Everything you need to know about Sage Financials

Sage terminated sales of Sage Financials in 2019 with the hope that the innovative, true cloud solution Sage Intacct could take its place once it was introduced to the UK late in 2019.

Although Sage Financials is no longer being sold it is still a big part of Sage history as it was perfect for small to medium sized businesses that were looking to grow. Sage Financials, formerly Sage Live, fell into the umbrella platform called ‘Sage Business Cloud’.

The platform offers a powerful range of cloud and cloud connected products and have been purpose built to support the upcoming generation of modern businesses.

Other products that fall under this umbrella include Sage Accounting (formerly Sage One), Sage 200cloud, Sage 50cloud, Sage Enterprise Management, Sage People, Sage Payroll and Sage Payments and Banking. Sage 50cloud and Sage 200cloud (formerly Sage 50c and Sage 200c – on premise solutions with cloud connectivity), have become a bridge that holds the different categories together.

Both products can be seen in multiple categories and are the glue that keeps Sage Business Cloud connected. Sage Business Cloud – one solution for all your accounting needs.

What was Sage Financials?

Aimed at SMEs, Sage Financials was a cloud only solution built on the Salesforce platform which used the latest technology to drive business growth enabling you to manage your finances in real time, wherever you are. Users gained the ability to link sales, accounting, banking, invoicing and payments with Salesforce CRM whilst having the ability to customise. Sage Financials allowed you to gain visibility into business performance and gave you flexibility to react to customer demands, new opportunities and competitors as well as allowing you to scale without complexity.

Features and advantages

  • Work as efficiently as possible by automating your processes.
  • Sage Financials has been built using the market leading Salesforce cloud platform. This means Sage Financials was designed to work seamlessly, effortlessly and in the most flexible way possible.
  • Integrate with thousands of apps to create the ultimate cloud solution using the Salesforce AppExchange.
  • Say goodbye to manual reports, payments, invoicing and receipts. Sage Financials was all about automation.
  • Make use of constant, real-time analytics and flexible, insightful reporting.
  • Drive productivity across your business with the Chatter integration.
  • Access whenever, wherever. View and edit data, from any connected device in real-time.
  • Unite your favourite apps easily in one versatile cloud hub.
  • Automate processes with Bank Feeds, Approval Processes and Sales to Invoice Workflows to free up your team and avoid errors.
  • Keep everyone updated by sharing business newsfeeds, alerts, reminders and other important updates through Chatter.
  • Utilise current technology by providing your teams with the data the want, on the devices they want it on.
  • Connect multiple systems using the Salesforce API for streamlined business processes
  • Save time on routine tasks, giving you freedom and time to focus on what you do best.

What did Sage Financials do?

With the help of Sage Financials, you were able to boost automation and productivity, helping you to focus on what you do best within your company. With efficient workflows and automation, Sage Financials minimised the complexities of accounting tasks, and enabled you to analyse every detail of your company.

This solution ensured financial stability and allowed you to take confidence in cash flow when growth opportunities arise. Your company could have expanded into new markets with multi-currency and multi-language capabilities with the help of this solution.

Sage Financials improved productivity and efficiency across a business, eliminating manual data by automating workflow, bank reconciliations and other important transactions. This was beneficial as it freed up countless hours of categorising transactions.

Sage Financials had a connected digital platform which allowed productivity to be improved with streamlined communication and teamwork between the front and back office.

It provided real-time accounting and up-to-date cash flow on any device, whether that was a phone, tablet, smart watch or a laptop. Sage Financials gave you access to all your business transactions in one financial hub, helping you gain insights into projected results, profit and loss, and operating margins.

With a 360° view of your business communications, you gained clear visibility into your customer relationships by connecting financials with CRM and having access to tracking upcoming sales and outstanding payments. You had access to Chatter, a live messenger functionality, to share updates and stay connected when away from the office, which would allow you to control your business on the go.

Looking for a solution to fill the gap that Sage Financials left?

After many successful years in the US market Sage Intacct has made its way to the UK and Solutions were one of few selected to be at the forefront of its introduction.

It was built by finance for finance and has been recognised as the #1 accounting software for customer satisfaction by leading review platform G2. Sage Intacct is renowned for consistently delivering great value and deep functionality which automates complex business processes. Sage Intacct can help your business grow with ease. This leading accounting and financial management system allows you to reduce the period end close time by almost 80%, helping you focus on what’s important.

Why choose Sage Intacct?

Leading cloud accounting and financial management solution,Sage Intacct, helps Finance Managers and CFOs access integrated management and financial reporting across their business entities allowing you to focus on growth and drive. This unique solution provides the automation and controls around billing, accounting and reporting, whilst eliminating errors, allowing you to stay audit-ready and focus on what’s important to your business.

At the heart of Sage Intacct is customer success. On the leading business software review platform, G2, Sage Intacct has the highest customer satisfaction score for both accounting software and ERP Suites.

Find out more about Sage Intacct.

Relationship with Salesforce

Sage Intacct, like Sage Financials did, works directly with Salesforce to develop, maintain and support a Salesforce certified integration. With each new release of either product, Sage works directly with Salesforce to automatically deliver a newly certified integration to the customer.

At Solutions for Accounting and CRM we are also a Salesforce Certified Partner. With Salesforce within our portfolio of CRM products, make the most of our expert knowledge to help maximise the benefit of this fully integrated solution.

Find out more about Salesforce.

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Why Solutions?

Our expert team will help you understand how Sage Intacct can be configured to support your business effectively. We will help you through every step of the implementation process, from consultation to supporting your software and your business once you are up and running, Solutions are there for you every step of the way.

We provide full product training to help your users get the most out of the software and to become more effective in their engagements with your customers.

As a leading Sage Strategic Partner, with many years’ experience in delivering Sage Solutions for clients, our team can help you transform the way you do business, freeing up the valuable time you need to focus on achieving your business goals.

If you are interested in finding out more about Sage Intacct, please contact our experts today on 0115 840 5075 or email enquiries@solutionscloud.uk.

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