As businesses grow and evolve, their financial management needs become more complex. Many Xero users are transitioning to Sage Intacct to address the limitations of their current software and unlock new capabilities.
Here are seven of the key reasons that drive this migration.
1. To take advantage of true cloud accessibility
While Xero offers some cloud functionality, it doesn’t fully match the capabilities of Sage Intacct’s cloud-native design. Built exclusively for the cloud, Sage Intacct ensures secure, anytime, anywhere access to financial data, meeting the demands of today’s remote and hybrid work environments. Gartner predicts that by 2027, over 70% of enterprises will use cloud platforms to accelerate their business initiatives, making Sage Intacct the future-proof choice.
2. For advanced reporting and real-time insights
Xero’s standard reporting tools often require manual intervention and rekeying, delaying access to critical financial insights. Sage Intacct offers advanced reporting capabilities with customisable dashboards and analytics that provide real-time data. This empowers leaders to make informed decisions faster, with businesses reporting up to a 25% improvement in reporting efficiency after adopting Sage Intacct.
3. To seamlessly integrate with other applications for improved efficiency
Xero’s limited integration options can create data silos and inefficiencies. Sage Intacct’s open API supports seamless integration with a wide range of business applications, fostering a unified financial ecosystem. With automation and integration, businesses can reduce operational costs by up to 30% while increasing productivity by 20%, as highlighted in recent McKinsey studies.
4. To scale in line with business growth
While Xero is a reliable solution for smaller businesses, its limitations become evident as companies scale. Restricted user capacity, monthly invoice limits, and difficulties managing increased transactions can hinder growth. Sage Intacct provides robust scalability, enabling businesses to handle growth effortlessly while maintaining operational efficiency. Businesses switching to Sage Intacct report improved scalability and seamless expansion of financial operations.
5. To strengthen compliance and audit readiness
For growing businesses, regulatory compliance and audit readiness are critical. As complexity increases, Xero’s basic compliance features can fall short. Sage Intacct excels in supporting compliance with built-in audit trails, role-based security and automated processes that reduce human error. Businesses also benefit from easier reporting for tax, audit and industry-specific compliance requirements, making it a trusted solution for finance teams globally.
6. To gain deeper project and revenue management capabilities
Xero lacks robust project management and advanced revenue recognition tools, which can limit its usefulness for service-based businesses or those operating on complex contracts. Sage Intacct offers powerful project accounting and revenue recognition functionality that ensure compliance with ASC606 and IFRS15. Businesses report improved accuracy and efficiency in managing projects and tracking revenue performance by up to 66% when switching to Sage Intacct.
7. To experience an overall enhanced user experience
As Xero’s interface is largely predefined and not customisable, many users express frustration with its usability, citing limitations in navigation and functionality. Sage Intacct delivers a modern, user-friendly experience designed by finance professionals. Intuitive workflows, customisable dashboards, and streamlined processes improve user satisfaction and productivity, creating a more efficient work environment.
Are you a Xero user experiencing these issues?
If your business is outgrowing Xero, Sage Intacct offers a powerful, flexible solution that aligns with modern business needs.
Contact our Sage Intacct specialists today to explore how it can help overcome your current challenges and drive your success.