Author: Anthony Yager

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29 Oct

Transform your cost structure whilst improving decision-making capability. For CFOs focused on operational excellence, modern ERP systems deliver quantifiable improvements in cost structure, processing speed, and decision-making capabilities. These aren't theoretical benefits—they're measurable competitive advantages that directly impact financial performance. Cost Reduction: Multiple Revenue Streams Infrastructure Elimination: Servers, maintenance, and backup systems disappear...

01 Oct

AI isn't the future of finance—it's the present competitive advantage. Artificial intelligence has moved beyond marketing promises to deliver measurable improvements in daily financial operations. For CFOs seeking operational efficiency and strategic insights, AI-powered ERP systems now provide practical benefits that directly impact the bottom line. Process Automation: Your Silent Workforce Modern AI...

17 Sep

The transition to cloud ERP is essential for organizations, shifting focus from whether to migrate to how effectively. Native cloud solutions offer significant advantages over hosted ones, including automatic updates and reduced long-term costs. As finance leaders evaluate options, the strategic choice directly affects operational efficiency and sustainable growth. Delaying...

27 Aug

Your finance team spends countless hours each month wrestling with asset calculations, depreciation schedules, and compliance requirements. Meanwhile, your accounting system - whether it's Sage Intacct, Xero, or another platform - handles your core financial processes well but falls short when it comes to sophisticated asset management. This gap between basic...

08 Aug

Sage Intacct introduces enhanced user experience features, including split views and advanced filtering. Improvements in Purchasing streamline document processing, while Accounts Payable allows for delegate approvals during absences. The Martus Budgeting Planner simplifies budget creation, and new reporting tools enhance financial visibility. AssetAccountant now supports Make Good Provisions for leases,...

10 Jun

We have some exciting news to share with our community of clients, partners, and friends - Accsys Consulting is on the move! After calling 2 Napier Close home for 30 years, we're packing up and heading to our new address at 24 Thesiger Court, Deakin ACT 2600. Our official move date...

12 May

The latest release of Sage Intacct introduces significant enhancements across various features including a new affiliate entity dimension for automated tagging in consolidations, improved AP automation with AI capabilities, optimized financial reports, and enhanced platform scalability with new tools. Additionally, Martus Budgeting and Velixo support new functionalities to streamline reporting...

06 May

Accsys Consulting highlights the limitations of traditional accounting software for growing businesses and promotes Sage Intacct as a tailored solution. It enhances financial management, supports multi-entity operations, scales with growth, and provides flexibility for new business segments. Their structured migration process ensures minimal disruption and maximizes benefits, empowering strategic decisions....

18 Feb

Financial leaders in mid-sized organisations face pressures in delivering timely insights amid complex operations. Manual reporting often leads to inefficiencies and hidden costs. Sage Intacct automates reporting, enhancing decision-making and operational performance. By implementing this platform, organizations achieve real-time visibility, improved productivity, and strategic focus, essential for growth and success....

12 Feb

Sage Intacct's latest release introduces AP Automation with Purchasing, enhancing invoice processing using AI, and flexible approval delegation for purchase requests. It also includes features for project management, revenue automation, custom customer statements, balance sheet classifications, new variance reports, and enhancements in budgeting tools. Velixo Excel gets new functionalities for...

19 Dec

Australian organisations face increasing pressure to make faster, more informed financial decisions. Sage Intacct provides a comprehensive cloud-native financial management platform that delivers immediate visibility and insights. The platform's sophisticated capabilities address the key challenges faced by modern finance teams through several innovative approaches....

04 Dec

Sage are excited to announce that a new version of Sage 300 is now available. This update offers several new features and program fixes....

11 Nov

Sage Intacct adds enhanced reconciliation tools, customizable AR statements, and a new REST API, supported by new training resources and certification programs. Martus introduces improved budgeting features with drag-and-drop functionality, while AssetAccountant expands lease management capabilities. Velixo Excel reporting brings automatic data refresh and modernized interface updates....

04 Nov

With increasing demands, CFOs need to be more agile than ever A new Foundry survey identifies myriad challenges finance managers face, from data integrity and security to lost productivity caused by manual processes. For example, 59% said the time they spend on accounting, compliance, and the financial close inhibits their work...

12 Aug

In today’s fast-paced business environment, efficiency in accounting operations is crucial for maintaining a competitive edge. Sage Intacct, a leading cloud-based financial management solution, offers a suite of tools designed to streamline financial processes and enhance operational efficiency. Here’s how Sage Intacct can transform your accounting operations: 1. Automated Workflows One of...

09 Aug

The release highlights include the following: Accounts Payable Automation Streamline AP purchase invoice entry by automatically creating draft AP purchase invoices from AP purchase invoice documents that you email or upload. Sage Intacct automatically identifies the supplier and fills in the AP purchase invoice details for you, attaching the source AP purchase invoice document for reference. Ask us about how you can save time and money...

17 May

Revolutionising Financial Consolidation in the Hospitality Sector The hospitality industry is on the cusp of a financial revolution. The traditional role of corporate accounting as the custodian of financial data is undergoing a transformation, driven by the need for more agile, accurate, and consolidated financial reporting. This white paper delves into...

15 May

The release highlights include the following: Purchasing Pay for services with blanket purchase orders - Using the purchase order workflow, you can now convert purchases of billable services by price to draw down an approved blanket purchase order amount. Cash Management Run a reconciliation match sequence report - you can run a pre-built report...

04 Mar

In today's digital landscape, safeguarding financial data is crucial, given the increasing prevalence of cyber threats. Recent incidents, such as privacy breaches affecting Optus, highlight the vulnerability of sensitive information. To address these challenges, cloud-based solutions, such as Sage Intacct, offer robust security features, ensuring financial data protection without burdening...

16 Feb

The release highlights include the following: Cash Management Bank feed transaction dating - You can now control the dating of bank transactions based on the time zone of a bank account. This avoids time zone anomalies that can occur with bank transaction dates and transactions generated from creation rules. Reporting - Financial Version history...

07 Nov

The release highlights include the following: Consolidations Advanced ownership consolidations - Unlock efficiency and elevate decision making with seamless, automatic rollup consolidation for complex partial ownership structures. Cash Management Bank transaction assistant - Streamline your Accounts Receivable receive payments workflow while accelerating your reconciliation process with the Bank transaction assistant workflow. General Ledger Change GL account...

07 Nov

The 2024 release of Sage 300 includes the following new features. Web Screens Web Financial Reporter The web-based Financial Reporter utilises Excel templates and replaces SIRC. Project and Job Costing There are web PJC screens for Timecards, Adjustment, Equipment usage, Transaction history, and PO processing screens for PJC Web APIs New web APIs allow greater access to your...

06 Sep

In today's fast-paced business world, efficiency and security are paramount. That's where Single Sign-On (SSO) comes into play, revolutionising the way organisations manage access to their software and applications. In this blog post, we'll explore the benefits of implementing SSO with Sage Intacct, a popular financial management solution, and guide...

30 Aug

If you are running a small or medium-sized business, you might think that enterprise resource planning (ERP) software is too expensive, complex or unnecessary for your needs. However, ERP software can offer many benefits for businesses of any size and industry, such as: Integrating various functions such as finance, inventory, sales...

21 Aug

The Tradies Group made the decision to upgrade from their on-premise Sage 300 to Sage Intacct in June 2023. Accsys Consulting has been providing implementation and support since 2014 as their Sage Business Partner. Carol Sawyer, Chief Financial Officer at The Tradies Group, listed the personal service provided by Accsys...

16 Aug

The release highlights include the following: Accounts Payable Vendor Approval - Verify the correctness of new and updated supplier records through an official review process. Time and Expenses Expenses now support bank files for employee expense reimbursements - Users can now reimburse employee expense reports entered in Time and Expenses using bank files. User Experience Lists enhancement -...

07 Jun

In this modern digital era, businesses are always on the lookout for innovative solutions to streamline their accounting processes. One such solution is Sage Intacct, a cloud-based financial management system renowned for its comprehensive features and adaptability. Among its many capabilities, the attachments feature stands out as a mighty tool...

08 May

The release highlights include the following: Reporting Drill down through account groups to transaction-level details - Analyze your data quickly and directly by drilling down through account groups to transaction-level details. Lock closed statutory reporting periods - After you close your books for a statutory reporting period, you can lock the period...

04 May

One of the primary challenges faced by organizations is the time-consuming process of consolidating financial data from disparate spreadsheets and systems. Sage Intacct simplifies this process by providing dimension-driven reporting, which allows users to analyze real-time business performance by business drivers without managing a complex chart of accounts. This feature...

01 May

As we kick off 2023, we are filled with optimism for brighter days ahead after the tumultuous past few years that have affected individuals and businesses worldwide. It is great to recognise Sage's work in listening to our customers, partners, and industry leaders through conversations and events like Sage Transform....

20 Mar

A SaaS metrics dashboard is a crucial tool for recurring revenue CFOs. It helps track and calculate KPIs in real time, eliminating manual work, and providing a visual organization of data. Lucy, a SaaS CFO, tried a standalone billing solution, but it didn't meet their needs for detail and customization....

03 Mar

The release highlights include: Accounts Payable AP Automation—Early Adopter An add-on feature to Accounts Payable, AP Automation streamlines your data entry process to save you time and money. The system automatically creates draft AP purchase invoices from AP purchase invoice documents that you email or upload to Sage Intacct. AP purchase invoice details are automatically populated for you, using...

06 Feb

Sage Intacct offers a range of features that can help organisations comply with AASB 15 or IFRS 15, an accounting standard that outlines the recognition, measurement, and presentation of revenue from contracts with customers. One of the critical features of Sage Intacct that supports AASB15 is its advanced revenue management capabilities....

13 Jan

The 2023 release of Sage 300 includes the following new features. Enhanced Security User passwords are more secure First released in Sage 300 2022 Product update 2, Require complex passwords will require that user passwords include at least one of each of the following: a lowercase letter, an uppercase letter, a number, and...

14 Nov

The release highlights include: Sage Intacct Planning Grid entry provides the look and feel of a spreadsheet, making data entry a snap. Import statistical account data from Sage Intacct into Planning for improved data entry flexibility. Lease accounting Early adopters can enable Sage Intacct Lease Accounting for IFRS 16 lease accounting standards which require businesses to raise...

19 Aug

The release highlights include: Accounts Payable AP advances now support multi-currency transactionsOpen attachments in a split view: You can now open and view your attachments on the same screen as the bill General Ledger Enhanced dynamic allocations to give you a per-dimension value in the setup. Role based dashboards 6 out-of-the-box dashboards designed specifically for roles...

15 Aug

SMEs can take advantage of efficiencies and cost savings. Whether you're curious about implementation or compatibility with existing processes, now is the time to take the next step towards a digital future for your business. eInvoicing is the fast, easy and secure way to send and receive invoices between buyers’ and suppliers’...

17 Jun

The product update 2 for Sage 300 includes the following new features. Advanced Complex Passwords Changes to user passwords to make Sage 300 more secure. In Sage 300 Database Setup, on the Advanced Security Settings screen A new Increase required complexity option allows you specify that passwords must meet a range of settings. See our post on...

13 May

The release highlights includes improvements in Tax, Accounts Receivable, Accounts Payable and the new Sage branding look and feel....