Sage Intacct

Sage Intacct is a cloud-based financial management and accounting solution designed to support the needs of growing businesses in a variety of industries. It offers a wide range of features, including general ledger, accounts payable and receivable, cash management, order management, expense tracking, project accounting, and financial reporting. With its robust automation capabilities and comprehensive reporting tools, Sage Intacct helps businesses improve efficiency, gain deep financial insights, and maintain compliance.

Frends can integrate with Sage Intacct to automate financial workflows, synchronize data with other enterprise systems, and improve financial visibility. By connecting Sage Intacct with systems like CRMs, payroll platforms, and e-commerce platforms, businesses can streamline operations and eliminate manual data entry, ensuring better accuracy and real-time data accessibility.

Business use cases

Automate Invoice Processing

Frends can integrate Sage Intacct with order management or e-commerce platforms like Shopify, Magento, or Salesforce. For example, when a customer places an order in an e-commerce platform, Frends can automatically generate an invoice in Sage Intacct. This ensures that invoices are consistently and accurately created, helping businesses save time and avoid errors.

Sync Customer and Vendor Data Across Systems

Frends can synchronize customer and vendor data between Sage Intacct and CRM systems like Salesforce, HubSpot, or Zoho CRM. For example, when a new customer is added in the CRM, Frends can automatically create or update the corresponding customer record in Sage Intacct, ensuring consistency and accuracy across platforms.

Streamline Payroll Data Integration

Frends can connect Sage Intacct with payroll systems like ADP, Paychex, or Gusto to automate payroll data processing. For instance, employee hours logged in a time-tracking tool can be automatically sent to Sage Intacct to calculate payments and update expense records, minimizing manual intervention and reducing payroll management errors.

Automate Bank Transactions and Reconciliation

Frends can automate bank transaction imports into Sage Intacct for real-time reconciliation. For example, Frends can extract bank transaction data from financial institutions and transfer it to Sage Intacct, automatically categorizing and reconciling payments and expenses. This eliminates tedious manual work and speeds up the reconciliation process.

Generate Real-Time Financial Reports

Frends can automate the extraction of accounting data from Sage Intacct and integrate it with business intelligence tools like Power BI, Tableau, or Google Data Studio. For instance, Frends can aggregate real-time cash flow, revenue, and expense data from Sage Intacct into dashboards, giving decision-makers a clear and updated overview of financial performance.

Streamline Expense Management

Frends can connect Sage Intacct to expense management platforms such as Expensify or Concur. For example, when employees submit expense claims in these platforms, Frends can automatically update expense records in Sage Intacct, improving the accuracy and efficiency of reimbursement workflows.

Integrate with Procurement Systems

Frends can integrate Sage Intacct with procurement and inventory management systems to streamline the purchasing cycle. For instance, when a purchase order is approved in the procurement system, Frends can automatically generate a corresponding record in Sage Intacct, keeping financial and inventory systems in sync.

Automate Subscription Billing and Revenue Recognition

Frends can integrate Sage Intacct with subscription management platforms like Chargebee or Recurly. When a new subscription is created or updated, Frends can ensure that billing, payment, and revenue recognition entries are automatically reflected in Sage Intacct, enabling businesses to manage recurring revenue with ease.

Synchronize Sales Tax Data

Frends can integrate Sage Intacct with tax compliance platforms such as Avalara to automate sales tax calculations and updates. For instance, Frends can pull tax rates from Avalara and apply them to Sage Intacct invoices, ensuring accurate tax compliance for every transaction.

Streamline Multi-Currency Accounting

For businesses operating globally, Frends can automate currency conversion and updates in Sage Intacct by integrating it with foreign exchange rate providers. Currency rates can be regularly updated in Sage Intacct, helping businesses manage international transactions seamlessly.

Automate Accounts Payable and Vendor Payments

Frends can streamline accounts payable workflows by connecting Sage Intacct to AP systems or banking platforms. For example, when a bill is due in Sage Intacct, Frends can initiate vendor payments via the connected banking platform and update the payment status automatically.

Enable Compliance and Audit Automation

Frends can ensure compliance with regulations by automating the transfer of financial data from Sage Intacct to auditing or compliance tools. For instance, Frends can extract transaction logs or financial statements from Sage Intacct and archive or send them to regulatory authorities as required, ensuring audit readiness.

Integrate Inventory and Order Management

Frends can connect Sage Intacct with inventory or order management systems to streamline workflows. For example, when inventory levels are updated in an inventory management system, Frends can ensure the corresponding financial data is automatically reflected in Sage Intacct, enabling accurate inventory valuation and financial reporting.

By integrating Sage Intacct with Frends, businesses can automate key financial processes, eliminate data silos, and ensure accurate and real-time data sharing across their systems. This results in improved efficiency, more informed decision-making, and streamlined financial operations, allowing companies to stay focused on growth and strategy.