Sage Intacct Construction

Analysts expect the market for cloud ERP (Enterprise Resource Planning) software to grow by more than 17% between now and 2028. More and more construction business owners are seeing the benefits of a cloud financial management solution. 

Are you looking for a financial ERP but aren’t sure which one is the best fit? Would you like a solution designed for the construction industry? 

Sage Intacct Construction is a cloud-based financial ERP built for your industry. As there can be many challenges in construction, learn more about how Sage Intacct can solve these challenges by reading below!

Lack of Automation

Managing multiple projects and employees is a challenge. You must manage staff, the procurement process, and cost estimates while also keeping clients satisfied. 

Without automation, you and your employees spend too much time on data entry and manually processing spreadsheets. With automation, the time spent on manual processes could instead be spent on more valuable tasks. Automation lets you focus on analyzing data instead of data entry. What’s more, is that automation helps decrease human error. 

Cloud accounting software can automate many of your operations. You save time and improve efficiency. You also avoid duplicated efforts, reduce errors, and improve accuracy.

Inefficient Project Management

Effective project management is essential for the success of your business. Errors or delays in your projects can result in increased costs and lost clients. However, staying on top of all the details can be challenging, especially when you’re managing multiple projects. 

Sage Intacct Construction streamlines your project management. Construction managers can monitor progress across several work sites.  

Automation and better visibility in the whole project make tasks easier. You can track the status of each project, create milestones, and delegate tasks. The system can also help you control costs and optimize your project budgets. 

Need to Improve Cost and Revenue Estimations

When you bid on a project, you need to give the most accurate estimate possible. If you overestimate, you may not get the job. If you underestimate, you will have cost overruns and lose revenue. 

A financial ERP solution helps you estimate costs more accurately. It can calculate your expenses for design, raw materials, and labor. It can also factor in the overhead liabilities for a proposed project. 

The software lets you see the profits or losses from each job. You can use your time and resources more effectively when planning future projects.

Limited Visibility

Limited visibility leads to poor decision-making. With a centralized ERP system, you get a comprehensive view of a situation before making a decision. Sage Intacct extracts the data you need from different sources. 

Your data is complete and up to date. 

Centralized data improves connectivity between teams. Everyone can access the data they need across the enterprise. 

No Integrations

A lack of integration limits your operations and trying to see all your company information is challenging. 

A cloud financial management solution can integrate with your other important business tools. For example, you can integrate the ERP with your payroll and CRM systems. You could connect the financial management solution to software that generates reports for your sales pipeline and inventory management. 

Sage Intacct Construction provides seamless integrations with an open API. An API lets different software programs interact and understand each other. An open API facilitates this process to make integrations easier. 

Difficult Scalability

Trying to scale an on-premises financial management solution is difficult. You have to expand your data centers to grow, which is expensive and time-consuming. If you need to scale down, you are left with wasted data center space and servers. 

You get easy scalability with a cloud-based solution. You can also get more or less processing capacity when you need it. Additionally, you can adapt Sage Intacct Construction to meet your business needs with integrations, add-ons, and other software options.

Limited Accessibility

On-premises software and paper-based management systems are only available when you’re in the office. A cloud-based financial ERP lets you access the system anywhere and anytime. You and your employees can get the information you need whether you’re in the office, on the job site, or at home. 

Digital access means you do not need to carry paperwork and documents around with you. Your employees can upload project updates in real-time. For example, they can take photos of the site and upload them so management or clients can see progress on the job. 

Security Issues

Conventional business financial management systems can make you vulnerable to security issues. You need to stay current with software updates and patches. You need physical server maintenance as well. 

With a comprehensive cloud financial management system, the provider handles maintenance and updates. You also have the most up-to-date defenses against hackers. 

Communication Challenges

Inefficient communication between teams or departments leads to inefficient business processes. It can cause errors and project delays. 

Sage Intacct Construction helps you improve communication in several ways. The software organizes and stores all your data in a centralized hub. You can find information more easily. Transferring data between departments is fast and secure. You can regulate the data that is available to employees or clients. 

The ERP system includes a chat forum. Employees can collaborate in real-time even if they are in various locations. Everyone can get updates and provide information without delays. 

Choosing Sage Intacct Construction as Your Cloud Financial Management Solution

Sage Intacct Construction can help you solve many of the challenges that your construction business faces. As a cloud-based financial ERP, Sage Intacct Construction doesn’t require the major IT infrastructure of legacy Windows-based systems. 

You have access to your data whenever and wherever you need it. You get regular software updates and data backups. Your data is more secure. 

You can also customize Sage Intacct Construction with integrations for functions like project management and CRM. Scaling up or down is easy. 

The transition from a Sage legacy system like Sage 300 CRE or Sage 100 Contractor is seamless. You can experience the benefits of a cloud financial management solution without needing to learn an entirely new system. 

Get Started with Sage Intacct Construction

Sage Intacct Construction is a top-rated financial ERP. When you’re ready to put the advantages of cloud financial management software to work for you, Bangert is ready to help. We offer a full stack of software and services built for the construction industry. 

Contact us today to start designing the solution for your business challenges!