This blog post appears courtesy of Sage Intacct.
We’re pleased to announce the availability of our 2018 R2 release tonight.
Thank you to everyone who helped make R2 happen – not only to the teams who directly built the product, but also to those of you in the Sales, Services, Support and Channel teams who worked with us and provided valuable feedback along the way.
R2 is an important release that deepens our industry support and introduces new global capabilities. Highlights include:
- Nonprofit Financial Board Book Powered by GuideStar giving customers the metrics that matter for nonprofit organizations in real time in a set of ready-made dashboards.
- Significant progress in inventory towards a Wholesale Distribution solution
- Support for HIPAA will open new Healthcare clients to us
- Improved control, flexibility, and automation of Contracts are designed to improve software customer satisfaction
- A new Personal Data Management Service support’s customer’s data retention policies to better comply with GDPR
- The New Global Consolidations goes GA in the Sage Intacct Action UI with new ease of use features
Release 2 Highlights
Get the metrics that matter for nonprofit organizations in a set of ready-made dashboards. We’ve teamed up with GuideStar to bring you the Nonprofit Financial Board Book for unparalleled visibility into your financial health and benchmark against peers.
New inventory capabilities just around the corner. The new Warehouse user type gives users access to select activities in Order Entry, Purchasing, and Inventory Control. Landed costs and Replenishment will transform inventory. Track true inventory costs and even automate reordering and fulfillment for cost-effective inventory. Coming soon after R2.
We now have the tools, certification, and commitment to safeguard Personal Health Information (PHI), which is regulated by the Healthcare Insurance Portability and Accountability Act (HIPAA). Our new Advanced Audit Trail, Sword and Shield HIPAA and HITECH certification, and willingness to enter into a Business Associate Agreement will increase their confidence and lower risk.
Control the timing of contract bookings, revenue recognition, and renewals. Key features include the ability to defer revenue recognition until performance obligations are met, define when a contract line should book, and convert revenue and expense schedules from manual to automatic as of a selected date. Additionally, streamline the front office to back office workflow with new bi-directional sync options with the Advanced CRM Integration.
Global – Personal Data Management Service for GDPR
Are your customers ready for new standards for managing access to personal data? We’ve got them covered with Advanced Audit Trail for tracking access to personal data, as well as a new GDPR service to manage storage and retention of personal data.
Global – Global Consolidations
Streamline Global Consolidations in our Action UI. The Action UI provides a cleaner, simpler way to set up and run consolidations. The consistent look and feel, duplication of books, and drill-downs make using Global Consolidations easier than ever.
Usability – Action UI
If your customers have been using our new Action UI already, they’re already noticing dramatic changes to menus and navigation. If they haven’t used Action UI yet, it’s time to give it a try — they can click Enable Beta UI in their main menu bar.
And much more…
In 2018 Release 2 there are new capabilities and current feature enhancements for everyone. We’ve made new enhancements across Contracts, Billing, Revenue Recognition, Salesforce Integration, Projects, Inventory, Purchasing and Order Entry, Subledgers, Insights, UI. And, we also continued our investment in our foundation and infrastructure.
Take a look at the full set of release notes for 2018 Release 2 and learn about how we are helping customers simplify their day-to-day and giving them insight that drives transformation for their organization.