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Sage Intacct 2024 R2 New Release

Sage Intacct is at the forefront of financial management solutions, known for managing all your accounting processes and workflows, making it extremely flexible and adaptable. The 2024 R2 New Release builds on this robust foundation and offers enhancements to existing operations, further streamlining financial processes and integrating seamlessly with other industry-specific solutions. 

The aim of the R2 New Release is to enable businesses to refine their financial management systems, boosting efficiency and providing a deeper understanding of financial data. These updates not only enhance the user experience but also ensure that business and financial professionals can make more informed decisions, faster and with greater ease. 

As Sage Partners, we discuss what we believe are the key features of the R2 New Release and how they will help your business optimise financial management processes, maintain compliance, and achieve greater success and growth. 

What is Sage Intacct? 

Sage Intacct streamlines, improves efficiency, and enhances ease and precision. It is a comprehensive financial solution that can be tailored to your needs. It excels in cash flow management, offering critical insights into your financial wellbeing, covering accounts payable, accounts receivable, inventory management, and other financial processes. One of the main features of Sage Intacct is its support for multi-entity operations and fixed assets management, ensuring broad coverage for all your accounting and financial management needs. 

Benefits of Sage Intacct 

Sage Intacct is a powerful, cloud-based financial management software solution designed to meet the needs of modern businesses. It supports your operations and helps your business grow. The main benefits of Sage Intacct can be summarised in a few words: efficient, scalable, flexible, functional, customisable, easily integrated, comprehensive, accessible, and transformative. 

R2 New Release Key Features 

At Envisage, we believe that Sage Intacct R2 focuses on streamlining processes and efficiency, enhanced reporting capabilities and tools, and an improved user interface. Below are some of the main features of the R2 New Release:

  • Streamlining Processes 

One of the key differences is the introduction of more robust multi-entity management capabilities, allowing businesses with complex structures to streamline their accounting processes more efficiently. This feature introduces smoother consolidation and reporting, saving time and reducing the potential for errors. Additionally, it offers improved programming features, enabling businesses to further optimise their workflows and improve overall productivity. 

  • Integration 

Improved integration options with other industry-specific solutions create a more cohesive, unique, and customised financial ecosystem with seamless data flow. This cohesive financial structure improves efficiency and provides a more tailored approach to reporting and analysis, ensuring a complete view of business and financial operations. This overview promotes superior decision-making and strategic planning. 

  • Analytics and Dashboard Capabilities 

Sage Intacct R2 includes advanced analytics and dashboard capabilities, providing deeper insights and more comprehensive financial visibility. This strengthens financial controls and overall company development. The dashboard provides an ‘at a glance’ view of all financial transactions and compliance, potential financial risks, and developing trends. These improvements ensure that Sage Intacct not only continues to support but also significantly boosts the financial health and operational efficiency of businesses. 

  • Improved User Interface 

The latest R2 release offers a refreshed user interface designed to improve user experience and overall productivity. The layout has been modernised with more intuitive navigation, allowing users to find and access financial data and reports more easily and efficiently. 

  • Reporting 

The robust system now has the ability to generate individual reports for each project within a group. Businesses can schedule individual reports when filtering by project group. This feature provides greater flexibility and deeper insights into performance, finances, and profitability for each project, allowing businesses to manage projects more efficiently and make more informed decisions. Additionally, businesses can now track overbilling and underbilling and show predicted profit at the end of a project. This improved tool enables users to clearly visualise the financial health and positioning of their organisation. 

How Will it Help Businesses? 

At Envisage, we are dedicated to helping businesses grow and develop, and we proudly support the Sage Intacct R2 New Release. It offers improved features that benefit both existing and new businesses. For businesses already using Sage Intacct, R2 introduces advanced project reporting capabilities and improved integration options with other industry-specific solutions. This enhances operational efficiency and overall financial management and transparency. 

New businesses to Sage Intacct and R2 will find a highly flexible and scalable financial management solution tailored to their unique needs. It provides comprehensive support for tasks like cash flow management, accounts payable, receivable, and inventory. Sage Intacct empowers businesses with robust tools that streamline operations and drive growth. 

Our team at Envisage are Sage specialists with over 20 years of experience and product knowledge. We would love to hear from you to learn more about your business, enabling us to recommend the best software solutions for your specific requirements. To explore Sage Intacct in Ireland, or find out more about the R2 New Release, please email us at sales@envisagecloud.co.uk or alternatively complete our online form. We will get back to you as soon as possible to assist you with financial management 

About the Author

Picture of David Burke

David Burke

David Burke, the Technical Director for Envisage, is responsible for developing bespoke and off-the-shelf solutions, including easyDD for Sage. In 2023, he achieved accreditation as a Sage Intacct Implementation Certified Consultant.

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