Accounting and business solutions provider
Sage Intacct can now, via the new Copilot Subledger Reconciliation Assistant, automate reconciliation reporting, highlight variances and provide drill-down insights for issue resolution. Users can automatically move work-in-progress balances upon project completion to reduce the risk of misstatements and speed up the financial close. They can also use a new Contract Summary Tab to consolidate key contract data into a single view, giving teams insights into billing, purchasing and project details. The Sage Copilot Close Assistant, which previously was accessible only to early adopters in the U.S. and U.K., has now been made generally available. The solution offers an at-a-glance view of month-end close progress to provide real-time visibility into close status across entities and subledgers. It identifies incomplete tasks, aids navigation and keeps staff aligned throughout the close process.
There are some new industry- and location-specific features as well. The software now includes EMRConnect Dashboards for health care providers, as well as integrated ticketing and financial data solutions for arts and culture organizations. New Zealand and Singapore users will also have goods and services tax support.
"Every finance leader I speak to feels the pressure to perform at pace," said Dan Miller, executive vice president of the financials and ERP division at Sage. "With these latest enhancements, we are saving them time, and giving them greater visibility for data driven decisions, driving future growth and creating high-performing teams."
Fundraising platform
The company also announced the general availability of Sage Intacct Fundraising across North America. Developed in partnership with nonprofit solutions provider DonorPerfect, it offers nonprofits a single platform to manage fundraising, finances and operations.
Users can access customizable forms and automation that initiate donor communications; automate fundraising workflows, including in-house payment processing or automatic assignments and alerts for staff based on donor activities; customize donor communication and updates; receive online fundraising support; access data-driven insights such as donor groups with specific interests; tailor their outreach with advanced segmentation tools; and generate reports that break down donations by giving level, campaign type or other criteria.
"Nonprofits have long relied on Sage Intacct for their fund accounting needs," said Miller. "By partnering with DonorPerfect, we're giving nonprofit leaders a connected, end-to-end solution with integrated transparency which is especially important as organizations need to diversify revenue sources to help them deepen their impact."
