In the construction and real estate industry, having your data organized and easily accessible can make all the difference. That's where Sage Intacct Construction steps in, offering a cloud-based solution designed to simplify data handling and seamless integrations. Imagine having real-time access to all your crucial information without the hassle of manual data transfers—sounds like a dream, right? With Sage Intacct, that dream becomes reality, helping you make smarter decisions faster.
Explore how Sage Intacct Construction can supercharge your operations. It offers robust features like advanced reporting, streamlined multi-entity management, and automation that takes the repetitive, manual work out of your day. Whether you're building homes, managing large projects, or installing and servicing electrical, HVAC, or fire safety systems, Sage Intacct is here to help you elevate your game and drive growth.
Elevating Data Handling and Integration
Sage Intacct stands out as a comprehensive cloud-based platform, specifically designed to streamline data management and integration for construction companies. In the construction industry, the ability to access real-time data is crucial. Sage Intacct provides this capability by ensuring that all data is centralized and easily accessible from anywhere, on any device, at any time.
With Sage Intacct Construction, companies can eliminate the need for cumbersome and time-consuming data transfers to external software like Excel. This system integrates seamlessly using Sage Intacct’s web APIs, which connect with over 3,000 banks and numerous other applications (i.e., Miter, ADP, BuildOps, hh2, Procore), ensuring that your data is always up-to-date and readily available for decision-making.
Advanced Dashboards and Reporting for Better Insights
Having immediate access to detailed financial insights is invaluable for any construction firm. Sage Intacct's dashboard functionality enables users to compile a range of reports and data visualizations tailored to their specific needs.
With unlimited dashboards that can be customized by user, role, or function, Sage Intacct offers a dynamic interface that helps track key metrics such as profit and loss, balance sheets, and project-specific financials. Users can drill down into specific data points, allowing for a deep dive into financial performance and operational efficiencies. This level of insight is vital for making informed business decisions quickly and accurately.
Streamlining Multi-Entity Financial Management
One of the key features of Sage Intacct is its ability to streamline multi-entity financial management. For construction companies operating across various legal entities, Sage Intacct provides a single platform where all entities coexist.
It simplifies the complexity of managing multiple entities by allowing consolidated reporting and seamless data entry across all operations. Users can generate consolidated financial reports with ease, facilitating a comprehensive view of the entire organization’s performance without the need for manual consolidation processes.
Simplifying Construction Accounting Processes
Construction accounting is complex, with unique challenges such as managing cost codes, change orders, and project-specific invoicing. Sage Intacct Construction simplifies these processes by providing a robust framework tailored for construction projects.
The system’s project management functionality includes features for tracking change orders, managing retainage, and handling work in progress (WIP) accounting. This ensures that all aspects of construction projects are captured accurately, providing a complete financial picture and improving project cost management.
Automating Bank Reconciliation
Bank reconciliation is often a tedious and time-consuming task. Sage Intacct automates this process, significantly reducing the manual effort required. Integrating with over 3,000 banks, Intacct automatically downloads your activity from the bank, matches it to the activity inside the solution, and automatically checks that off from your bank record.
By automating reconciliations, Sage Intacct Construction helps construction firms save time and reduce errors. This allows financial teams to focus on more strategic tasks rather than routine bank statement comparisons.
Taking the next step
Sage Intacct Construction offers a powerful, cloud-based solution for construction firms looking to enhance their financial management capabilities. From real-time data access and advanced reporting to multi-entity management and process automation, Sage Intacct equips construction companies with the tools they need to operate more efficiently and make better-informed decisions.
Whether you're a residential home builder, general contractor, or specialty subcontractor, the capabilities of Sage Intacct can help streamline your operations and support your growth. If you're ready to transform your financial processes, contact RKL today. We love to assist growing construction companies!
