Trust us, we get it – educational institutions are busy. Aside from working hard to shape and mould the people of the future, you are tasked with safeguarding, control of finances, and keeping governors informed on the latest information.
Choosing a new financial management solution for your organisation can sometimes feel like an overwhelming and time-consuming task and besides, your current financial processes aren’t that bad… right?
But what if you could reduce departmental pressure, gain better insights into your data and improve the efficiency of your operations by finding a system that is right for you?
Well, you can; and that is where we come in.
What is Sage Intacct for Education
Sage Intacct for Education is a robust, cloud-based financial management solution for growing organisations, designed to drive user adoption through an intuitive and engaging interface.
The system can be tailored to perfectly fit your organisation’s needs to help you achieve your goals.
With Sage Intacct for Education, automate your school’s processes, manage multiple locations and modernise your finance function.
What are the benefits of Sage Intacct for Education?
It comes as no shock that more emphasis has been placed on the importance of cloud computing over the last few years.
Upgrading your current accounting software to Sage Intacct for Education can allow you to improve your financials by reducing IT costs and tedious manual tasks and automating your processes.
With remarkable functionality and the flexibility to work anywhere, at any time, Sage Intacct for Education can help your organisation stay ahead of the curve.
Remote data access
Sage Intacct for Education allows for unprecedented data accessibility as all of your information is hosted on secure and high-speed remote servers.
This means your team has easy access to the data they need at any time and from anywhere through multiple devices.
Smoother financial processes
Over recent years, cloud-based systems have often mainly been thought of as a way to support remote working and a distributed workforce, but they can offer a great deal more than that in terms of smoothing out your financial processes.
Organisations need to continually improve efficiencies and modern systems offer a way to do that with simple consolidations, multi-dimensional reporting with enhanced dashboard visibility.
This gives organisations better insights into financial operations and strengthens strategic decision-making. Sage Intacct for Education offers more streamlined financial processes with some organisations reporting a 79% decrease in the time taken to complete month-end close.
No hardware or software installation
With on-premise software, organisations that need to implement a strong financial management system would usually need to invest in both hardware and on-premise software.
This often results in high setup and maintenance costs. With Sage Intacct for Education, those costs can significantly decrease as the solutions are hosted in secure and high-speed cloud servers.
The cost of new or upgraded software can often create a barrier for many decision-makers, with people reluctant to invest significantly without knowing whether they’re going to get a return.
However, at Solutions, we work with organisations to help guarantee a profitable investment. We have found that users switching to Sage Intacct for Education can achieve a 250% ROI and payback within six months.
Better collaboration
Sage Intacct for Education can create the perfect experience for your team as they can work together from the same up-to-date information.
By communicating and sharing customer information through Sage Intacct for Education, all your teams can stay updated with the latest and most accurate data.
Real-time insights & reporting
Many organisations find that they spend far too long collecting data from different sources and compiling information within Excel.
Not only does this become a drain on your finance personnel’s time, but mistakes are often difficult to eliminate and can come at a cost. Sage Intacct for Education has several powerful and intuitive tools and dashboards which help simplify these processes.
With out-of-the-box financial reports, metrics and ratios, your users can quickly and easily create dashboards based on your organisation’s needs.
Thanks to Sage Intacct for Education’s multi-dimensional general ledger and robust real-time reporting features, you can have instant visibility of your organisation’s performance, giving you the ability to make informed and robust decisions quickly.
Integration & customisation
Cloud software like Sage Intacct for Education is highly customisable allowing you to personalise your dashboards, views, tabs, fields and much more. This means it can be configured in a way which works best for your organisation.
You can combine and display all the pages and objects you need in a single, unique menu and create triggers that convert automated data sets into applications.
You can also create your own custom workflows to process records and set actions, statuses and multiple workflow paths.
How can Solutions for Accounting & CRM help?
As one of the UK’s leading business management software solutions providers, we’re a Sage Intacct specialist. We can help you successfully migrate to this more advanced platform and tailor it to your business needs.
We offer a wide range of Sage Intacct software options and expert advice to ensure you find the right solution for your organisation.
Our expert team consists of qualified accountants, product-accredited staff and talented developers, which means we can develop innovative add-ons and connectors to help you get more from your Sage Intacct solution, use it to its full capabilities and maximise your return on investment.
So, if you’re considering migrating to Sage Intacct and want to be sure you’re making the right decision, get in touch today to see how we can help.
You can call us on 0115 840 5075, email us at enquiries@solutionscloud.uk, or use the contact form below.
