Why Sage Intacct Is the Best Choice for Growing Businesses That Want to Leave QuickBooks
For a long time, small and medium-sized businesses have used QuickBooks as their main accounting software, and for good reason. It’s easy to use, cheap, and includes everything a business needs to get started. But as your business gets bigger and more complicated, you might start to see the cracks. Your team has to spend more time on tasks, reports become harder to make, and they start putting together spreadsheets to gain answers that QuickBooks can’t give them.
Does this sound familiar? You’re not the only one. A lot of firms that are growing reach a point where QuickBooks can’t keep up with their changing needs. That’s when you should think about Sage Intacct, a cloud-based financial management application that grows with your business and helps you make decisions faster and more wisely.
Here are seven ways that Sage Intacct helps businesses grow and go over the problems they have with QuickBooks, setting them up for long-term success.
- You don’t have to deal with so many spreadsheets.
Most companies turn to spreadsheets when QuickBooks can’t manage complicated tasks like recognizing revenue or consolidating multiple entities. A modest fix quickly develops into a tangle of Excel files that no one can figure out.
Sage Intacct has built-in tools for complicated accounting operations, so you don’t need most of those extra spreadsheets. Automated revenue schedules? Consolidations? Push a button. You won’t have to spend as much time resolving formula mistakes and may instead focus on strategy.
- You don’t have to enter data by hand anymore.
The lack of integration is one of the most frustrating things about QuickBooks. To keep everything in sync, most businesses have to rekey data from one system to another, like orders, invoices, costs, and payroll.
Integrations with Sage Intacct are easy. It works well with CRM systems, payroll providers, and platforms specialized for certain industries. That means no more entering the same information again, fewer mistakes, and hours saved every week.
- You can see what’s going on in your business in real time.
You may have already seen one of QuickBooks’ main problems if you had to wait to make a decision because the financial report you wanted wasn’t ready.Sage Intacct delivers you real-time dashboards, customized reports, and drill-down insights for all parts of your business. You can keep track of performance by location, department, project, or funding source without having to keep hundreds of accounts. You obtain answers faster, and you’re confident about your choices.
- You’re ready to grow
QuickBooks is fantastic for small firms with basic accounting requirements. The trouble when things become more complex – you have a lot of transactions, the organization works in more than one place, or you develop complicated approval processes. Screens get slower. It takes a long time for reports to run. You can even have to deal with files that are broken or crashes in the system.
Sage Intacct was made to grow. It easily handles environments with several entities, multiple currencies, and a lot of transactions. Intacct gives you the tools you need to grow your business without the headaches that come with it. Whether you’re moving into new areas, adding new services, or just closing the books for a bigger workforce, you can do it all with Intacct.
- You make your internal controls better.
It’s easy to make mistakes, but it’s difficult to find them in a manual system like QuickBooks. As your business grows, problems like duplicate payments, wrong entries, and spending without permission become more common and more expensive.
Sage Intacct helps keep internal controls in place by using user roles, approval workflows, and audit trails. It helps make sure your finances are correct, safe, and follow the rules, whether you’re getting ready for an audit or just want to feel better.
- You Save Time and Money
We understand that change is hard. Especially when money is scarce and your crew is already busy. But you might not know how much it costs to keep with QuickBooks.The time your team spends on manual tasks, the mistakes that happen when systems aren’t connected, and the time it takes to receive precise insights all add up. Many businesses who move to Sage Intacct get a quick return on investment, often in only a few months. The time saved by not having to use spreadsheets is typically enough to pay for the new system.
To see the difference in action, watch this video that shows both sides.
- You make sure your business will last in the future.
QuickBooks was made during the first few years. Sage Intacct is made for what’s next.
With Intacct’s cloud-native architecture, you can:
- Get to it from anywhere, at any time
- No need to install or patch; updates happen automatically
- Security that is state of the art
- Workflows that can change to fit your needs
Intacct gives you a strong, flexible base that develops with you, whether your team works from home, across time zones, or with outside partners.
The True Cost of Not Doing Anything
It’s simple to say, “We’ll change later.” But every month you put off the relocation costs you time, money, and occasionally even real money.
A recent TechValidate study found that companies that stayed with QuickBooks for too long had:
- Errors in recognizing revenue that took weeks to fix
- More and more spreadsheets that weren’t connected
- Manual processes that weren’t working well
- Not being ready for an audit
- Lost productivity because of system crashes
It’s time to look forward if it takes more than 10 days to close your books, if you get more reports from Excel than QuickBooks, or if your finance team is functioning more like data entry clerks than strategic consultants.
Cloud-Based Financials: A Better Way to Go
Switching to a cloud platform like Sage Intacct opens up opportunities that go beyond just accounting.
Access from Anywhere
Sage Intacct lets you safely access your finances from any device, whether you have remote employees, numerous offices, or just want to check in while you’re on the go.
Reporting that can change
Stop using stiff reports and templates that don’t change. You may cut up your data in any way you want with Intacct’s multi-dimensional structure. You can do this by location, department, customer, project, or any other parameter that matters.
Workflows that run on their own
You may automate custom approval pathways, spending regulations, and transactions across companies. This will help your team work faster and stay in compliance.
Made to Grow
Want to add a new entity? Want to open a new bank account? Can you deal with another currency? Change is what Sage Intacct was created for. Your business won’t hit walls as it grows.
Is it time to make a change?
If you’re reading this and agreeing, you probably don’t need QuickBooks anymore. Here are several signals that it’s time to upgrade:
- You depend on Excel more than your accounting software
- Financial closes take too long
- You are handling more than one entity or currency
- It’s getting harder and harder to do audits and keep track of compliance
- Your staff is putting the same information into more than one system
When these issues happen all the time, they start to hurt your business.
But here’s the good news: You can move faster, make better choices, and get your team’s time back if you have the correct framework in place.
Are you ready to look at your options?
It doesn’t have to be hard to take the jump. Here’s how to begin:
1. What do you need
Look at where QuickBooks isn’t working well. Which reports are hard for you to get? What are the manual bottlenecks in your process?
2. Do a cost-benefit analysis
Look at the real cost of using QuickBooks (time, risk, and inefficiencies) and weigh it against the benefits of automating your work using Intacct.
3. Ask for a demo that is just for you
Check out Sage Intacct in action, tailored to your industry or workflow.
4. Make a plan for moving
With a partner, plan your rollout in phases, set priorities for integrations, and train your team. LBMC Technology Solutions has helped hundreds of organizations migrate to Sage Intacct.
Last Thoughts
When you outgrow QuickBooks, it’s a sign that your firm is doing well. But when things get bigger, they also get more complicated. To deal with this, your systems need to change as well.
Sage Intacct is more than just an accounting tool. It’s a platform that helps you work smarter, grow quicker, and view your business more clearly than ever before.
Are you ready to move past the limits? Let’s chat about how Sage Intacct can help you move forward.