Sage Transform 2022 Recap
We’re freshly back from Sage Transform 2022 in Orlando, Florida. Transform is Sage Intacct’s biggest annual event, and this year certainly didn’t disappoint. If you missed Transform 2022, we encourage you to consider attending in 2023. Sage puts on a great show, and there’s much to be learned and gained from the experience. We’re especially excited Sage Intacct continues to be innovative – making sure the accounting functionality is efficient and adapting to a changing world.
One of MicroAccounting’s own heroes, Kelley McCuen, with Little Rock Athletic Club, attended Sage Transform 2022, and shared her impression with us, “Transform was my first Sage conference and I can’t believe the volume of training I received! I’m looking forward to implementing some of those training ideas to improve efficiencies and better utilize Sage Intacct for our business!”
Thanks for sharing, Kelley! You’ve captured exactly what we think makes Transform so valuable. It’s the takeaways —the ideas, tips, shortcuts, tools, resources — and connections — that we might otherwise miss.
What We Learned
As a Sage partner, we’re there to learn as well. For example, we learned about new third-party integrations that we know will help some of you. In addition, we attended some vertical-specific industry sessions that sparked some new ideas among our team. Plus, we gained additional insights into Sage’s roadmap for Sage Intacct in the near future. Below is a brief recap of what’s on the horizon.
Sage announced the acquisition of Spherics, a carbon accounting solution to help businesses easily understand and reduce their environmental impact. Spherics automates the process of calculating emissions by ingesting data from a customer’s accounting software and matching transactions to emission factors to create an initial estimate of their carbon footprint. The software then guides the customer to refine this estimate by submitting further data for a more accurate calculation – supporting SMBs on their journey to net zero.
Sage Intacct is expanding its core financial offering into continental Europe, starting with France by the end of the year – the first non-English speaking country for Sage Intacct. The expanded offering provides France-based companies with Sage Intacct’s modern cloud capabilities to simplify and automate their multi-entity financial operations giving them data and insights to better run their business.
Sage Intacct Manufacturing will be available for customers in the US from 2023. The solution extends Sage Intacct to the discrete manufacturing and distribution industries, enabling them to streamline end-to-end operations and increase productivity.
Sage Intacct will continue to build out its Construction and Real Estate solution with new financial, operational, and pre-construction modules for payroll, property management, field service operations, and construction estimating expected in 2023.
Sage Intacct customers can now automate inventory transactions with barcoding and mobile data capture for real-time, company-wide, visibility and control, improved accuracy, and reduced data entry. Sage Intacct Inventory Automation provides cloud-based inventory management to help businesses ensure their stock and inventory is utilized efficiently and keep the business flowing.
This new functionality helps businesses simplify compliance with ASC 842 lease accounting standards in the US. Organizations will access all their lease accounting and compliance data in a centralized location and gain lease insights with multi-dimensional reports and dashboards.
Sage Intacct continues its investment in accounts payable automation to enable an automated end-to-end workflow from bill receipt to payment, reconciliation, and reporting. The combination of bill automation and vendor payments helps customers streamline and simplify AP processing, spend less time on manual tasks and get payments out faster alongside paying vendors the way they prefer to be paid.
Heroes Among Us
In addition to learning about what’s up and coming, our team enjoyed the Customer Hero and Industry Awards presentation. Here, Sage executives recognized individual companies across industries including nonprofit, financial services, healthcare, hospitality, professional services, and SaaS that showcase how Sage Intacct is helping customers succeed. Dan Miller, Sage’s EVP of Sage Intacct, said, “The streamlined processes and improved insights these companies experienced using Sage Intacct allow them to thrive, even in today’s challenging business environment. At the end of the day, Sage’s success will always be defined by the satisfaction and achievements of our customers.” Ditto that sentiment.
If you attended, we’d love to hear from you too — what did you find especially valuable? What can Sage do better next year? How can we do better? Reach us here.