The document compares the financial management software Sage 300 and Sage Intacct. It summarizes that Sage 300 is an on-premises solution requiring hosting and remote desktop access, while Sage Intacct is born in the cloud allowing anytime access. Sage 300 has limited reporting capabilities requiring reformatting in Excel, while Sage Intacct provides instant dashboards and reports. It also notes that Sage Intacct has a modern dimensional account structure that streamlines reporting compared to Sage 300's segmented general ledger accounts. The document encourages scheduling an evaluation to gain benefits like configurable workflows, a simplified chart of accounts, and dimensional accounting with Sage Intacct over upgrading the older Sage 300 software.
External Roadmap – Sage 100 and 100cloudBCS ProSoft
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With hundreds of system options on the market today, when you are ready for a change, how do you know which is best for you?
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External Roadmap – Sage 100 and 100cloudBCS ProSoft
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Compare 3 Accounting and Operational Systems: Financial and Reporting Capabil...Blytheco
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3. Housekeeping
• 25-minute presentation with 5-minute
Q&A at the end
• Type questions into the "question box"
to submit them throughout the
presentation
• We'll send a copy of the deck and
recording of the webinar in follow-up
emails after the event
4. Customer Case Study
Challenge:
• Disconnected systems with disparate and manual workflows impeded
productivity
• Financial reporting insights beyond basics were difficult or not
possible to produce
• On prem server not built for "work from anywhere" model
Industry: Higher Education
Solutions before Sage
Intacct:
• Sage 300
• Microsoft Excel Expensify
• A manual positive pay
process
Solutions after migration:
• Sage Intacct
• Expensify
• Bill.com
Solution:
• 25% reduction on time spent cutting checks
• Slashed days from report preparation
• Increased automation and flexible accessibility boosted overall
finance team efficiency, gaining capacity to scale
5. Sage 300 vs. Sage Intacct
Sage 300 Sage Intacct
On-premises solution that requires hosting and a Remote
Desktop connection to provide off-site access capabilities; upgrading
versions requires significant time investment
Born in the cloud, with a true multi-tenant architecture allowing
users access from anywhere; updates are released quarterly, are
applied automatically, and require no downtime or consulting services
Reporting is labor intensive and often needs re-formatting in Excel; batch-
based transaction posting creates a lag between transaction entry
and reporting
Dashboards and reports deliver instant visibility and eliminate the need for
Excel-based reports
Limited vertical focus; industry-specific activities are tracked manually
Deep vertical focus and automation of key industry processes,
eliminating the need for manual tracking
Limited marketplace add-ons
Best-in-class solution with deep core capabilities; additional functionality can
be added through the Sage Intacct Marketplace
Uses segmented general ledger accounts, resulting in a huge chart
of accounts as well as financial reporting challenges
Uses a modern, dimensional account structure which streamlines both
the chart of accounts and reporting
Multi-entity management needs an add-on for intercompany; consolidation is
done through reporting using Sage Intelligence or other external financial
reporting tool
Multiple entities share the same chart of accounts, customers, and
vendors; consolidations and eliminations can be automatic, providing
immediate visibility to consolidated results
Lacks ease-of-use functionality and makes collaboration difficult
Modern, intuitive system, including approval workflows, Collaborate (a
Salesforce Chatter tool) , and AI tools, such as GL Outlier Detection,
Bank Reconciliation Auto-Match, and Custom Smart Rules & Smart
Events
6. Sage 300 vs. Sage Intacct
Is there an
upgrade in your
future?
It could cost you
more to upgrade
than to move to a
better, more
modern, platform
Gain control of
your business
with:
Configurable
workflow
Posting rules
Superior audit
trail
Simplified chart
of accounts and
reporting
General ledger
becomes your
data warehouse
– no need for
external
reporting tools
Sage Intacct’s
entities work
together, not
separately
Dashboards
grant visibility
into subledger
and other
processes
Never pay to
upgrade again!
Spend your
upgrade dollars to
take you to a
better place
SI’s dimensional
accounting will
make your life
easer
No more data
silos
1. How to export reports into excel? 2. How long does it take to migrate? 3. How do I get started migrating from Sage 300 to Intacct? 4. Does Sage Intacct have similar add-ons to Sage 300? 5. We heard that Sage Intacct doesn’t do batch processing, why is that and how do you keep tight control for audit purposes?
Frank
Frank
Frank
Frank
Frank
1. How to export reports into excel? 2. How long does it take to migrate? 3. How do I get started migrating from Sage 300 to Intacct? 4. Does Sage Intacct have similar add-ons to Sage 300? 5. We heard that Sage Intacct doesn’t do batch processing, why is that and how do you keep tight control for audit purposes?