There are over 2 million customers that are served by using Sage Intacct and that number continues to grow. Part of which includes the construction sector, where companies and finance departments are transitioning from outdated accounting software to leverage the benefits offered by Sage Intacct.
Sage Intacct is the flagship product of Sage Software, and it is a cloud-based enterprise accounting platform. It is known for its robust set of features, flexible reporting, and customizable interface that make it an ideal accounting software for small and medium-sized businesses or larger.
Another product of Sage, that is an on-premise system, is Sage 300 CRE, which only really includes the core modules of the product. If you are looking to update your accounting workflow and transform the way you do business, then a switch from Sage 300 CRE to Sage Intacct might be what you need.
Keep reading as we explain the key differences between the two and the best times to consider implementation.
The Key Differences Between Sage 300 CRE and Sage Intacct
Sage 300 Construction and Real Estate (CRE) is a financial suite built for construction. It has functionalities to help companies streamline operations and enhance financial control. Sage 300 CRE has been a well-established software solution in the construction industry that spans a few decades.
Sage Intacct revolutionizes accounting processes by offering comprehensive automation solutions for businesses. With its capabilities, it empowers organizations to automate their financial processes and boost productivity. By seamlessly integrating with multiple applications and providing a user-friendly system accessible from anywhere, Sage Intacct sets itself apart.
Still using Sage 300 CRE?
Sage 300 CRE
Sage 300 CRE users can add modules as needed. Also, because this system is an on-premises solution, you can only host it from one location. This could pose issues for businesses who want to expand or want to tailor their services by what customers need, which can be ever-evolving.
One of the issues with Sage 300 CRE is that there isn’t much room for growth. Sage Intacct, however, is completely built-in and a more robust application.
The main difference that Sage Intacct offers is its ability to be flexible. The software can handle an unlimited amount of users, and what’s better is that it’s a cloud-based system. This means that you can access the platform from anywhere and at any time.
In fact, Sage Intacct is the first pick for many organizations. Most of this is due to the growth that the product offers. Increased efficiency and the ability to automate revenue projects play a big factor as well.
One area where it may be lacking is the HR department. While this is a feature consumers may inquire about, Sage Intacct was created to focus on streamlining construction accounting operations. The system can also:
- Handle unlimited transactions
- All the computing the platform does is through the cloud
- Take away unnecessary expenses
- Eliminates limitations on the work you can do and from where
The right accounting ERP software provides you with valuable insight and functionality to ensure the success of your business. But what happens when you can no longer grow with your software?
This is precisely when the need arises to transition from Sage 300 CRE to Sage Intacct. Serving as the industry-leading replacement for Sage 300 CRE, Sage Intacct is the definitive solution for taking your business to new heights.
The Benefits of Using Sage Intacct and Why It’s So Popular
Sage Intacct is an increasingly popular accounting software since it is completely cloud-based and has a wide range of versatility. With Sage Intacct, you can expect secure access to your accounting data, better job costing, and more automated processes.
The flexibility that comes with Sage Intacct also means that you can create custom-generated reports based on your business’s unique needs, which can save significant time and effort. Let’s take a look at more of the benefits of Sage Intacct:
- Ability to scale
- Decreased IT costs
- Simple and flexible configuration
- Easy to use
- Ability to analyze data in real-time
If you want comprehensive reporting, data analysis, and inventory tracking, Sage Intacct is a solution capable of fitting to your unique business needs.
Hear why a restoration company switched to Sage Intacct
When Is the Best Time to Upgrade from Sage 300 CRE to Sage Intacct?
Overall, the best time to migrate over to using Sage Intacct will depend on your business needs. You also want to pay close attention to your operating budget.
Sage Intacct can range in price, it will depend on how many users you plan to include and the amount of your annual subscription. Once businesses make the switch, they will often start to see the benefits right away through their operations.
Other scenarios that may cause switching from your current accounting platform could be:
- When your business is consistently growing
- You have remote employees with multiple functions
- In need of ways to increase both productivity and hiring opportunities
- You have the budget for the financial management solution
- You want to expand on an existing system such as Salesforce
Allow Your Business to Grow with the Right Tools
Choosing the right accounting software is vital for business growth and success. Equally significant is deciding the right time to switch from your current platform to a new one. When you find yourself outgrowing your current software, it’s crucial to make a seamless transition to a more efficient one.