide. You can reconcile daily and always know where your cash stands.

Integration

Sage Intacct’s open application programming interface (API) allows you to seamlessly connect to any system with integration capabilities.

That means you can quickly and easily integrate Intacct with customer relationship management, payment services, payroll, point of sale, warehouse management, and more as your needs evolve.

Take the Tour

Enjoy the 20-minute tour of Sage Intacct below!

Let's go