Sage 300 vs Sage Intacct; why do businesses consider changing their financial management solution?

Let’s take a closer look…

A sign of the times?

In our current fast-moving, ever-changing society, businesses are more challenged than ever to keep up with the pace. Having to quickly adapt working processes to accommodate remote working presented issues many were unprepared or equipped to handle.

While financial management software solutions have been serving customers perfectly well for decades, there’s no denying technology is advancing far faster than ever before – placing increased demands on finance leaders to deliver.

Are you facing tougher demands around:

More ad-hoc reports requiring up-to-date information?
Managing multiple entities due to expansion?
Compliance with increased changes in regulations and legislations?

Businesses who have switched to cloud accounting have reported the ability to improve performance, profitability and gain a competitive advantage through enhanced features and functionality.

Why Sage 300 users are moving to Sage Intacct

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Do we need to move to the cloud?

“If it ain’t broke, why fix it?” – that might be the saying, but could your finance management solution be holding the business back?

Depending on what you need from your accounting system, Sage 300 is a great solution that has no doubt done the job very well for a considerable time.

Sage Intacct is the ‘new kid on the block’ amongst Sage solutions, and while it doesn’t feature all the functionality Sage 300 users are familiar with, e.g. Payroll, Intacct still has the capability to do the job (and hundreds of others) through integration with Sage Intacct Marketplace.

So, what's prompting Sage 300 users to adopt Sage Intacct?

Forward-thinking finance leaders are choosing to implement best-in-class cloud solution Sage Intacct, because it offers them modern functionality combined with deep core accounting.

Sage Intacct is empowering businesses to grow their profitability, improve efficiency and slash close periods by up to 80%. How? Through features like these…

Always on, always current

Sage Intacct is a cloud native, true multi-tenant architecture solution, which provides anytime access via web browser. Updates are performed automatically, with no downtime.

Eliminating the additional costs for server upgrades, updates and IT infrastructure needed with on-premises solutions has been an attractive reason to move to cloud accounting for many.

Easier, multi-dimensional accounting

Businesses with a growing or complex chart of accounts are seeking ways to streamline and simplify them.

Cloud finance software Sage Intacct has helped businesses streamline their chart of accounts via on-demand, real-time deep reporting capabilities and workflow automation.

Sage Intacct facilitates multi-entity management and automated consolidations with ease, with a shared chart of accounts and immediate visibility into operational and financial data. Your General Ledger becomes your entire data warehouse when using Sage Intacct.

Gaining greater visibility

Role-based access to reports and dashboards grant users with real-time insights into KPIs and essential information, helping them keep projects on track, monitor performance and stay audit-ready at all times.

Let's talk about your ROI...

If you’re evaluating whether to move to cloud finance software, you’ll want to know what to expect from an ROI perspective.

Sage Intacct users typically find they achieve payback on the licensing costs in as short a timeframe as 5-7 months from implementation.

This is achieved through a combination of features such as:

Workflow automation; saving hours of time on manual processes and reducing close periods from weeks to days.
Connecting your systems; integration with Salesforce and other key systems, providing one accurate single source of data for everyone.
On-demand visibility; access to key metrics via web browser, enabling remote, permission-based access for stakeholders into performance and trends.

And finally...

For UK businesses, existing Sage 300 users can, of course, continue using the solution, with additional licence purchases available from a choice of Sage territories (though not directly from Sage UKI).

If your businesses is looking for additional functionality and an enhanced financial management system, considering Sage Intacct could prove as a highly suitable alternative solution.

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About Us…

As a preferred Sage Business partner with 30+ years’ experience, at Acuity we pride ourselves on working with our customers across a variety of sectors, to understand what they really need from their finance management solution.

Our expert team are there throughout the selection and implementation stages and beyond – with an exclusive fixed-price implementation, so you’ll always know where you stand.

Why not get in touch for an informal chat or free Sage Intacct demo to see if it could be right for your business, fill in the below form and we’ll be in contact soon