Sage Intacct Construction


Maximize project delivery with Intacct's native cloud accounting software,

built for contractors and developers. 

Trusted cloud accounting. Built for construction.

Sage is trusted by accountants globally to support financial agility. Construction companies consider Sage the #1 provider of construction finance management software, based on JBKnowledge Construction Technology Reports. Sage Intacct is the first and only AICPA-preferred accounting solution.

IMPROVE EFFICIENCY

Improve efficiency

Automate AP/AR processes. Gain 20-40% in work efficiency.

STREAMLINE MONTH END

Streamline month-end close time

Reduce average month-end close time by 25-50%.

EMPOWER FINANCE TEAM

Empower your finance team

Minimize busy work. Increase time spent on analysis and business strategy by 25-75%.

Webinar

Transitioning from Sage 300 CRE to Sage Intacct Construction

During this 45-minute webcast, you’ll learn:
• The best practices when upgrading from Sage 300 CRE to Sage Intacct
• An overview of the powerful dashboards and reporting capabilities in Intacct
• How Sage Intacct’s features compare to Sage 300 CRE

Deliver more with smarter, faster reporting.

Sage Intacct Construction is native cloud accounting software that gives general contractors and real estate developers the control you need to manage every part of your project with ease.

REAL TIME VISIBILITY

Real-time visibility and insights

Track and measure performance and key metrics in real-time within dynamic dashboards.

CONNECTED DATA

Connected, consolidated data

Uninterrupted, real-time tracking and reporting of multiple locations and entities with multi-currency.

NATIVE CLOUD TECHNOLOGY

Native cloud technology

Sage Intacct is built for the cloud, with an open API for easy integration between solutions.

Delta Constructors Case Study

case study

How A Sage Intacct Cloud Accounting Upgrade Saved A Construction Company 20 Hours A Month In Forced Downtime

Delta Constructors, a self-performing construction company operating across 3 different regions in North America, recently upgraded their aging accounting system to Sage Intacct Construction. CFO John Farner said Sockeye’s implementation of Sage Intacct was “the best I’ve ever seen”.

Why Sage Intacct is the Leading Accounting and ERP Solution for Construction Companies

Sage Intacct Construction efficiently manages the complex demands of construction financial management through software that:

  • Improves AP allocations and reduce invoicing process up to 40 hours per month
  • Reduces manual data entry and save up to $100,000 in additional overhead as you scale
  • Increases project profit by up to 10% with real time budget vs. actual project data

Intacct takes the pain out of project financial management from start to finish.

  • Automatically capture billable and non-billable transactions
  • Improve forecast accuracy by decoupling billing from revenue recognition
  • Get up-to-the-minute financial, managerial, and operational reporting through real-time, role-based dashboards

Intacct Construction avoids unexpected cash flow issues by governing your spending against budget with the following built-in features:

  • Automatic spend validation: Automatically validate on submit or post each spends transaction against the budget and rules you set
  • Denial or warning options: Choose whether to automatically deny a transaction that would exceed budget or allow it after issuing the user a warning
  • Duration control: Set the duration that spends management is in force on transactions

FAQ about Sage Intacct Construction and Real Estate

How does Sage Intacct Construction compare to other construction financial software vendors?

Sage is the #1 provider of construction financial management solutions according to the JBKnowledge Construction Technology Report and Sage Intacct is the only financial management solution endorsed by the AICPA, an organization that is trusted by accounting leaders world-wide. Our true cloud solution can be tailored to meet the needs of small businesses and large complex organizations. Beyond our financial management excellence, Sage Intacct Construction integrates with the larger ecosystem of construction-specific solutions. In today’s environment of high-quality vendors, Sage Intacct Construction is the core financial system at the heart of a construction firm’s technology stack.

Does Sage Intacct Construction integrate with my other construction-specific applications?

Absolutely. With Sage Intacct, you have the flexibility to choose the best product for your company. With our power of choice strategy, you pay for what you need, you keep the existing tools and systems that work well in your organization, and you integrate the systems to create the right workflows to support your business needs. Avoid the pitfalls of buying into a single-vendor suite, where you may not be getting the best solution, you are dependent on a single provider, and you risk vendor lock-in with a company that may require the purchase of more functionality than you really need.

As a best-in-class financial management solution, Sage Intacct allows you to customize the solution to fit the unique needs of your organization. We focus on delivering the best financial management solution for even the most demanding construction finance professionals. Our approach is to be the financial management solution that allows you to integrate best-of-breed construction operational solutions you are using today and may use in the future. In fact, over 75% of our customers have integrated Sage Intacct with at least two systems.

How does Sage Intacct Construction manage multi-entities?

Sage Intacct Construction automates multi-entity financial consolidation activities including currency conversions, inter-entity transactions, local tax reporting, and more. Automating these tasks can eliminate manual effort so you can close the books faster and focus on more productive activity.

At the push of a button, get granular visibility with eliminations and currency impacts recorded as journal entries, and easily make post-consolidation adjustments. View inter-entity transactions together with the source entry as one journal entry transaction to improve traceability. Automate intercompany eliminations at the point of consolidation, and consolidate complex ownership structures such as minority and partial ownerships. With Sage Intacct, you can close the books faster and view interim summary figures at any time – your financial statements are ready when you are.

What type of financial reporting does Sage Intacct Construction provide?

When it comes to financial reporting, automation, accuracy, and customization are key requirements for an effective solution. Sage Intacct’s financial reporting excels at all three. By leveraging the dimensions of the general ledger, reports can be grouped and sorted to deliver data exactly the way you want to see it. When done right, financial reporting can provide the insight your teams need to go from burdened with administrative tasks, to focusing on strategic planning. Whether you’re creating multiple profits and loss reports or automating project reports for your project managers, Sage Intacct can handle all of your reporting needs.

Aside from product features, what are the benefits of using Sage Intacct?

Sage Intacct customers have shared benefits such as:

  • Reducing average month end close by 25-50%

  • Enabling the Finance team to increase time spent on analysis and business strategy from 25% to 75%

  • Consolidating multiple entities in seconds

  • Improving efficiency with automated AP/AR processes providing 20-40% efficiency gains

  • Transforming from being 80% manual to 80% strategic

  • Improving gross margin by up to 20%

  • Running real-time what-if scenario planning to reduce your cash forecast variance by up to 90%

  • Improving cash-flow and visibility to get 100x return-on-invested capital

  • Getting Budget-to-Actuals to the P/L leaders up to 50% faster

Make the Switch to Sage Intacct and Get Total Control of Your Project Financial Management

When you make the switch to Sage Intacct, you can expect to cut your close time in half each month. Finance teams typically see a productivity boost of 40 percent or more. And with Sockeye support, you’ll always have a trusted partner by your side making sure your software is helping you stay proactive and maximize your profitability.