Switching From Sage 50 to Sage Intacct Construction

• Scalability and User Count: Sage 50 supports only up to 20 users, while Sage Intacct offers virtually unlimited scalability through cloud-based architecture.
• Transaction Volume and Performance: Sage 50's transaction volume is limited to 1,000,000, causing performance issues, while Sage Intacct offers unlimited scalability for transactions.
• Automation and Efficiency: Sage 50 relies on manual processes, while Sage Intacct offers AI-powered automation to reduce manual tasks and enhance efficiency.
• Customization and Modernity: Sage 50's legacy architecture limits customization, whereas Sage Intacct's cloud-native platform allows flexible customization through APIs.
• Industry-specific Features: Sage Intacct includes features tailored for sectors like finance, healthcare, and nonprofits, offering specialized solutions beyond basic SMB needs.

At Sockeye, our Sage Intacct experts will cover everything you need to get your team set up for success with your new financial system. With our proven methodology and repeatable process, you can be up and running between three and six months.

Sage Intacct is recognized as for financial leadership. It is the only preferred provider of the AICPA, the World’s largest membership association for CPA’s which sets the standard for the accounting profession. We are the only vendor to have earned this endorsement.

Construction companies are increasingly choosing cloud solutions, which are quite mature and offer superior features to on-premises solutions. In addition, cloud solutions offer an enhanced user experience, intuitive reporting and analytics, streamlined integration, and access from anywhere on any device with just an Internet connection.

Sage has invested heavily in Sage Intacct as part of its “Sage Business Cloud” initiative. Their acquisition of Intacct in August 2017 was a central part of their strategy for growing business.

Sage Intacct has many of the same features as Sage 50 along with additional capabilities like:

• Deep financial and operational insight with unlimited data dimensions
• Real-time reporting, dashboards, and KPIs
• Automated multi-entity management to support intercompany transactions, continuously consolidated financial and operational reports, centralized payables and receivables
• Advanced features including deferred revenue management, project accounting, multi-currency and global consolidations.
• Pre-configured integrations with other best-in-class applications such as Salesforce,  AvidXchange, HR Solutions, Expense Report and countless others with hundreds of Marketplace Partners through modern Application Programming Interfaces (API’s).
• Web-based access from any device

• Over-reliance upon Excel spreadsheets for reporting and analytics

• Too much paper shuffling

• Too many emails 

• Inefficiencies in accounting department

Sage Intacct is ideal for many companies and certainly worth the exploration. This doesn’t mean that you have to migrate immediately, but it’s always strategic to understand your options, especially if one of more of the following is true of your organization:

• Rapid growth: Happening now or anticipated in the next 12 – 18 months
• Multi-Entity / Location: Managing a complex organizational structure requiring consolidations, eliminations, inter-entity transactions, allocations, etc.
• Integration: Using one or more cloud solutions for lines of business that need to integrate to core finance
• Release Management: Falling behind on enhancement releases and updates.
• Infrastructure: Struggling to manage servers, operating systems, security patches and protocols to protect against malicious hacker threats, backups and recovery, etc.

Our clients have consistently seen significant benefits in three areas:

•  Improved project reporting and visibility

• Real-time reporting and dashboards

• Automated business processes

• Streamlined integration

• Business intelligence / AI

The benefits of online financial software can transform your business. Sage Intacct offers a lower cost of ownership than legacy on-premises solutions. Sage Intacct delivers world-class security backups, and disaster recovery, protecting your financial data at a much higher level and at a lower cost than if you did it yourself.

Sage Intacct also delivers automatic quarterly software updates —no business disruption, no costly hardware upgrades and no additional service costs for your organization. You’ll always be on the latest release of the software.

We understand that moving to a news solution is a lot of work. Sockeye is uniquely positioned to provide a smooth migration from Sage 50 to Sage Intacct.

Sockeye has converted many clients to Sage Intacct through our proven Customer Success Plan which includes implementation, data migration, and training resulting in a successful project.

Sockeye has done many Sage 50 data migrations to Sage Intacct for our customers. Historical data migration usually consists of 2 years of data.

Because Sage Intacct is purpose-built for the construction industry, it’s possible that “out-of-the-box” capabilities may negate the dependency of particular add-ons like MyAssistant and Office Connector.

Yes! Sage and Sockeye want to make sure you have the best solution and technology platform to operate your construction business effectively and profitably. There are customer loyalty incentives that reward your existing relationship with us.