Given how keen businesses are to move to the Cloud as part of their shift towards digital transformation, it comes as no surprise that many are turning to technology to help achieve this. To allow them to keep up with innovations in technologies, managers are looking to identify suitable software to help improve their overall productivity as well as output.
It goes without saying that both internal and external processes are growing on a rapid scale along with decisions which are now being taken quicker than ever before. This has led to ERP solutions such as Business Central having greater relevance than it did previously. Given how flexible this solution is, it is well suited to favorably compete with Sage Intacct.
You will find that Business Central helps to fill the gap between businesses that need combined functionality between accounting and other business management solutions. The problem with Sage Intacct is the fact that is dedicated solely to finance and has next to nothing in other areas such as project management, production, service management & CRM which Business Central has.
To enable you to come to the best possible decision for your business on which ERP solution to pick, we will be presenting the advantages of Business Central over Sage Intacct.
Before we get started, what is Business Central?
Dynamics 365 Business Central (formerly Dynamics NAV) is specifically designed for small and medium sized businesses looking for an all-in-one ERP finance solution or an upgrade on existing entry-level accounting software such as Sage 50, QuickBooks, Xero Accounting or a legacy ERP system, that’s easy to use, adapt to and can be deployed in the Cloud or on premise.
Taking this one step further, Business Central can provide inherent functionality that improves functionality such as financial reporting & project management to help you meet the needs of customers now and well into the future.
So, why should my business pick Business Central over Sage Intacct?
Seamless integration with Microsoft 365
Since the COVID-19 pandemic the way in which we work has changed with more and more employers adopting a more hybrid working environment. Therefore, the fact that Business Central seamlessly integrates with the Microsoft 365 apps that we have grown to love such as Word, Excel, Teams, will help to increase the overall productivity and collaboration across your business.
Better still, using Business Central integrated with Microsoft 365 makes things easier to manage remotely such as accounting, which can now be delivered much easier and faster than before. As well as this, business processes are more flexible, meaning that they don’t have to be completed in the office, so they can be achieved by working from home or on the move. This is where Sage Intacct falls flat on its face as it is not capable of achieving this with its limited functionality.
In addition to the above, Business Central’s tight integration with Office 365 can allow your business to create invoices and service orders straight from Outlook and much, much more.
Streamline your finances
Business Central also helps your business to automate financial reporting activities such as journal and ledger entries as well as bookkeeping and auditing. By having this in place can lead to better outputs and results. Therefore, both budgeting and planning projects can be achieved in a much simpler way with better more efficient processes.
When comparing this to Sage Intacct, you will find that there are several restrictions in place that make it much trickier to work effectively since it is a basic accounting software. In addition to this, Sage Intacct does not allow for easy reconciliation of accounts which is something that Business Central does.
Basic CRM functionality
As we already know, being able to build and maintain customer relationships is vital to the success of any business which is where Business Central can assist. With the fact that users can manage endless contacts in addition to vital customer information which can be used for building customer relationships.
Furthermore, Business Central can easily integrate with Outlook making it even easier than ever to access both primary and secondary contacts. Thus, providing businesses with countless opportunities to manage both existing and potential customers much more effectively and efficiently whereas on the other hand Sage Intacct isn’t able to do this due to its limited functionality.
Seamless AI integration
If you choose Business Central as your main ERP system, you will also gain a whole host of AI features to help you transform the overall performance of corporate activities. This advanced functionality will help you to make better decisions which will enable you to increase win rates and provide you with better data. Better still, all your employees will be able to take advantage of this by making evidence-based decisions on qualitative and quantitative outcomes.
Whereas with Sage Intacct the accounting processes are not automated, and users of the system don’t have access to AI features as these features haven’t been updated to reflect technological innovations inherent in Business Central.
Game changing project management
It cannot be argued that putting projects into small more manageable chunks can prove useful for streamlining and efficiency. You will find that Business Central makes it easier for businesses to both manage straight forward and complex projects in one place.
The flexibility of the software makes it perfect for managers or employees to streamline projects as well as resources through the use of automation which allows both fast tracking and reporting. When comparing this functionality against Sage Intacct, you will find that the functionality does not allow businesses to streamline short- or long-term projects with budgeting.
Better reporting and analytics
Business Central is much better for extracting data and insights that can be used for both sales and financial reporting. This will also help to more accurately plan forecasts, profits and customer sales. You will also find that inventory records and lists can also be accessed through the app. Revolutionise your business by taking advantage of the insights generated from Business Central over Sage Intacct.
More trustworthy and better security
Concerns around cyber security have no doubt been accelerated following the recent COVID-19 pandemic meaning that businesses are even more aware of that than ever before. This has largely come as a result of more businesses adopting either hybrid or remote working environments.
You will find with Business Central, the financial and other sensitive data contained in your system are 99% safe given the actions Microsoft takes to prevent cyber-attacks. The problem with legacy systems such as Sage Intacct is the fact that they cannot give such assurances on data security which means that you are facing these dangers every time you access the system.
Greater flexibility
You will notice that Business Central is very flexible in the sense it has numerous features that can help the different functions of your business to grow. These not only include finance, commercials, but also project management, customer relationship management, human resources management, etc.
This leading solution brings together teams through the use of the latest cloud technologies to help your business to realise both its potential and productivity, no matter whether you are a small or medium sized business whereas Sage Intacct does not do this. The legacy Sage accounting software is lacking in many different features and limits users in performing other inter-related tasks in areas of the business other than just accounting.
Next Steps?
If you are a business that is currently interested in upgrading your current accounting system to Business Central or looking to implement Business Central over Sage Intacct then please do contact our team of Business Central experts today to discuss your specific requirements.
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