RSMUS.comTransitioning From QuickBooks to Sage Intacct Construction: Unleashing Efficiency and Growth
As strong financial management increasingly defines the most competitive construction companies, many in the industry are replacing QuickBooks with Sage Intacct Construction. More than just a software upgrade, putting a robust yet industry-specific solution in place to handle accounting and finance leads to sweeping improvements across the entire company. Expect to save lots of time, energy, and stress with Sage Intacct Construction in place while simultaneously driving revenue, profitability, and growth like never before. Here’s how:
Focus on Construction
Unlike QuickBooks, which is built to be as basic and general as possible, Sage Intacct Construction was engineered for this industry, with features for project costing, job tracking, change order management, and construction reporting. Not only does the software improve these individual processes—by integrating financial management and project management onto a purpose-built platform, performance of both improves in every way.
Scalable Size and Complexity
As construction companies take on more employees, more projects, and more complex accounting requirements, the limitations of QuickBooks become impossible to ignore. Sage Intacct Construction, with its multi-location and multi-entity functionality, means that size, speed, and scale don’t become obstacles to effective accounting and strategic finance. For most companies, this will be the last accounting software they ever need.
Real-Time Visibility & Analytics
With QuickBooks, it takes work to get updated figures and metrics, yet there are many aspects of financial and project performance that aren’t visible at all. Sage Intacct construction has real-time data dashboards that automatically update KPIs when new data hits the system. Similarly, self-service reporting capabilities empower users to explore and analyze financial data at will for better-informed decision making.
Integrated Features & Data
Data silos inside QuickBooks along with underwhelming integrations with common construction software leaves accounting disconnected from the rest of the company. Sage Intacct Construction has APIs with the tools most companies use to bring more data directly into the accounting software. It also serves as a unified platform for financial and project management as well as a single-source-of-truth for both to improve communication and collaboration between people, projects, and departments.
Streamlined Compliance
Compliance feels both challenging and uncertain with QuickBooks but just the opposite with Sage Intacct Construction. Dedicated features for things like revenue recognition under ASC 606 will guide users through important requirements while automating cumbersome workloads. Frequent updates ensure the system automatically incorporates evolving compliance requirements.
Deep Customization Options
With minimal customization options, QuickBooks forces companies to adapt to the system. The system adapts to the company with Sage Intacct Construction thanks to deep and intuitive customization options that turn each workflow and interface into a reflection of the company’s preferences and priorities. Even individual users can customize the system to reflect their own needs and wants.
Accessible Automation
In QuickBooks, the automation tends to be either basic or buggy. Construction companies can save time and gain productivity with the automated tools in Sage Intacct, which put manual processes on autopilot to condense hours of work into minutes. The developers made these tools accessible and flexible so that users can begin automating accounting immediately and directing the time they used to spend on data entry or manual processes towards something else instead.
Cloud-Based Capabilities
Cloud capabilities aren’t native to QuickBooks, and it frequently shows. The native-cloud architecture in Sage Intacct Construction means the entire platform and all the financial data inside travels to any office or job site with Internet access. Users are never without the data they need or missing the means to collect and centralize data wherever it’s being created so that accountants have the most accurate, up-to-the-minute perspective into financial performance that’s possible.
Make the Switch to Sage Intacct Construction
QuickBooks is affordable, accessible, and adequate, which is an asset for many small or young construction companies. Then it becomes a liability. Replace the pain points caused by QuickBooks with the strengths of Sage Intacct Construction to make financial management into an operational strength and competitive differentiator.
Making the transition couldn’t be easier with the help of RSM, a team with equal expertise in construction, accounting, and technology. To see how Sage Intacct Construction stacks up, contact us.
