Close-up of a stethoscope on a desk with a healthcare professional reviewing financial reports on a tablet, illustrating the use of financial management software in healthcare.

The Impact of Legacy Systems on Healthcare Finance and the Role of Sage Intacct Accounting Software

Close-up of a stethoscope on a desk with a healthcare professional reviewing financial reports on a tablet, illustrating the use of financial management software in healthcare.

Finding it challenging to manage finances in healthcare? You’re not alone. Finance teams in this sector are under pressure to deliver accurate reporting, stay compliant, ensure funding is distributed correctly, and help meet long-term strategic goals. Add in the complexity of overseeing several facilities, managing varied funding streams, and running multiple service lines – all while keeping patient care at the forefront. Healthcare organisations need purpose-built solutions.

This is where Sage Intacct makes a difference. As a cloud-based financial management software trusted by healthcare providers throughout the UK, it delivers real-time insights and the adaptability needed in the rapidly evolving healthcare sector. Whether you work in private care, a charitable organisation, or social care, Sage Intacct helps you handle complexity, lower risk, and make confident, data-backed decisions.

In this blog, we’ll look at how Sage Intacct enables smarter financial management for healthcare organisations – and why it could be the answer your team has been searching for.

1. Gain real-time visibility with financial management software 

Access to accurate, timely data is one of the biggest hurdles for healthcare finance professionals. Outdated spreadsheets or siloed systems can obscure the bigger picture.

Sage Intacct solves this by offering live dashboards and detailed reports that bring together information from all departments, sites, and funding sources. Teams can instantly see:

• Budget vs. actual performance for each programme or department

• Cost per bed, ward, or location

• Income streams from public, private, and grant funding

• KPIs tailored to your organisation’s specific targets

These insights empower decision-makers to respond quickly, monitor financial health, and ensure resources are allocated where they have the most impact.

2. Strengthen compliance and audit readiness 

Healthcare providers must navigate strict reporting standards and regulations, from statutory requirements to donor conditions. Sage Intacct helps keep compliance simple with:

  • • Pre-built reports aligned to healthcare finance regulations

  • • Automated audit trails for complete transaction histories

  • • Permission-based controls to protect sensitive data

  • • Role-specific dashboards to keep staff accountable

Whether preparing for annual audits or providing grant expenditure reports, Sage Intacct ensures documentation is accurate, accessible, and compliant.

3. Improve grant and fund management 

For non-profit healthcare providers or organisations juggling multiple funding sources, tracking grants precisely is essential. Poor oversight can lead to compliance breaches, delayed funding, or reputational damage.

Sage Intacct enables you to manage grants and restricted funds independently from your general budget. Each fund can be:

• Tagged and tracked individually

• Monitored across multiple fiscal years

• Assigned to specific departments or projects

This level of control ensures compliance with funding terms and transparency for stakeholders.

4. Enable confident, data-driven decision-making  

In healthcare, every financial decision affects the quality and reach of care. Expanding services, hiring staff, or opening a new facility requires accurate data and scenario analysis.

With Sage Intacct, you can:

• Use scenario modelling to forecast outcomes

• Create reports aligned with your strategic KPIs

• Drill down into transaction-level detail for deeper insight

The result? A shift from reactive reporting to proactive, informed decision-making that balances operational needs with long-term plans.

5. Save time with automation and integration 

Manual processes not only slow down work but also invite errors. Sage Intacct automates many repetitive finance tasks, such as:

• Accounts payable and receivable

• Purchase approvals and workflows

• Expense claims

• Month-end reporting

It also integrates with other healthcare, HR, and business systems, creating a single source of truth and reducing duplicated effort.

6. Scalable for growth and change

Healthcare organisations are constantly adapting – through mergers, service expansions, or regulatory changes. Sage Intacct’s flexible architecture supports:

• Multi-entity and multi-location consolidation

• Separate charts of accounts where needed

• Group-level financial roll-ups for clear oversight

You can add new facilities or departments without disrupting current operations, making it a future-proof investment.

7. Proven results in the healthcare sector 

Healthcare organisations already using Sage Intacct report measurable gains, including:

• 40% faster month-end close

• 80% reduction in manual processes

• Complete financial visibility across sites and services

These outcomes free finance teams to focus less on admin and more on strategic work that benefits patients and the organisation.

Final Thoughts

Healthcare finance teams face complex, high-stakes challenges every day. With Sage Intacct accounting software for healthcare, they gain a system that delivers real-time visibility, strengthens compliance, simplifies grant tracking, and empowers smarter decision-making.

If your organisation is ready to move past outdated tools and take control of its financial future, Sage Intacct could be the right solution. Contact us to learn more.

About the Author

Picture of Chris Hawley

Chris Hawley

Chris is the Managing Director at The Noledge Group and brings over 34 years of experience delivering ERP solutions across industries like retail, distribution, manufacturing, and construction. During his 24 years at Sage, he worked with nearly every product and notably transformed Sage 200 as its Product Manager, turning it into a leading solution for SMEs in the UK and Ireland. Chris takes pride in the continued success of Sage 200, supported by Sage Business Partners like Envisage.