Switching From Quickbooks Online to Sage Intacct Construction
Sockeye + Sage Intacct enables construction companies to become proactive business leaders with total control over every aspect of project financial management.
THE TOP TWO REASONS TO TRANSITION TO SAGE INTACCT:
Automation eliminates manual and error-prone work.
Automation is becoming a must-have for modern accounting software. Sage Intacct offers AP automation features that can cut your AP processing time in half.
Do away with the version control headache.
Year-end updates and version control issues are a concern that is nonexistent when your entire team is working off a web-based version of your financials.
Frequently asked questions
Before purchasing new accounting software, you want to feel confident in your investment. Here’s a list of commonly asked questions:
- No obsolescence! Your cloud platform is constantly up to date and using the latest technology.
- Sage Intacct offers a more comprehensive feature set, including project management, inventory tracking, and international accounting capabilities.
- The majority of your IT expenses are converted from capital to operational, adding valuation to your business
- Consolidate multiple entities in minutes instead of days. No spreadsheets required.
- Slice and dice your data with easy to use, multi-dimensional reporting
- Secure data centers with leading providers
- Automatic backups of your data
- With Sage Intacct, view live data from angle with multi-dimensional reporting, without exporting to Excel
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.
Sage Intacct has many of the same features as Quickbooks 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)
- More accurate forecasting for making strategic decisions
- Inefficient and lengthy closing processes
- Reliance on manual processes
- Fraud Risks
- Limited Financial Insights
- Difficult forecasting
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
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.
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.
product comparison chart
PLATFORM
Manual backup, updates by client/IT resources
Limited scalability and options
Resides on secure data center with SOC1 and SOC2 compliance
Data automatically backed up regularly
Automatic quarterly enhancements
LICENSING
Traditional perpetual license
Hidden costs
Annual subscription fee
Subscription price includes software updates and hosting services
PAYROLL
Payroll application offered as standard module
Payroll application offered as standard module
Integrates with many of the top payroll providers
3RD PARTY
APPLICATIONS
Limited partner integrations
200+ Sage Intacct Marketplace Partners
REPORTING
OPTIONS
Report Writer
Crystal Reports
Limited visibility and customization
Interactive Dashboards
Interactive Custom Report Writer
API’s for third-party business intelligence tools
Excel Integration
FINANCIAL
REPORTING
Basic reports through Financial Report Writer
Limited financial insights
Interactive financial dashboards provide ultimate flexibility with the use of dimensions to combine or focus on business entities, job types, markets, etc.
Built-in Excel integration
Customization
Limited ability to customize
Highly customizable workflows and fields
RETENTION
TRACKING
Standard
Standard with increased workflow flexibility
AIA BILLING
Standard
AIA billing templates
download Our comparison chart
Quickbooks vs. Sage Intacct
Take an in -depth look at the two software features head to head, and decide for yourself which Sage product is best for your construction business.
A Modern Cloud Financial Solution
- Native-cloud accounting on a true cloud technology platform
- Best in class platform with open API’s to integrate with other industry leading solutions
- Realize savings with lower IT and Admin costs when you move to the cloud
- Modern, State of the Art Cloud Solution
- Thoughtfully Designed and Highly Customizable
- Real-Time Visibility through Interactive Dashboards
- Provide all stakeholders a single source of the truth.
- Software that is very intuitive and easy to Use
Recognized for Finance Leadership by Experts
- Rock solid financial core
- Intacct 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
Advantages over Quickbooks Online
- Deep industry functionality to reduce work arounds and save you time
- Improved workflows over the way you do things in Quickbooks today
- Improved efficiency with automated AP/AR processes providing 20-40% efficiency gains
- Built in business intelligence with predictive analytics
- Reducing average month end close by 25-50%
- Enabled the finance team to increase time spent on analysis and business strategy from 25% to 75%
- Continuous consolidation of multiple locations and entities
- In addition to Sage Intacct Payroll, you can easily connect to outsourced Payroll providers
- Multi-Currency
- Integrations with industry leading CRM platforms
- Options to choose outsourced providers for HR
- MyAssistant, Office Connector and Create-A-Check are all great products, but are not required with Sage Intacct as this functionality is native in the software
- Automatically create retention invoices
- Multi-Entity consolidation
sockeye + sage intacct construction
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. Contact us for a one-on-one personalized demo today.