Sage Intacct customers are saving up to 3 manual-work days a month via a fully automated cash flow allocation tool. In this post we’re sharing how Dynamic Allocations helps users stay audit ready and make data-driven decisions…
What's Great About Dynamic Allocations?
Imagine a cash flow allocation tool within the system that’s fully automated, enabling you to see the true performance and financial health of your business in real-time – sounds useful, doesn’t it?!
Sage Intacct Dynamic Allocations enables users to:
- Allocate Indirect Costs, Revenue Contributions, Assets and Liabilities across multiple different dimensions.
- Save days of time through task automation.
- Improve accuracy and gain vital insights into the entire business financials.
- Maintain an accurate audit trail.
What Can You Do In Sage Intacct Dynamic Allocations?
In addition to the basics of supporting statistical accounts, Sage Intacct offers many enhancements for customers. Intacct users are improving efficiency, utilising deeper, real-time insights into their business through features like:
- Get a snapshot view of the impact of an allocation for a before and after picture.
- Use user-defined or any standard dimension in the allocations set-up, enabling them to allocation input and output limits.
- Set up automatic, recurring allocations.
- Automatically identify allocations in the same period, then auto-reverse the previous one once the new allocation is created. This in effect resets the amount of the allocation, adjusting the allocations over time as your basis accuracy.
Sage Intacct Customer Benefits
The days worth of time saved that would previously be spent on manual tasks are a clear winner, but our Sage Intacct customers also benefit from:
Becoming More Strategic
Sage Intacct users can make more informed data-driven decisions by comparing allocation methods and reviewing strategy using the insights gained into the potential impact of allocations.
Staying Audit-Ready
Intacct makes it easy to prepare a detailed audit trail, while quick overviews backup and demonstrate the allocation rationale. The parameters for calculations are automatically attached to a journal entry, saving time plus improving accuracy and transparency.
Saving Money and Manpower
Automating journal entries enable Sage Intacct users to reduce the cost of outsourcing accountancy or having internal accountants spending days per month on allocations.
Ready for More?
Get to know more about Sage Intacct and its extensive functionality, flexibility and powerful features in our on-demand Sage Intacct webinar.
Whether you’re actively searching for a financial management system upgrade, or simply curious to find out more about this leading cloud accounting solution – get in touch with us to arrange a call or no-obligation demo.
Watch our Sage Intacct Demo
Why Choose Acuity as your Sage Partner?
In our 25+ years’ experience as a Sage partner, we’ve developed extensive knowledge in Sage Solutions, positioning us as a leading UK partner.
What makes us different? We offer:
- Fixed price implementations on all projects (no hidden fees).
- Working in partnership with customers to understand and achieve their unique objectives.
- Direct Debit payment options.
- Support service options to suit your business needs.
Arrange a Demo or Call
