Sage Intacct removes the complexity, time, and frustration associated with revenue recognition. Sage Intacct will help you simplify revenue management by flexibly configuring expense amortization to match or differ from your revenue recognition terms. With Sage Intacct, you can meet the AASB15 and AASB 1058 compliance challenge.
Templates and schedules in Sage Intacct mean you can automatically recognise revenue according to accounting standards. Sage Intacct lets you recognise revenue and amortises expenses, even as contracts change. Dual treatment of contracts according to both AASB 15 and AASB1058 provides you with immediate visibility into how the guideline changes affect your financials.
Sage Intacct’s recurring-revenue management software lets you integrate with Salesforce for a seamless, bidirectional flow of order, customer, and contract data to save time and reduce manual errors for your charity or not-for-profit. Streamline subscriptions and recurring-revenue recognition with real-time updates to accounting and billing for discounts, usage, renewals, upgrades, cancellations, and other changes.
"Sage Intacct’s revenue recognition solution lets us keep everything centralized, even though we’re managing fairly complex, multi-subscription contracts on annual or quarterly billing schedules. The system does a good job of handling different revenue recognition templates for each subscription type – improving our whole order-to-cash process and increasing the accuracy of our financial data. Now, when our sales team closes a deal in Salesforce, order details are automatically added to Sage Intacct, my team validates the revenue schedule, and then generates an invoice in just five minutes."
Revenue Controller, Acquia
Customised dashboards and reports give you deep, actionable views into revenue value and profitability by contract, products, divisions, and more. Sage Intacct shows your charity or not-for-profit every stage of the revenue lifecycle: order, fulfillment of performance obligations, revenue recognition, billing, and collection – so you’re ready with quick answers for customers and colleagues.
Enjoy out-of-the-box functionality that reduces the need for IT resources. Your charity or not-for-profit can handle revenue management requirements with configuration, not scripting. Structure your workflows to capture and edit contracts natively in Salesforce without additional integration software.