5 Reasons to take your Accounting and Finance Software to the Cloud

The impact of COVID-19 has led to businesses accelerating their digital growth and transformation strategies to adapt to a rapidly changing world.

Old entry-level accounting and finance software and systems such as Sage 50 prevent companies from transforming and achieving growth. Those businesses who are planning for growth are reconsidering what they need to support their business.

The time is now for modern businesses to find accounting and finance software that is designed to grow with them and enable them to do what they do best.

If you are reluctant to make the change, here are 5 reasons to take your Accounting and Finance Software to the cloud…

You can no longer afford to delay change

Businesses need the flexibility to embrace new opportunities and combat challenges to accommodate and promote growth.

However, many are held back by disjointed manual processes and out-of-date accounting and finance software, leaving them stuck with systems that require an IT specialist or significant investment to update, or processes which are tedious, time consuming and complicated to change.

Cloud accounting and finance software solutions such as Sage Intacct deliver deep accounting capabilities and advanced reporting that supports the financial needs of your business to help you fast track your success.

With Sage Intacct, you have the flexibility to adapt quickly.

Real-time data enables efficient planning

Without access to real-time data and updates, your team cannot make informed decisions around spending or accurately plan for the future.

To function and grow successfully, a business needs its departments to work in harmony.

Running your business using cloud-based accounting and finance software like Sage Intacct provides instant access from wherever you are to your company’s latest financials and data.

With Sage Intacct, you can bring all your data together and view it in one place to give greater insight into your business’ performance.

Integration of your other software, such as Salesforce, brings departments together for a smoother, more intuitive business management experience.

Data backlogs cost you money

Businesses using paper-based processes, countless spreadsheets and manual workarounds are creating a backlog of data that needs processing which delays progress in strategy and decision making.

The initial cost and disruption deter many businesses from investing in a digitised system.

Sage Intacct’s automation brings all your data together for end-to-end processing, manipulation, and analysis for a cost-effective, integrated view of your core financials and business metrics.

As a true cloud solution, Sage Intacct connects easily and securely with your other systems and updates are automatic – no downtime, no additional cost, and no need for IT support!

Eliminate manual workarounds and integrations, cut costs, access real-time insights and free up your team to concentrate on what matters, so your business can grow faster and go further.

Give your business a facelift with automation

Younger businesses have a significant edge as they generally opt for up-to-date digital accounting and finance software to streamline processes, increase productivity, and improve outcomes from day one.

Going paperless can seem daunting for well-established companies which are often comfortable with their old-school processes, but those that take the leap see instant rewards.

With Sage Intacct, you can access your all-in-one solution anytime, anywhere at the touch of a button on any device.

Embrace new and more efficient digital processes for timesheets, expense claims, billing and so much more with Sage Intacct for increased accuracy, overall cost savings and incredible growth.

Give your business a head start

Here at Acuity, our goal is to ensure that our customers are future-ready.

In a fast-moving, digitalised world, businesses must be ahead of the curve to survive and thrive.

From the last 18 months, it is apparent that being well-organised, efficient, and good at inspiring communication and productivity within your business is not enough.

You also have to be ready to adjust your strategy and processes to accommodate any changes and challenges.

A cloud-based accounting and finance software solution gives you the flexibility and foresight to reallocate resources ahead of time and keep on top of your business’s requirements.

Sage Intacct’s automation means your team no longer has to unnecessarily waste valuable time on administrative tasks and can instead focus on strategy, analysis and planning.