Sage, the chief in accounting, monetary, HR, and payroll know-how for small and mid-sized companies, has not too long ago introduced elevated funding in Sage Intacct to allow prospects to automate processes, increase productiveness and enterprise efficiency and unencumber time to deal with operating their companies. We mentioned why Sage invested extra in Sage Intacct and the way these sequence of serious product updates and enhancements will assist their prospects keep aggressive post-pandemics with Dan Miller, EVP of Sage Intacct at Sage.

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses, has recently announced increased investment in Sage Intacct to enable customers to automate processes, boost productivity and free up time to focus on running their businesses. We discussed why Sage invested more in Sage Intacct and how these series of significant product updates and enhancements will help their customers stay competitive post-pandemics with Dan Miller, EVP of Sage Intacct at Sage.
Sage has not too long ago introduced elevated funding in Sage Intacct.
  1. Might you inform ERP Information readers about your self and your position at Sage Intacct?
  • I’m Dan Miller, Govt Vice President of the Sage Intacct Enterprise Unit for Sage.  I’ve had the good pleasure of main the crew that builds the Sage Intacct set of options since 2010 once I joined Intacct (which was acquired by Sage in 2017).  I now lead our technique and supply for brand spanking new options serving mid-sized companies globally.  The important thing precedence for me is to speed up the tempo of innovation for mid-sized companies by turning into their trusted digital community.  We’re doing this by scaling Sage Intacct, in current and new verticals and new geographies.  We’re additionally increasing past financials into broader enterprise and operational programs for our prospects.  Lastly, for our prospects, we’re laser-focused on creating nice end-to-end experiences.  We consider that investing in buyer success via innovation and nice expertise will drive general enterprise success for Sage.
  1. Sage not too long ago introduced elevated funding in Sage Intacct. What made Sage develop a method round growing funding in Sage Intacct?
  • The Sage Intacct product line is a key development driver for Sage. We’ve the ambition to turn into the trusted community for SMBs and Sage Intacct is a central part of that broader need. The dimensions of Sage Intacct allows prospects to automate processes, increase productiveness and unencumber time to deal with operating their companies. Over the previous 12 months, we have now continued to ship on our dedication to evolve our services and products, and we’re consistently striving to satisfy our new and current prospects’ wants via revolutionary options that assist them make their companies extra environment friendly and deal with what issues most – reaching their full development potential.
  1. SMBs have been affected in a number of areas and needed to embrace accelerated change over the previous 12 months after the pandemic. During which areas will you evolve your services and products in order that your prospects can stay aggressive for the approaching months? Might you summarize the brand new product improvements introduced?
  • Our essential focus has been making workflow enhancements and connecting processes for our prospects throughout enterprise features. To that finish, we introduced a sequence of serious product updates and enhancements, enabling extra prospects to expertise elevated productiveness and smoother enterprise processes. For instance, we launched Sage Intacct Stock Automation, which empowers prospects to automate stock transactions with barcoding and cell knowledge seize for real-time, company-wide, visibility and management, improved accuracy, and lowered knowledge entry. It can assist companies guarantee their inventory and stock are utilized effectively and maintain the enterprise flowing. We additionally launched Sage Intacct Lease Accounting, which helps companies simplify compliance with ASC 842 lease accounting requirements within the US. Organizations will now have entry to all their lease accounting and compliance knowledge in a centralized location and acquire lease insights with multi-dimensional studies and dashboards.

    We additionally proceed to spend money on our Accounts Payable resolution with new AI-powered bull automation that allows an automatic end-to-end workflow from invoice receipt to fee, reconciliation, and reporting. With Sage Intacct AP Automation, prospects can obtain, scan and populate draft payments, together with matching to distributors, coding accounts and dimensions, and figuring out duplicate payments and exceptions. It enhances our automated fee performance that was launched earlier in 2022. The mix of invoice automation and vendor funds helps prospects streamline and simplify AP processing, spend much less time on handbook duties and get funds out quicker alongside paying distributors the best way they like to be paid.

    We’re additionally pushing additional into some key vertical industries. Following the launch of Sage Intacct Manufacturing in France and the UK earlier in 2022, Sage Intacct Manufacturing will probably be out there for early adopters within the U.S. this 12 months, and usually out there in 2023. This can be a cloud-native resolution that extends Sage Intacct to ship trade capabilities for companies specializing in discrete manufacturing and distribution, enabling them to streamline end-to-end operations and improve productiveness. We’ve additionally made enhancements within the Building and Actual Property area. We proceed to ship deeper financials in addition to broaden the answer with new monetary, operational, and pre-construction modules for payroll, property administration, area service operations, and building estimating. By offering a wealthy and broad set of capabilities that seamlessly work collectively, Sage Intacct for Building and Actual-Property allows building prospects to simplify managing the complexities of their enterprise with larger perception and efficiencies.

    As you may see, we’ve been very busy.

  1. The product updates had been shared on the annual Sage Rework occasion. How did the shoppers and companions react to the enhancements?
  • We’ve acquired unbelievable suggestions on the bulletins. As we simply mentioned, there was loads of product information to share at this 12 months’s convention. The purchasers and companions whom I spoke with on the occasion shared that what they actually appreciated what how well-aligned our product improvements are to their wants. Our prospects are sometimes small and medium-sized companies and all of them are on some facet of their digital transformation journey. Most of our product enhancements get to the center of serving to these prospects to knock down the limitations they face of their enterprise and with know-how – enabling them to scale their enterprise quicker, make higher enterprise choices, and thrive in a troublesome enterprise local weather.
  1. What are the longer term methods of development for Sage Intacct? Are you planning to develop to completely different places globally?
  • Sage Intacct has at all times had robust capabilities to satisfy the wants of multinational firms. Whereas North America is the place the Intacct product line was established, we’ve expanded the answer over the previous few years into quite a lot of extra areas – together with the UK, Canada, Australia, and South Africa. All of these had been primarily English-speaking nations. Leveraging Sage’s international presence and compliance experience, we have now introduced that Sage Intacct is now increasing into continental Europe, beginning with France by the top of the 12 months. This will probably be our first non-English talking nation for Sage Intacct. This can allow multi-national prospects, working in France, to develop their operations with Sage Intacct quicker and simpler. It can additionally provide France-based firms the facility of Sage Intacct’s fashionable cloud capabilities to simplify and automate their multi-entity monetary operations giving them knowledge and insights to higher run their enterprise. However we aren’t stopping there – you may count on to see extra enlargement in Europe over time.

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