Sage Intacct 2022 release 3 highlights: insights across industries

Tracking KPIs and metrics is one of the key processes in determining your organization’s success and financial health. Whether you’re a new start-up still determining your product-market fit, a mature company that is concerned with sharing financials with shareholders, or a nonprofit that wants to more accurately track cashflow and impact as many people as possible, getting insight and visibility into your finances is a priority.

Sage Intacct Release 3 provides key updates for general business, nonprofit, and software and SaaS organizations, that enable quicker and more in-depth insight into their financial health.

SaaS Intelligence provides real-time visibility

SaaS and subscription-based companies often struggle to produce critical operational metrics that are real-time, automatic, reliable, and insightful. Spreadsheet-based SaaS financial models can lag weeks behind, require extensive manual processing tasks, are error-prone, and lack the details needed to analyze the health of the business.

Sage Intacct helps change that with real-time insights and dashboards based on your data. And now, we have a new SaaS metrics option that provides standardized insights needed to drive financial performance. SaaS Intelligence is an investor-grade, fully automated application. The SaaS Intelligence engine categorizes subscription activity into 20+ categories of recurring revenue (New, Add-on, Uplift, Downgrade, Markdown, Churn, etc.), 30+ KPIs, and delivers 25+ out-of-the-box graphs & reports.

SaaS Intelligence helps drive success for your organizations that need:

• Monthly executive/board/investor reports
• Due diligence when pursuing investments
• Better understanding of customer behaviors
• Faster information for data-driven decision making
• To enable their CFO to become a strategist, instead of a historian
• Reduction in effort
• Scalability/size

SaaS Intelligence automatically analyzes, diagnoses, and categorizes all customer subscription activity. The Sage Intacct SaaS Intelligence dashboard can help you automatically see key performance indicators (KPIs), a holistic view of each customer relationship, and other levers to help you make agile and well-informed decisions. It has access to financial data (Cash, Expenses, GAAP Revenue, etc.) and is able to calculate robust and accurate metrics so leaders can gain new insights into trends that are important and often difficult to measure.

Sage Intacct Mateo saves time and eliminates manual work

Providing solutions that meet the industry-specific needs of customers is something we pride ourselves on. In Sage Intacct 2022 Release 3, we’re introducing Sage Intacct Mateo. Sage Intacct Mateo is a modern, cloud-based application that provides Diocesan organizations the solution they need to support their savings and loans program for parishes and schools. The real-time, transaction level integration with Sage Intacct streamlines the Diocese’s accounting and reporting needs.

Increased automation and usability

In addition to these enhancements and updates for industry-specific needs, we have also made many updates that span across industries and strengthen our best-in-class financials. From time-savings to greater insights, we’re continuing to ensure a more intuitive and effortless Sage Intacct experience. These updates include:

• The ability to auto-create credit card transactions to match bank data for reconciliation to streamline your reconciliation process and get closer to a continuous close. Keep your cash management up-to-date so you don’t have to manage difficult reconciliations at the close.
• A unique and intuitive split-screen bill view to enhance AP usability, especially when cross-checking information for audits.
• Interactive Custom Report Writer and Interactive Visual Explorer time series analysis calculations that help generate clearer visibility into users’ businesses.
• And more!

Helping you break barriers

In Sage Intacct 2022 Release 3, these features and more are available for usage today. Our newest features deliver time savings, increase confidence, and provide new insights for your organization, allowing you to focus on delivering higher-value impact.

If you are a current Sage Intacct customer and want to learn more, check out the Release 3 highlights in the Sage Intacct Release Notes in the system. If you’re in the market or curious about exploring a new financial management software solution, attend one of our daily coffee break demos to learn more.