Professional services is a land of opportunity for firms that know how to grow. Learn how Sage Intacct provides the tools to drive your own success.
There are over 700,000 professional services firms in just the U.S. according to Inc. That figure points to how robust the industry is, but it also highlights how competitive it is across sectors. In order to stand out from the pack and remain relevant over the long-term, firms have to systematically engineer their own growth.
That is only possible in two ways – by minimizing costs or by maximizing profits. Rather than picking one approach or the other, Sage Intacct makes both possible. It’s a modern financial management solution that has been designed for the unique needs of professional services firms. And while its emphasis is on accounting and finance, its impact is much broader.
Just consider some of the ways that Sage Intacct makes your growth strategy actionable and attainable.
Project accounting is notoriously confusing and complex, and without a clear understanding of the dollars and cents it’s impossible to know how well a firm is doing. Sage Intacct makes project accounting easy by automatically integrating data on costs, revenues, labor hours, and many other factors. In-house accountants invest fewer resources into the process thanks to automation and data tracking. At the same time, project accounting improves to give decision makers a better picture of financial strengths and weaknesses.
With so many firms competing for the same clients, every bid has to make a strong statement. Sage Intacct integrates with CRM systems to help firms develop compelling and customized bids for every client. Looking at financial and operational data at the same time empowers firms to plan farther in advance and reorganize resources strategically. Then, when bids are due, it’s easy to create a competitive quote that optimizes the firm’s resources.
It’s the small decisions that get made on a daily basis that ultimately add up to growth. Sage Intacct empowers every employee to be their best in multiple ways. Comprehensive reports and dashboards offer a deep look into performance at a quick glance. Time and expense management tools make it simple to manage a distributed workforce and compare actual vs estimates. Lastly, automated billing and revenue recognition allows accountants and others to focus less on routine tasks and more on strategic initiatives.
Professionals services firms have three things to offer – experience, expertise, and excellence. Dealing with overwhelming accounting workloads or uncertain financial insights only compromise those efforts.
Sage Intacct is the rare solution that makes high-level accounting accessible and reliable. When your firm is ready to reach new heights, contact blumshapiro to explore your options.