Sage 100 to Sage Intacct Migration FAQs
Today, modern cloud ERP solutions are rapidly becoming the norm, leaving some of our Sage 100 clients wondering if they should make the switch from an on-premise to a cloud system. If you’ve been considering a move from Sage 100 to a cloud-based ERP like Sage Intacct you may have questions. That’s why we’ve compiled answers to the most frequently asked questions to help you weigh your options:
- Should I be exploring cloud financials now?
- What are some benefits of moving to Sage Intacct?
- Sage Intacct is described as a true cloud-based solution. What does “true cloud” mean?
- Are cloud solutions cost-effective and secure?
- Is Sage Intacct a good fit for my organization?
- Should I be concerned Sage 100 is going away?
1. Should I be exploring cloud financials now?
The short answer is yes. While this doesn’t mean you need to migrate or even that cloud accounting software like Sage Intacct is right for you, it’s always a good business practice to understand your options. This is especially true if one of more of the following applies to your organization:
- Has multiple entities and/or multiple locations; and manages a complex organizational structure requiring consolidations, eliminations, inter-entity transactions, and allocations.
- Is in the software, business and professional services, not-for-profit, financial services, healthcare, entertainment, hospitality, franchise, or family office industries.
- Is experiencing or anticipating growth in the next 1-2 years.
- Relies on spreadsheets for financial reporting and analytics and spends too much time on data entry and other manual processes.
- Uses one or more cloud applications that you need/want to integrate into your core financial modules.
- Has employees that need remote access.
2. What are some benefits of moving from Sage 100 to Sage Intacct?
Clients that have moved to Sage Intacct accounting software report significant benefits, including:
- Improved financial reporting and visibility with unlimited data dimensions, using real-time reporting and customizable dashboards
- Automated business processes and workflows, including quote-to-cash, purchase to payment, and consolidations
- Automated multi-entity management
- Streamlined integration with other best-in-class applications such as AP automation, expense management, CRM, and budgeting and forecasting
- Ability to access from any device via a web browser wherever there is an internet connection, no remote desktop connection needed
Learn how B-29 Investments, a family office, was able to gain real-time insights and spend more time on strategy after moving to Sage Intacct. Read the case study.
3. Sage Intacct is described as a true cloud-based solution. What does “true cloud” mean?
True cloud refers to a multi-tenant system accessed via a web browser. With multi-tenant, all clients share the same software application (while their data is isolated from other tenants). As a result, clients automatically get the latest upgrades. It also is highly configurable, allowing clients to use self-service tools to grow at their own pace. Plus, true cloud-based solutions like Sage Intacct make it easy to connect to other applications like Salesforce.
4. Are cloud solutions cost-effective and secure?
Since they were introduced over 20 years ago, cloud ERP and accounting solutions like Sage Intacct have become increasingly mature. There are many compelling benefits. Due to economy-of-scale, cloud providers are able to pass significant cost savings to their customers through a subscription price model.
Similarly, they are also able to provide data availability, security, and protection that go beyond the capabilities affordable to only large enterprises.
5. Is Sage Intacct a good fit for my organization?
It depends and often comes down to your industry. Sage 100 has a rich history of excellence in the distribution and discrete manufacturing sectors and remains an ideal choice for those types of companies. By comparison, Sage Intacct’s strengths are ideal for the financial services, franchises, healthcare, hospitality, subscription and SaaS, construction, and nonprofit sectors. Contact us for an evaluation of your business to decide if it’s time to consider making a switch to Sage Intacct.
6. Should I be concerned Sage 100 is going away?
Absolutely not. Sage 100 is not going anywhere. In fact, Sage continues to actively invest in Sage 100 and has an extensive roadmap of enhancements. Sage continues to enhance the overall customer experience with modern financial reporting tools and build integrations with select complementary partner products. Both Sage and MicroAccounting remain firmly committed to our Sage 100 business and clients.
The Cloud Forecast
Growing companies are increasingly choosing cloud-based ERP solutions. It seems inevitable that cloud is the future of all business management applications. However, your organization should not feel pressured to make a move if Sage 100 is serving you well. Contact us to learn more about Sage Intacct, Sage 100, cloud ERP, or if there’s any other way we can help you manage change and grow your business, we’re here to serve you. You’re in good hands!