Organizations across the world have spent many years relying on Microsoft Dynamics Great Plains (GP) for their accounting processes.
But over the next few years, support for the software will phase out. That leaves organizations with two options: Start planning the next step now or put it on the back burner — which might leave you scrambling once Dynamics GP reaches its end of life.
What’s a loyal customer to do? Microsoft offers Dynamics 365 Business Central and while it may seem like a good choice, it’s not necessarily the right move for everyone.
Business Central comes with myriad operational and supply chain features that small and midsize businesses may not need. But at the same time, it doesn’t have enough core financial tools to truly streamline and simplify accounting. You still must migrate all of your data and go through a long implementation phase. Before you begin, you also must meet a few prerequisites, including using a 2016 or later SQL server and ensuring your database has adequate compatibility.
Now, these tasks are not insurmountable, and Microsoft Business Central can be an excellent solution for many large enterprises. However, if your organization doesn't need that type of functionality and instead requires a solution built specifically for finance and accounting — including capabilities for multi-entity accounting and data visualizations — Sage Intacct likely has exactly what you’re looking for.
1. It’s a true cloud-based software system
This alone enables rapid and successful deployment since you don’t have to install anything on servers or workstations. It also enables easier scalability, since as your business grows, the additional tools you need already exist within the SaaS model. Your teams will have anywhere/anytime access to Sage Intacct.
2. An ability to consolidate multiple entities
If you’re managing multiple entities, Sage Intacct enables you to consolidate them, regardless of their location. This makes it much easier to keep track of inter-entity transactions and streamlines currency conversions and tax reporting requirements.
3. User-friendly software
When implementing new software, you want users to get up to speed in hours, not days. Sage Intacct has an intuitive UI that’s easy to navigate regardless of whether it’s being used by financial team members or others in your business.
4. More accessible customer support
No matter how intuitive a technology may be, it still comes with a learning curve; having adequate customer support makes everything run a lot more smoothly. And since there are customers worldwide, Sage Intacct offers customer support 24 hours a day, Monday through Friday. In addition to Sage’s customer service, Baker Tilly Digital has years of experience with Sage and can offer a variety of support every step of the way.
We get it. Implementing new software is a daunting prospect: it takes time, money and energy to find the right solution and get it set up.
The good news is that this process is much easier and smoother now than it used to be. With cloud-based solutions, you don’t have to build anything or install anything on your servers and workstations — eliminating disruptive and time-consuming processes. And as new features are released and your business grows, all you have to do is log in to gain access to the new tools you need.
Instead of a platform that has too many features you don’t need and will never use, Sage Intacct offers robust core financial tools that can be configured around your goals.
With Baker Tilly Digital’s experience and products with Sage Intacct, we can help you find the right system that is best for your business. Contact us today to learn more about Sage Intacct and how Baker Tilly Digital can help you get started.