I get asked all the time, “Why make the move to Sage Intacct?”. That is a valid question because after twenty years of working as a Sage100 consultant, I made the move to Sage Intacct last April. The answer is easy - the Cloud. Of course, there are functionality differences between Sage100 and Sage Intacct, but the biggest is where the solution resides and how we use it.
If your accounting system is on premise, you may have the illusion of more control over it. You can see the server, back up your data, add and remove workstations and users - all things that are tangible. For most of us accountants, we like tangible while the cloud seems more nebulous. Do you really have more control? Probably not. A former client of mine almost lost everything on their network to ransomware.
Why Sage Intacct and the Cloud? First, during these challenging times with the Coronavirus and mandates to work at home and employ social distancing, accountants can securely work at home or anywhere they safely can. As many businesses struggle with a rapidly evolving financial and social environment, their accounting teams can continue to stay on the job and keep the business operational.
Secondly, as a long-time consultant, I want to help clients do the things that inspire them, and I enjoy the challenge of finding different ways that I can help accomplish this. In my previous role, most of what I was doing for clients revolved around upgrades. Loading and testing the latest version, and then fixing everything that the upgrade blew up. With Sage Intacct, the updates to the system roll out seamlessly each quarter. That means every instance of Sage Intacct is on the same version. Gone are the days when I need to remember the specific features of eight different versions of the software. I never have to tell a client that they need to get a new workstation or server due to hardware and software incompatibility. I don’t worry whether clients are backing up their system properly or have fears that the server is vulnerable to attack from nefarious actor. I had a client that discovered that traffic for an undesirable site was being routed through their server. Sage Intacct is reliable enough for hospitals and secure enough for banks. Ever vigilant, Sage Intacct employs mass redundancy and has emergency response protocols in place.
Another great feature of Sage Intacct is that it scales. As you grow, nothing changes except you add new users. There are no worries about added memory or new servers. Sage Intacct is constantly monitoring and balancing the load on its servers so that transactions process quickly. We could go into an in-depth discussion of the number of API calls and transactions hitting the system at any given time but honestly it just works and it’s fast.
Sage Intacct is a forward-thinking, technology-driven division of Sage. They pride themselves on their artificial intelligence (AI) initiatives, coming in 2020, centered on the "Intelligent GL". Sage Intacct is committed to leveraging the power of AI to drive customers towards finance transformation. You won’t just report on what happened but will be able to predict what is going to happen and what should be done about it.
Want to learn more about Sage Intacct and the Cloud, contact us today.