Tips to Make the Most of Sage Intacct and Your RKL Partnership

In today's fast-paced business environment, leveraging technology like Sage Intacct can be a game-changer for streamlining operations and enhancing financial visibility. Whether you're a seasoned user or new to the platform, understanding how to fully utilize its capabilities can significantly impact your business's efficiency.

Success with Sage Intacct goes beyond the software itself. It also involves leveraging the expertise and resources provided by your implementation partner. By utilizing these additional tips & tricks below, you can unlock actionable insights for your business management and cybersecurity needs.

RKL eSolutions Resources

The sheer volume of features in Sage Intacct can be overwhelming. However, RKL Solutions has made it easier by offering many free resources to help you navigate and maximize your usage.

• RKL Blog: Our blog is a treasure trove of knowledge. It is regularly updated with practical tips derived from real-world problem-solving in Sage Intacct from our consultant team. View our blog here.
• LinkedIn Group: If you are an RKL eSolutions customer, join our community of other customers like you to stay updated on the latest developments and share your experiences. Talk to your Customer Success Manager about how to join the LinkedIn Group.
• Events Page: Look for upcoming webinars, including our annual Intacct Year-End Webinar, where we share invaluable tips for closing out the year smoothly. View our upcoming events.

                                  "If you don't get anything else out of today, join the blog. You'll thank me later."

Sage Intacct Tips & Tricks from an RKL Consultant

The tips and tricks outlined across the different Sage Intacct modules below represent only a small sample of the system’s extensive capabilities. For further guidance on specific features, several have accompanying blog posts authored by other RKL consultants. These resources are designed to help you address common challenges and improve efficiency when using Sage Intacct.

Company Module: The Backbone of Your Operations

Moving into the Company Module, it's essential to understand the nuances that can make or break your operational efficiency.

• AI Copilot: This tool is a game-changer. It provides links and breaks down complex information into digestible pieces. If you haven't used it yet, start today.

• Entity Management: Are you thinking about adding a new entity? First, consult with your Customer Success Manager to verify your current setup and avoid unexpected costs. Learn about entity management.
• Creating and Maintaining Checklists: While not perfect for recurring tasks, creating checklists can streamline your processes. Import them monthly to keep track of your progress. Create a checklist here.

Platform Services & Customization: Unleashing Potential

The flexibility of Sage Intacct's platform services allows for significant customization to meet specific business needs.

• Custom Fields: Setting up custom fields isn't hard, but choosing the right object is crucial. Use multiple monitors to streamline this process.
• Smart Rules and Events: Smart Rules can enforce data integrity, while Smart Events notify you of important changes. These tools are essential for maintaining order and efficiency. Create smart rules.
• API Triggers: Transition from Smart Events to API Triggers to manage your API usage and enhance performance. Learn about API Limits in Sage Intacct.
• Domain Authentication: Ensuring your domain is authenticated within Intacct is crucial for seamless email communication. This process, though straightforward, is essential for maintaining professional integrity and avoiding disruptions. Authenticate your domain now.

Financial Modules: GL, AP, AR, and Cash Management

General Ledger (GL) Module

• Journal Organization: Creating specific journals for different types of entries can simplify tracking and auditing processes.
• GL Account Flexibility: The ability to change GL account numbers can help maintain an organized and logical chart of accounts, enhancing both usability and readability.

Accounts Payable (AP) & Purchasing

• Approval Processes: Implementing robust approval workflows can prevent errors and ensure compliance. Utilizing AP bill and payment approvals can safeguard against unauthorized transactions. Our team at RKL can help you set this up effectively. Learn about the AP Approval Process.
• Cost Management: Regularly reviewing and optimizing purchasing processes can lead to significant savings and efficiency gains.

Accounts Receivable (AR) & Order Entry

• Receive Payments New Feature: Transitioning to the new payment receipt interface can offer a more intuitive and efficient experience.
• Item Management: Properly setting up new items, including GL groups and transaction definitions, is essential to avoid errors and ensure accurate reporting.

Cash Management

• ACH Functionality: Utilizing ACH for payments can significantly reduce processing time and costs associated with traditional check printing and mailing.
• Automated Bank Reconciliations: Leveraging cloud services or importing transactions for reconciliation can streamline the process and enhance accuracy.

Reporting & Dashboards

Effective reporting and dynamic dashboards are at the heart of Sage Intacct's value proposition.

• Expanded Reporting Capabilities: Utilizing expanded columns for summary reports can provide deeper insights into financial performance. Create Expanded Columns.
• Dashboard Customization: Building tailored dashboards can offer real-time visibility into key metrics, empowering decision-makers with the information they need immediately.

Getting the most out of Sage Intacct

Using these Sage Intacct tips and tricks can transform how your business operates, providing better visibility, control, and efficiency. Remember, the key to success lies in continually exploring and adapting to new features and best practices.

Whether you're diving into the Company Module, customizing your platform, or enhancing financial operations, it is crucial to leverage the resources available to you. Join the RKL blog, utilize AI Copilot, and don't hesitate to reach out for support.

Feel free to contact me or your consultant for further assistance. Let's make the most of Sage Intacct together!

To view the full webinar of Todd's Tips & Tricks for Sage Intacct and RKL eSolutions clients, click here.