Migrating from Sage 300 to Sage Intacct?
Is your business struggling with the limitations of Sage 300? Do issues with poor visibility into real-time data, too much paper, over-reliance upon Excel, hardware compatibility, and limited integration with other applications make you wonder if it’s time for a more modern and flexible solution?
Here are the top 5 reasons businesses decide to migrate from Sage 300 to Sage Intacct:
1. SPREADSHEETS DO OFFER REAL-TIME INSIGHT FOR YOUR GROWING ORGANISATION
Are you frequently frustrated by the lack of flexibility and how tricky the reporting tools can be in Sage 300? Often, finance is entirely dependent upon IT or an external consultant to modify existing reports or create new ones. As a result, they spend far too much time dumping data to Excel, manipulating/pivoting/filtering/sorting information, and manually formatting required reports, charts, and graphs, which requires a lot of time.
Sage Intacct has built-in dashboards and reports that can greatly reduce, and even eliminate, the need for Excel spreadsheet dependence. Dashboards and reports provide instant visibility and enable timely, data-driven decisions with data updated in real-time and configurable for each user with clicks, not complicated code. Reducing your month end close by up to 79%.
2. MANUAL PROCESSES ARE REDUCING EFFICIENCIES
Sage 300 offers a solid suite of financial modules, but was not architected for certain industries (e.g. software and SaaS, professional services, media and entertainment, and not-for-profitst to name a few). Manual contract management, revenue recognition, project accounting, and fund management processes will be far less effective resulting in employee productivity problems, customer service delays, and profitability shrinkage.
Sage Intacct automates these key processes including opportunity to cash, project accounting, and fund management leading to cost-effective, strategic growth.
3. LACK FLEXIBILITY OF MULTI-ENTITY AND MULTI-LOCATION ORGANISATIONS
Sage 300 was one of the leading finance solutions when it was released in the 90’s. As the demands of organisations evolved Sage 300 stayed status quo.
In contrast, Sage Intacct was architected for the cloud and offers significant flexibility and benefit for today’s organisation. Consider:
- Multi-entity management – automatically consolidated financial and operational reports, intercompany transactions, allocations, shared chart of accounts (COA), customers, and vendors
- Dimensional accounting – rather than relying upon the chart of accounts and user-defined fields, Sage Intacct offers the ability to track and analyse an unlimited number of data dimensions.
- Multi-book accounting – track and report on an unlimited number of books (e.g. accrual, cash, tax, GAAP, etc.)
4. “BEST-IN-CLASS” IS A BETTER APPROACH GOING FORWARD.
When Sage 300 was released in the 90s, the prevailing wisdom was that a suite of modules from a single vendor was the best way to provide required functionality across any organisation and simplify integration, support, and the occasional upgrade. The problem is, no single suite of applications provides all the functionality an organisation needs. Further, only part of the suite represented the ideal solution, forcing the rest of the organisation to compromise with sub-optimal features.
Most organisations these days have moved or would like to migrate away from the limitations of a single vendor suite and have invested in “best-in-class” solutions – Salesforce, Adaptive Insights, AvidXchange, ADP, to name a few. Sage Intacct is a perfect fit for a “best-in-class” organisation. It integrates with over 200 leading cloud solutions, with APIs that are 12+ years backwards compatible, ensuring that integrations won’t break during product updates. As a result, businesses can utilise the tools they want for each line of business and have confidence that they entire solution will work together seamlessly.
5. EMBRACE THE CLOUD
More businesses are looking for proven ways to reduce the burden on internal IT, free up resources to pursue more value-added activities, and improve their employees’ ability to spend their time serving clients, thinking strategically, and moving the company’s mission forward. Sage 300 is an on-premises application which can be hosted, but this doesn’t drive transformation in the same ways a true cloud application will.
Sage Intacct provides access from anywhere, anytime, on any device. The annual subscription includes 4 hassle-free updates per year and provides worry-free hosting, backups, and data security. It enables your accounting, finance, and IT teams to make the highest and best use of their time and be more strategic resources for the whole organisation.
Why Sage Intacct is different and why it matters
CLICK HERE to contact one of our business consultants.
Built for finance
Every R&D dollar at Sage Intacct is spent on providing value to you, the modern financial professional. So our cloud ERP software delivers a depth of financial capabilities you won’t find in a software suite. It’s more flexible, too—adapting easily to the way you need and want to do business. This is what’s going to make your finance team more insightful and productive.
Built for growth
With more efficiency and sharper insight, you can be in a position to drive growth, not just cope with it. Sage Intacct automates the complete array of accounting processes—from basic to complex—so you can improve productivity, provide compliance, and grow without hiring. It is the only mid-market cloud ERP solution with a multi-dimensional general ledger and robust, easy to use reporting, giving you one place to go for a full view of your real-time business performance. And it’s scalable, allowing you to easily handle growing numbers of users, customers, transactions, or entities.
Built for the cloud
Give your team the advantage of a solution that was built from the start on a true cloud architecture. Sage Intacct’s multi-tenant foundation brings robust technology infrastructure to your organization, without the high costs, maintenance, or complexity that would be involved with an on-premises solution. It can be accessed anywhere, from any device, and offers a user experience that’s modern and easy to learn. And it connects easily with other cloud solutions, so you are free to choose your business applications based on functional fit, not integration concerns.
Built for success
As a cloud vendor, we know that our customers have a choice, and we have to earn your loyalty every day. And we like it that way, because it keeps us totally aligned with what matters to you. With the help of implementation experts that are also seasoned finance professionals, Sage Intacct customers achieve an average 250% ROI with the solution and less than 6-month payback period. It’s no wonder that Sage Intacct has received the highest satisfaction ratings in the industry.
Sage Intacct helps finance professionals increase efficiency and drive growth for their organizations. In other words, our difference is helping you make a difference. How? By automating your processes so you can run your day-to-day business better. And by giving you greater insight and flexibility—so you can make confident long-term decisions, then act fast to execute changes. Find out more about migrating from Sage 300 to Sage Intacct by booking a call with one of our business experts.
Watch the top 5 reasons why businesses choose to move to Sage Intacct here on our Youtube Channel: