More Efficient Operations for Professional Service Firms with Sage Intacct

By - July 20, 2020

Whatever your professional service firm specializes in, from digital marketing and IT services to consulting and engineering, Sage Intacct is uniquely suited to help you operate more efficiently and improve client satisfaction. In addition to Intacct’s robust set of standard features, this flexible cloud-based accounting system can be further configured to meet the distinct needs of your company – helping it face challenges before they become problems.

Built-in integrations easily connect to third-party solutions

Third-party integrations can help your company streamline its workflow. Sharing information between systems saves time by eliminating the need for manual updates. Syncing Intacct to other platforms also helps enhance communication between the accounting team and the sales and project delivery teams. Three integrations that can benefit your professional services firm are:

  1. Mavenlink: For professional services companies that require more expertise on the project management side, Sage Intacct has built-in integration with this cloud-based platform. When you create a project in Mavenlink, it will be automatically created in Sage Intacct as well. For invoicing purposes, as your teams input their time and expenses into Mavenlink, the information will be synced and automatically updated in Intacct.Other key project data that can be shared includes project progress, order entries, invoice amounts, and invoice status. Delivery teams can see all these details, which helps them plan the appropriate next steps for the project. To access this integration, you need the Sage Intacct Web Services module and the Project module.


  1. Kimble: One-click integration allows project information, payment status, and purchase order details to be shared between this professional services automation (PSA) solution and Sage Intacct. With updated financial data from Sage Intacct, you can use Kimble to perform more accurate forecasting and make more timely decisions. The requirement for this integration is Sage Intacct Web Services.


  1. Salesforce: To accelerate the quote-to-cash cycle, Sage Intacct also has pre-built integration with this leading CRM. With information shared between the two, your salespeople will have access to updated project data that can be passed along to their clients. The ability to sync your customer account details will cut down on the hours needed to manage accounts payable.


These integrations don’t need specialized configurations or custom development, which can save time on implementation. In addition to the integrations with Mavenlink, Kimble, and Salesforce, professional services companies can also take advantage of many other third-party solutions that are available in the Sage Intacct Marketplace.

Stay connected and prepare for growth

Though project management teams working remotely may be spread out geographically, they can all connect in the cloud with Sage Intacct to get real-time information from anywhere. Updated reports and dashboards are easy to produce within Sage Intacct and allow your project teams to make knowledgeable data-based decisions. The ability to create custom dimensions adds value to the reports, which can be designed to show the exact information teams need to see. For example, you can look at profit and loss by service, project, manager, region, customer type, or task.

As your professional services firm expands, Sage Intacct can grow with it. You can manage multi-entities by creating consolidations for multiple locations that stretch across service lines, regions, and even other countries. Currency conversions and inter-entity transactions are automated, so you can stop relying on multiple spreadsheets and separate QuickBooks files for each entity. Automation not only saves time but also improves accuracy.

Want to find out more about how Sage Intacct is uniquely suited to meet the needs of your professional services business? Contact the experts at RSM today.

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