visibility

Article Dean Dorton

This blog is the June Edition of our CFO Minute: A Sage Intacct ERP Series.

THE DAY THE DASHBOARDS STOOD STILL— Integrations between systems are important- but they become even more crucial if your day-to-day tasks include taking on the looming responsibility of manually rekeying in data from system to system. Sound familiar?

When modern businesses face rapid growth, their reporting data becomes more complex. Their workload becomes more intense, and they suddenly need more answers at a faster rate.

Growing companies need accurate data to keep their teams working in the present. But with so many options available, it can be difficult to prioritize what they need to stay on top of their company’s performance. Here are key highlights of what Sage Intacct’s innovative dashboards are able to bring to the table for businesses of any industry, of any size:

Real-time Visibility

Businesses, regardless if they are big or small, multi-entity or one location, need visibility – but not the visibility that means waiting weeks for answers. They need visibility into their metrics right now.

With the cloud, it’s possible for every company out there to see their data in real time, to drive their business at the speed of change, no matter how simple or complex.

Fast and Accurate Reporting

Growing companies need accurate reporting without having to re-enter data, write scripts or export their reports into Excel. They need to quickly gain insight into their performance.

They don’t need a system where they have to wait until the month-end to make critical company decisions with aging data. With the cloud, they don’t have to.

Sage Intacct, a cloud-based best-in-class financial management solution, has the tools that growing companies need to scale growth:

– Real-time Visibility on One Screen: Sage Intacct’s dashboard feature allows you to quickly drag and drop options to customize your view into your company’s performance. With graphs, charts and customized lists, the finance team and executives are able to sharpen their decision-making. Dashboards showcase only the metrics you need right now, with the option to change those metrics as your business changes in the future.

– Integrations: Unlike Netsuite and some legacy programs, Sage Intacct integrates well with many other best-in-class software solutions like SalesForce, ADP, and Paychex. This means your company can focus on growth –  not on trying to modify the way you do everything to accommodate your new software.

-Strong reporting customizations: With over 150 reporting options to start, teams can generate and deliver the latest financial and operations data more quickly and accurately, via email or the cloud, with more relevant data, and no waiting until month-end to see into your company’s progress.

Sage Intacct’s unique tagging feature allows you and your teams the capability to drill all the way down to the source transaction level for a more comprehensive view into your performance.

Sage Intacct’s Dashboards offers what growing companies need to work in the present and light a fire under growth.

Let Dean Dorton help you choose a financial management system that fits you, to help scale your teams and your business.

Sage Intacct’s Reports & Dashboards Data Sheet

Article Dean Dorton

6 Ways Cloud Financial Management Adds More Time Back to Your Day and Boosts ROI

The clock is ticking, deadlines are looming, and your finance team is stressing. There is so much to do, from month-end closing to revenue recognition to producing reports for the board. If only you had more time… 

Luckily, you have something better extra hours in the day. You have best-in-class cloud financial management software from Sage Intacct so you not only work faster, but with greater accuracy and efficiency, and in a strategic way to help you grow your business. With time-saving cloud accounting technology, you can: 

1. Automate core financial processes. If you have multiple entities, you can consolidate financials with the push of a button, automate currency conversions, and get consolidated financial statements without waiting for month-end. And you increase efficiency at month-end by closing the sub-ledgers that are ready while leaving others open as needed. Other processes are equally efficient, such as subscription billing; revenue recognition; and tracking projects, customers, and vendors.

2. Get automatic updates and quarterly releases that are touch-free for you—no business disruption and no costly upgrade projects. You can also eliminate hardware costs and time-consuming IT management from your cost of ownership.

3. Click on easy, intuitive financial dashboards to get a quick overview of your operational and financial performance, past and present. You can see key metrics from almost any perspective—business driver, entity, product, geography, channel, and more. With dashboards, you’ll never have to manually pull a report from a certain time period again.

4. Enjoy real-time visibility across the finance team. Everyone in your department has easy access to key reports, so you don’t have to waste time getting details from the CFO. And when you have new questions, it’s easy to click your way to a new custom report, dashboard, or visualization. Now it’s simpler than ever to get fast answers and make confident decisions.

5. Eliminate spreadsheets and the agony of manual entry. If your growing company is still relying on QuickBooks, chances are you are using spreadsheets as workarounds for things like tracking customer subscriptions, managing revenue recognition, or generating ad-hoc reports. Soon your staff is bogged down in manual tasks instead of focusing on value-add projects that promote growth. If you’re ready to be free from spreadsheets and other manual processes and focus on business viability, growth, and profitability, you need Sage Intacct.

6. Shrink your chart of accounts with dimensions. Sage Intacct’s dimensions capability offers an entirely new way to track and report on financial and operational data while simplifying your chart of accounts. Instead of building out a complicated, unmanageable set of codes, you only need to set up your primary account codes. And tagging with dimensions, instead of assigning transactions to hard-coded individual accounts, enables you to add business context to your data easily. With this flexible financial foundation, you gain quick access to the insights that speed decision-making and help drive growth.

Save even more time with the pros at Dean Dorton

Transforming your finance department into a time-saving powerhouse of efficiency and automation takes careful planning. The accounting technology experts at Dean Dorton will support you every step of the way, teaching you what you need to know so you can avoid repeating the same issues that cost you valuable time. Don’t wait another second—contact us for a free consultation today!