In this second part of our series introducing Roghnu, we wanted to do a deeper dive into three industry verticals that Sage Intacct is ideally suited for — those being professional service, business aviation, and software as a service type businesses. Each of these has some pretty unique challenges when it comes to accounting and finance, but we’ve seen time and again how Sage Intacct helps them conquer every one of them. Our expert team has helped plenty of these organizations upgrade their financial management software to Sage Intacct, resulting in better performance and uber-happy clients. Your success is our success! If you have one of these types of businesses, you owe it to yourself to read on.
Selling services is entirely different from selling tangible goods. There’s nothing to ship and there’s nothing to replace if it’s defective or broken. However, selling services means you’ve got some other tough challenges to deal with, especially when it comes to accounting. Sage Intacct to the rescue! Think of the amount of time and migraine medicine you’ll save when you can automate indirect costing, project accounting, and revenue recognition — yes, even if your rev rec rules differ for each service you provide. And when it’s all said and done, you can see your business metrics in any way that you want, such as profit and loss by service type, manager, location or client type. Sage Intacct’s dimensional general ledger and flexible reporting make it all effortless. And best of all? It’s virtually impossible to outgrow it.
Seriously, who has time to do all the accounting and finance stuff when your main priority is keeping planes in the air? Sage Intacct can do it for you. Yep, you can track your company’s revenue and expenses not only by the standard identifiers, such as department, location, and GL account, but by more compelling factors, such as aircraft tail number, trip number, operator, and airport code. Having partnered with Precise Digital Solutions and as a proud member of the NBAA, we at Roghnu have the unique know-how and expertise to make your business aviation company run better than ever with Sage Intacct.
Software as a service (Saas)
There’s a reason Sage Intacct won the 2016 SaaS Award for Best SaaS Product for Business Accounting or Finance. Actually, multiple reasons. Anyone who has a SaaS or subscription-based business knows that accounting and finances have somewhat arduous requirements. Fortunately, Sage Intacct meets the needs of each. Seamless integration with Salesforce and automation of many (typically time-consuming) tasks means you can streamline your quote-to-cash process, simplify subscription and contract billing, and automate revenue recognition. You can even make the process of turning revenue into cash a simple one, all while complying with the new ASC 606 and IFRS 15 standards. And even if you have multiple locations or use multiple currencies, your monthly financial close will be an easy-dreamy reality rather than a process-laden nightmare.
Any of this sound intriguing? If so, then give us a shout. We’ve helped plenty of businesses successfully upgrade their accounting software to the cloud and we’re certain we can help you too. Don’t wait — contact us right now. What’ve you got to lose?