Latest
Connected to the Sage Digital Network,
“Sage Intacct customers are highly digitally determined, with over 70 percent of their financial workflows already automated. More than ever before, Sage is committed to building platforms and systems that empower customers to run smarter, more digital organizations,” said
Accounts Payable Automation
- Automated AP processing all within
Sage Intacct - Reducing the need for the user, or the data to leaveSage Intacct , enabling a smoother user experience, and a lowered, single system cost for customers- New scanning and vendor payments capabilities enable an automated end-to-end AP workflow from receive, process, pay, and reconciliation without leaving
Sage Intacct -including bill creation, paperless approvals, payment processing, reconciliation, and reporting. - Additionally, bills and payments for multiple business entities can be processed from within
Sage Intacct .
- New scanning and vendor payments capabilities enable an automated end-to-end AP workflow from receive, process, pay, and reconciliation without leaving
- Manual tasks managed by AI - shifting focus from data entry to higher value, strategic work.
- Customers can access an intelligent digital assistant, to scan vendor bills, match them to the right vendor, and create a draft bill record
- Use AI to identify duplicate and erroneous bills. Bills that require manual intervention are highlighted to empower users to quickly identify and address exceptions.
- Run daily reconciliation in minutes with automated bank downloads and auto-matching between payments and bank statements, all while eliminating manual data reconciliations between systems.
- Digitally connect to banks, vendors, and payment processors using Vendor Payments powered by Corporate Spending Innovations (CSI) to automate payments for
U.S. and multi-national companies payingU.S. vendors
“We’re thrilled about this strategic partnership, which combines CSI’s advanced payments processing technology with market leader Sage Intacct’s financial management solution,” said
Miller goes on to say, “We know that AP teams still enter invoice details manually. This end-to-end automation means customers can receive, process, pay, and reconcile a bill without leaving
Outlier Detection for
Following the launch last year of Outlier Detection for
Contract renewal
Release 1 updates to this feature include:
- Contract renewal forecasting provides customers with forward-looking visibility and a more complete forecast for recurring revenue. Customers can analyze billings, revenues, and payments for upcoming contract renewals, and decision-makers can see what is booked and what is expected to be booked.
- Customers can use Sage Intacct Custom Report Writer, Interactive Customer Report Writer, as well as Interactive Visual Explorer, to report, slice and dice, as well as visualize forecasted contract renewal information for greater data-driven insights.
Availability
- Bill scanning is in the Early Adopter phase in the US, with additional regions coming in March.
- Vendor Payments is Generally Available in the US, with more regions to come.
- Outlier Detection for
General Ledger and Contract Renewal is available for allSage Intacct geographies.
Media contact:
peter.olson@sage.com
408-878-0951
About Sage
Sage exists to knock down barriers so everyone can thrive, starting with the millions of small- and mid-sized businesses served by us, our partners, and accountants. Customers trust our finance, HR, and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks, and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology, and experience to tackle digital inequality, economic inequality, and the climate crisis. Learn more at www.sage.com/en-us/ and www.sageintacct.com.
Source: Sage
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