Transitioning from Sage 200 to Sage Intacct is a logical migration path for many organisations. Businesses that have outgrown Sage 200 or put off upgrading to the latest version frequently opt for Sage Intacct. And the reasons for doing so are compelling.
A software refresh can be a significant business decision. As such it's crucial to understand the motivations behind such a move. In this blog we delve into the top 5 reasons why Sage 200 customers are making the switch to Sage Intacct.
Advanced cloud capabilities
A key driver of the migration to Sage Intacct is its advanced cloud capabilities. Sage Intacct’s robust cloud-based platform provides real-time insights, scalability and accessibility from anywhere, at any time.
A recent Sage survey found a significant 67% of accountants express a preference for cloud accounting, believing that integrating cloud technology enhances the success of their businesses. And with almost three quarters of finance professionals stating they plan to use a cloud application for their financial management in the near future, making the move to a cloud-based financial management solution now is a sound investment.
Sage Intacct offers marketing leading security, streamlines operations, enhances collaboration and allows companies to adapt to changing business dynamics quicky and easily. And what’s more, it helps cut costs by 50% and delivers on average 250% return on investment.
2. Enhanced automation and efficiency
Renowned for its automation capabilities, Sage Intacct eliminates manual processes and significantly boosts efficiency and productivity.
Through the automation of repetitive tasks such as data entry, reconciliation and reporting, businesses that switch from Sage 200 to Sage Intacct free up valuable time and resources to focus on strategic initiatives.
The seamless integration of workflows in Sage Intacct minimises errors, accelerates processes and empowers financial teams to work more effectively.
3. Unrivalled reporting and analytics
Another key factor driving the migration from Sage 200 to Sage Intacct is Intacct’s advanced reporting and analytics. Sage Intacct provides quick insights and in-depth visibility into financial performance, budgeting, forecasting and more through customisable dashboards and reports.
Some businesses with Sage 200 are still using Excel spreadsheets alongside the finance application, managing data entry manually and struggling to manipulate reports. For these companies, the move to Sage Intacct is significant as they gain unrivalled reporting capabilities to more easily create reports, graphs, dashboards and visualisations.
The level of visibility Sage Intacct presents enables businesses to make data-driven decisions, identify trends, and optimise their financial strategies for long-term success.
4. Scalability and flexibility
Sage Intacct offers unparalleled scalability and flexibility, making it an ideal choice for businesses of all sizes across an array of industries.
The platform's modular composition, including the flexibility to select the Sage Intacct modules specifically required and add users as the need arises, is driving the migration from other accounting platforms, such as Sage 200.
The robust Sage Intacct API (Application Programming Interface) facilitates easy customisation and provides flexible, seamless integration with other industry leading systems.
Whether a company that currently uses Sage 200 is experiencing rapid growth or seeking to streamline complex financial processes with integration, Sage Intacct can adapt to evolving needs seamlessly. Application expansion, as business requirements evolve, is straight-forward and cost-effective.
5. Enhanced security and compliance
In today’s business landscape, security and compliance are paramount.
As a cloud-native solution, Sage Intacct is highly secure, hosted in AWS (Amazon Web Services). Sage 200 professional in a on-premise only solution. So, while some businesses opt to have the application hosted securely by a third party, such as CPiO Cloud, others will run the software from their own premises, taking on the risk of hardware failure, natural disaster or data leakage if security measures are not adequately implemented and maintained.
Sage Intacct was built from the ground up as a cloud product, with security in mind, and includes built-in features such as encryption, role-based access controls, and compliance with industry regulations.
Unlike Sage 200 professional, Sage Intacct also has the added benefit of always being up to date as it’s maintained on remote servers by Sage. This alleviates potential downtime during system upgrades or maintenance and ensures security and compliance updates are not put off until another time.
And finally, Sage Intacct is the first and only preferred provider of the AICPA for accounting and financial management software for companies of any size. For organisations where this is a requirement, the transition from Sage 200 to Sage Intacct is notable.
Is it time to migrate to Sage Intacct?
The move from Sage 200 to Sage Intacct is driven by various factors, including the desire for cloud-based technology, financial automation capabilities, advanced analytics, scalability and security. Collectively, these contribute to a compelling case for Sage 200 customers to migrate to Sage Intacct.
By embracing Sage Intacct, organisations are elevating their financial management practices, driving efficiency and ultimately positioning themselves for sustainable growth.
Are you a Sage 200 user looking for your next financial management application? If you have any questions about Sage Intacct, contact us today to speak with a Sage mid-market specialist. Not ready to talk? Why not take a look at our Sage 200 vs Sage Intacct comparison guide.