Struggling with the complex financials of your healthcare organisation? This post explores how cloud accounting is helping similar healthcare organisations succeed…

Healthcare financial management has a complex set of requirements; having to track costing and revenue for variables including per patient, location, contract or treatment can stretch a traditional accounting system to its limit.

Cloud native finance software, Sage Intacct is designed to handle even the most complex chart of accounts and is helping Healthcare organisations gain greater insights and tighter control over their finances. Here are 8 reasons they’ve chosen Sage Intacct.

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finance management for healthcare organisations

1 – Finance & Healthcare Expertise

Sage Intacct was developed by finance experts to simplify financial management, built with cutting-edge technology to provide the advanced functionality healthcare organisations need.

Featuring a depth of capabilities stretching far beyond that of a traditional finance software, cloud native Sage Intacct is a reliable, customisable and scalable accounting solution that suits complex, multi-entity organisations.

Intacct provides users with on-demand, instant visibility into financial and operational data and automates complex processes, saving them time and improving efficiency.

2 - Data Security

Handling and storing patient data safely and securely is of course a top priority in Healthcare, as is complying with a host of regulations.

Data security is at the very heart of Sage Intacct’s design, which features world-class security and privacy. Full system backups are performed daily (both tape to tape and at an offsite location) and the complete disaster recovery data centre assures customers that, even in the unlikely event of an issue, no more than 4 hours of data would ever be lost.

3 - Advanced Functionality

With a unique set of metrics to measure and stakeholders to satisfy, healthcare finance leaders are searching for ways to improve efficiency and simplify their financial management.

Gaining instant access to financial, operational and clinic or practice data on-demand is helping Sage Intacct healthcare customers in ways including:

Using customised dashboards for instant visibility into performance – permission-based, so they can provide stakeholders with access too!
Saving hours of time creating reports – Intacct allows you to create reports any time of the month, to be viewed by whoever needs them.
Making smarter, faster decisions thanks to scenario modelling and timely, accurate data access.

Sage Intacct helps you get, and stay, compliant with regulations requiring much less manual intervention, giving users peace of mind around audits and changing regs.

Discover a simpler method of revenue recognition in our short video below.

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4 - Cutting Edge Technology

A preferred choice of leading healthcare organisations, Sage Intacct is a powerful and intuitive cloud finance solution designed to make financial management easier and simpler.

This true cloud multi-tenant foundation is equipped with automatic system updates without the cost and upheaval of IT infrastructure upgrades.

Using Artificial Intelligence and Machine Learning tech, Intacct enables you to automate processes, predict likely future financial outcomes and gain deep, dimensional insights into the entire organisation.

A scalable and customisable accounting solution, Sage Intacct grows with a business and adapts to changing needs.

Is it time to move to cloud accounting?

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5 - Rave Reviews

The US Healthcare Financial Management Association (HFMA) peer review earned by Sage Intacct involves a comprehensive ten-step rigorous screening comprising of customer interviews, expert reviewed product demo and legal review.

Customers can rest assured the review legwork has already been done when choosing best-in-class Sage Intacct!

6 - Profitable Growth

Automating financial management with Sage Intacct has saved organisations like yours around 40 hours every month, previously spent on manual tasks and month end closes completed around 80% faster.

These time savings become even more valuable when put towards strategic planning and growth-fuelling activities, or on deeper cost-based analysis to achieve cost savings.

The scalable nature of Sage Intacct grows along with the organisation, eliminating the expensive hardware and IT upgrade costs of traditional on-premises solutions.

UK Company achieves growth with Acuity & Sage Intacct

Watch how a London based Acuity customer achieved growth with Sage Intacct.

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7 - High Analyst Ratings

Independent industry analysts including Gartner, TrustRadius and IDC have awarded Sage Intacct consistently high ratings for features and performance year on year.

In fact, in the G2 Grid Report for Summer 2022, Intacct scored 93% in overall customer satisfaction ratings, leading the scoreboard for these features and more:

Integrating APIs
Reconciliations
Data Imports & Exports
Time and Expense Management
Journal Entries
Budgeting & Forecasting

Check out the report findings in our below article.

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8 - AICPA Approved

The first (and only) preferred provider of the American Institute of Certified Public Accountants (AICPA), Sage Intacct has earned a big seal of approval across the pond, with a growing network of customers across the globe!

Satisfaction Guaranteed

Sage Intacct developers are so confident in the product design and performance, it’s accompanied by an airtight SLA (service level agreement) and a Buy with Confidence Guarantee.

A guaranteed 99.8% uptime, 24 hour disaster recovery programme and ownership of data all contribute to Sage Intacct’s reputation as a reliable, secure and easy to use cloud finance software solution.

Why choose Acuity as your Sage Partner?

We’re a leading UK Sage Partner with more than 30 years of experience in Sage solutions.

We won’t tell you what you want to hear – we’ll work with you, getting to understand your specific business challenges and goals, then work with you to and help you succeed!

No hidden costs – we offer fixed price implementations on all projects, so you’ll always know what the cost is, even if things run over schedule.

Superior Service

Sage have developed Intacct to handle the complexities of financial management, combining core accounting functionality with the unique, specific needs of a broad range of industries.

Choosing the right Sage Partner to join you on your journey is of equal importance of course, to support you through the implementation process and beyond.

At Acuity Solutions, we have over 30 years Sage experience and pride ourselves on building lasting relationships with our customers.

With vast experience of complex implementations (all at fixed prices!) we believe in getting to know you, your goals and financial management challenges, so we can help get – and keep – you on the path to success.

8 Reasons Healthcare Organisations Choose Sage Intacct