Core Financials

Best-in-class core financial management platform

Having the right financial management tools is crucial in today's highly competitive business landscape. When it comes to streamlining and simplifying financial operations, Sage Intacct Core Financials module stands out as a leading choice for many businesses. This robust, cloud-based solution offers a comprehensive suite of features designed to enhance efficiency, improve accuracy, and facilitate decision-making processes.

Sage Intacct, part of the larger Sage software family, is designed specifically to meet the unique needs of today's businesses. It provides a range of modules – including Accounts Payable, Accounts Receivable, Cash Management, General Ledger, Order Management and Purchasing – each offering a wealth of features to streamline your financial operations.

With Sage Intacct Core Financials, businesses can achieve a new level of financial management – one that goes beyond just numbers and transactions. Instead, this innovative solution provides real-time insights, comprehensive reporting, and automation, empowering businesses to make informed decisions quickly and confidently.

Here, we'll explore the ins and outs of Sage Intacct Financials, shedding light on what it is and how it works. Whether you're a CFO looking for a more efficient way to manage your financial processes or a business owner seeking a scalable solution to grow with your business, this overview of Sage Intacct Core Financials will provide valuable insights to help guide your decision.

A Quick Look at Sage Intacct

Understanding the full potential of Sage Intacct Financials begins with a closer look at its suite of modules. As a comprehensive cloud-based financial management system, Sage Intacct Core Financials provides a seamless experience across several key financial areas, each addressed by a dedicated module.

Each of these modules within Sage Intacct Core Financials is designed to work harmoniously with the others, providing a unified view of your financial landscape. This integrative approach not only simplifies your financial management but also provides insights that are based on a complete, up-to-date picture of your business's financial health.

Whether your business is in its early stages or an established enterprise, Sage Intacct Financials is scalable and customisable, adapting to your unique needs and growth trajectory. Furthermore, as a cloud-based solution, it provides the convenience of accessing your financial data anytime, anywhere, enabling your team to be more responsive and agile.

Just click below to learn more about each Core Financials module and the key benefits you can enjoy.

Accounts Payable

Sage Intacct's Accounts Payable module transforms outdated, productivity-draining processes into automated, efficient workflows. This powerful accounting software is designed to manage the entire Accounts Payable cycle with confidence, saving you hundreds of hours and significant costs each year​.

Key benefits

• Efficiency and Productivity: By automating operations and removing unproductive workflows, Sage Intacct accounts payable management software can save you up to 100 hours each month.
• Workflow Customisation: With Sage Intacct, you can confidently manage the whole Accounts Payable cycle by quickly and easily setting definitions of your approvals, workflows, and internal control processes.
• Vendor Payment Management: The Sage Intacct software enables you to take advantage of savings while also ensuring that you pay the correct vendors the exact amounts.
• Digitisation: Sage Intacct's Accounts Payable allows you to digitise processes to enhance accuracy and speed up your accounts payable cycle​​.
• Expense Allocation: You can use Sage Intacct’s Core Financials to accurately divide costs among many offices, organisations, and divisions.
• Automation and Ease of Use: The platform automates workflows quickly and efficiently, letting you and your team focus on research, cash flow, and insights with less time and hassle. Track payments, reports, and approvals in real-time from anywhere. Sage Intacct's simplicity frees up time for data analysis, decision-making, and insights.
• Flexible Management: You can create automated, configurable processes to improve internal controls and ensure full accountability. You can set defaults for terms, discounts, general ledger accounts, payment priority, and payment dates. You can also recognise assets from AP bills and expense them over time or all at once on a set future date. Sub-ledgers let you close accounts payable separately from the overall close.

CLICK HERE FOR A CLOSER LOOK AT THE ACCOUNTS PAYABLE MODULE

Accounts Receivable

Sage Intacct's Accounts Receivable module simplifies and automates the management of customer invoices, payments, and collections. It helps businesses efficiently track and maintain accurate records of their receivables, monitor outstanding balances, and generate insightful reports. The module integrates seamlessly with other financial systems, providing businesses with enhanced cash flow management and improved financial visibility and control.

Key benefits

• Improved Cash Flow: The Accounts Receivable feature of Sage Intacct may expedite your payments and boost your company's cash flow. Automating procedures and sending invoices to clients via electronic mail can reduce the time it takes for them to pay you.
• Enhanced Integration: The software works in tandem with your current CRM of choice, among other business applications. A consolidated view of bids, sales orders, and invoicing is now at your fingertips, thanks to this connection. In addition, it streamlines billing and accounting by automatically posting order transactions to your general ledger and AR ledger. Modern, error-free sales tax calculations are also available through the system.
• Real-time Visibility: Sage Intacct's in-built and customisable dashboards, reports, graphs, and charts make it easy to keep tabs on your Accounts Receivable data in real-time. With this function, you may see all of your customers' past-due bills, as well as any recurring or delayed revenue. Sage Intacct's multi-perspective analysis of AR data provides a 360-degree view of your company.
• Control and Customisation: You may improve internal controls with the use of Sage Intacct's Accounts Receivable solutions through the use of automated, customisable processes. You can customise the approval procedure to fit your organisation's needs, giving you full oversight over accounts receivable at all times.
• Efficient Collections Process: By streamlining and automating the management of communications with customers, Sage Intacct Collections helps cut expenses and boost cash flow. Not only can you centrally record all events, but you can also send consumers customisable reminders, assign owners to collection cases, and increase responsibility. With this method, your debt collection will be more savvy and efficient.

CLICK HERE FOR A CLOSER LOOK AT THE ACCOUNTS RECEIVABLE MODULE

Cash Management

The Cash Management module in Sage Intacct's Core Financials suite is an integral part of the programme because it helps firms efficiently manage their cash flow. This feature provides thorough resources for handling banking operations, including the ability to reconcile bank statements and view cash balances in real-time. Its primary goals are the economisation of time and resources, the minimisation of human error and the promotion of sound judgement in monetary matters.

Key benefits

• Real-time cash balance visibility: The module provides real-time insights into your cash balance, enabling your team to make quick and informed financial decisions.
• Automated bank reconciliation: Streamline and automate the process of reconciling your bank statements, reducing manual effort and potential errors.
• Flexible bank account management: Manage multiple bank accounts effortlessly within a single system, providing a unified view of your financial landscape.
• Seamless integration: The Cash Management module integrates seamlessly with other Sage Intacct modules, enhancing the overall financial management process by ensuring data consistency across all areas of your business.

Click here for a closer look at the Cash Management module

General Ledger

As the foundation of your financial operations, Sage Intacct's General Ledger module is a comprehensive, flexible, and automated system designed to meet the needs of evolving businesses. This module stands at the heart of Sage Intacct's financial management platform, offering a range of features to simplify how you record transactions, track balances, and generate financial reports.

Key benefits

• Streamlined and automated transactions: The General Ledger module automates transaction entries, reducing the chance of manual errors and saving valuable time for your financial team.
• Flexible and adaptive structure: Sage Intacct's General Ledger adapts to your organisation's structure rather than forcing you to adapt to it. It allows for easy customisation to fit your unique business needs and growth trajectory.
• Real-time financial reporting: The module provides real-time visibility into your financial data, enabling detailed financial analysis and strategic decision-making.

Click here for a closer look at the General Ledger module

Order Management

You may streamline and automate your order processes with the help of Sage Intacct's Order Management module. From the point of capturing the initial sales order to the point of recognising the revenue, Sage Intacct's Order Management module has you covered. It integrates smoothly with other Sage Intacct modules, including Accounts Receivable and General Ledger.

Key benefits

• Improved Sales Order Accuracy: Sage Intacct Order Management allows you to manage the order entry and fulfilment process in one place, reducing the chance of errors and improving overall order accuracy.
• Streamlined Processes: The module automates your order processes, freeing up time for your team to focus on more strategic tasks.
• Elimination of Billing Errors: By automating and streamlining the order-to-cash process, Sage Intacct Order Management helps eliminate billing errors and improves customer satisfaction.
• Stronger Revenue Recognition: Integrated with Sage Intacct's revenue recognition module, the Order Management system ensures you recognise revenue accurately and in compliance with accounting standards.

Click here for a closer look at the Order Management module

Purchasing

Sage Intacct's Purchasing module is an integral part of its core financials suite that simplifies the procurement process. It offers a comprehensive set of features designed to manage your purchasing activities efficiently, from creating purchase orders to receiving goods and services, all the way to processing invoices for payment.

Key benefits

• Improved Accuracy: The Purchasing module automates the purchasing process, which can significantly reduce errors associated with manual data entry.
• Cost Reduction: Sage Intacct Purchasing helps streamline procurement activities, which can lead to significant cost savings by eliminating inefficiencies and reducing the time spent on purchasing tasks.
• Real-Time Visibility: With Sage Intacct Purchasing, you can gain real-time visibility into your procurement activities through its robust reporting and analytics capabilities.
• Vendor Management: The module allows for effective vendor management, enabling you to track vendor performance, negotiate better terms, and maintain strong vendor relationships.
• Seamless Integration: As a part of Sage Intacct's core financials suite, the Purchasing module integrates seamlessly with other modules, such as Accounts Payable and Inventory, providing an end-to-end procurement solution.

Click here for a closer look at the Purchasing module

Accounting software you can trust

Sage Intacct is the only preferred solution of the American Institute of Certified Public Accountants (AIPCA). This honour is a result of our dedication to tackling complex accounting issues, while maintaining an intuitive, user-friendly interface.

The AICPA has over 431,000 members who’ve seen and used every accounting system out there - see why Sage Intacct is the only one they prefer.

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Sage Intacct receives the highest score in Core Financials

Sage Intacct receives the highest score in Core Financials for the lower midsize enterprises use case in Gartner’s 2019 Critical Capabilities Report.

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Ignite Your Business with Sage Intacct Today

With its wide range of modules and powerful features, Sage Intacct Core Financials is a robust financial management solution for businesses of all sizes. Its suite of modules all work together seamlessly, providing a comprehensive and unified view of your financial landscape.

In the ever-evolving world of business, investing in a system like Sage Intacct Core Financials that integrates critical financial processes and provides real-time insights is not just a smart move but a necessity. As we've seen in this post, it has the tools and features to transform your financial management and position your business for continued success. Consider Sage Intacct Core Financials for your business to experience these benefits firsthand by clicking the button below.

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