Before Sage Intacct™ was available, these issues were simply the reality of life for professional services firms. Nowadays,
with robust project management capabilities. Here are 4 ways that Sage Intacct can help your professional services firm:
1. Dimensional Chart of Accounts
One transformative feature of Sage Intacct is the dimensional chart of accounts. Dimensional chart of accounts allows a manager to view reports sorted in terms of any data which might be helpful for your business decisions. For example, you could view projects based on any variable, including line of service, demographic location, client type, consultant assigned to project, and more. Once you’ve chosen your variable, you can easily create a report to view and share the information with other decision-makers. This allows your professional services firm to quantitatively analyze which parts of your business are the most profitable or the costliest.
2. Project-based Accounting Functionality
Time and Expense
Project and Resource Management
Costing and Billing
Sage Intacct offers other robust functionality that’s essential to project-based accounting and management. This functionality includes:
Your business can benefit from this integrated functionality in a variety of ways. For one thing, employees won’t need to log in and out of multiple tools in order to complete daily tasks. In addition, you can save money and mitigate headaches by not needing to shop for a variety of business solutions, keep them up-to-date, and ensure that each employee knows how to use each tool they need. With Sage Intacct, everything is streamlined for easier access, increased security, and quality data analysis.
3. Cloud-based Multi-tenant Software
Sage Intacct is a multi-tenant cloud solution, so using it is as simple as logging in from anywhere. You don’t need any IT involvement or physical infrastructure to implement and operate the system, and all software updates are automatically included in your subscription. This also means that, as FASB standards change, your software will be kept up-to-date to remain GAAP-compliant. All of this contributes to data visibility by encouraging mobile access, eliminating potential downtime caused by faulty infrastructure, and ensuring that you’re using the latest in accounting technology.
4. Great Customer Service
Sage Intacct’s high-quality customer service means you’ll be able to resolve any issues as quickly as possible. When you call Sage Intacct or a partner such as The Resource Group, the person on the other end of the line will already know you, your firm, and will be ready to help with whatever you need. This level of service means not having to spend hours just to troubleshoot a small issue within one of many unintegrated tools – which is a frustration we hear from many professional services firms using less robust accounting platforms combined with other disparate tools.
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