Sage Intacct Construction: 5 Big Benefits to Consider
Sage is in a unique position to build on this success with the Sage Intacct cloud platform. Collaboration between Sage Intacct and the team responsible for Timberline has delivered a standout, cloud financial management solution designed to address the unique needs of construction companies.
Read on to learn more about five big benefits of Sage Intacct Construction for construction financial managers and how it can improve efficiency, streamline month-end close time, and enable your finance team.
1. True Cloud Solution
A system with real-time access from anywhere, available at any time, and software that is always up to date.
Sage Intacct cloud accounting for construction is a “best in class” native cloud solution that enables proactive management of critical financial and operational metrics, increased efficiency, reduced time and cost of audits, and improved cash flow.
2. Streamlined Multi-Entity Consolidation
The growth of business in construction drives the need for large numbers of legal entities. Sage Intacct Construction reduces the time for a typical financial consolidation from up to 100 hours down to just minutes.
Uninterrupted, real-time tracking and reporting of multiple locations and entities with multi-currency.
3. Robust, Dimensional Reporting
It is now possible to analyze actual and estimated project costs using live data, without the need to export to a spreadsheet.
Construction financial managers can now assess their financial data by project, task, or other configurable dimensions to analyze the data for improved decision making.
Save 40+ hours monthly on financial reporting and cut time spent checking data accuracy by 75%.
Achieve real-time visibility into business performance.
4. Project Estimates
Construction financial managers can now easily track and manage costs and productivity throughout the full life cycle of a project, with several specific functions including estimates, job controls, and accounting with Sage Intacct for Construction.